Baltimore Homes under $500,000

Baltimore Homes under $500,000

**Discover the Charm of Baltimore: Your Gateway to Affordable Living**

Nestled on the picturesque shores of the Chesapeake Bay, Baltimore, Maryland, is a vibrant city that effortlessly blends rich history with modern living. Known for its stunning waterfront, diverse neighborhoods, and a thriving arts scene, Baltimore offers something for everyone—from charming rowhouses to contemporary condos. This city is not just about its iconic landmarks like the Inner Harbor and Fort McHenry; it’s also about the sense of community and the warmth of its residents.

For homebuyers seeking affordability without sacrificing quality of life, Baltimore is a hidden gem. With a variety of homes available for under $500,000, you can find a perfect space that aligns with your lifestyle and budget. Whether you’re looking for a quaint Victorian in historic Fells Point or a modern townhouse in the bustling neighborhood of Hampden, Baltimore’s real estate market has something to fit your needs.

Families will appreciate the city’s excellent schools, parks, and recreational opportunities, while young professionals can enjoy the vibrant nightlife and cultural events that make Baltimore a lively place to live. Plus, with convenient access to major highways and public transportation, commuting to nearby Washington D.C. or other parts of Maryland is a breeze.

Explore the possibilities that Baltimore has to offer. With its rich heritage, diverse neighborhoods, and homes priced under $500,000, you can find your dream home in this dynamic city. Embrace the charm of Baltimore and make it your new home today!

Newest Baltimore Homes under $500,000

3601 Clarks Ln Unit 314, Baltimore
$89,900
2 Beds ⋅ 2 Baths
Welcome Home to Luxury living at the Imperial Condominiums! This unit has it all! This home has been meticulously maintained. Renovations include a kitchen that was completely renovated in 2024. The improvements include new cabinets, granite countertops and stainless steel appliances, with engineered wood flooring installed in 2022. The dining room has a custom made chandelier as well as a built in Side Board for additional storage. Walk across the refinished original parquet floors to the sunk-in-living room. Enjoy the open airy room that boasts 10 foot ceilings with access to the expansive balcony. The lovely balcony doors were upgraded in 2024. When desired recessed lighting illuminates the space. The den and the second bedroom are accentuated with hardwired wall sconces as well as beautiful hardwood floors. The Owner's Suite is a sanctuary all its own! The bedroom area has floor to ceiling windows as well as a wall to wall closet. The master bath was fully renovated in 2022 with wall to ceiling wall tile, new vanity and new toilet. The hallway to the walk-in-closet is lined with mirrored closets on both sides!! Across from the walk-in-closet is a vanity area. All of the windows were replaced in 2021 and the floors were refinished in 2024! This home is move-in ready and awaiting its new owners! FYI, The Imperial Condominiums is an owner occupied Building. THIS PROPERTY IS SOLD AS-IS!! Make your appointment today!

3601 Clarks Ln Unit 314, Baltimore

Listing courtesy of Residential Realty, LLC.. Contact:

1820 N Mount St, Baltimore
$150,000
4 Beds ⋅ 2 Baths
Welcome to 1820 N Mount St, a renovated 4-bedroom, 2-full-bath rowhome offering a great opportunity for both investors and future owner-occupants. The property is currently tenant occupied at $1,600 per month, with rent currently below market, providing an opportunity for future rental growth. The home features an updated interior, spacious bedrooms, two full bathrooms, and a functional layout. Conveniently located near Penn-North Metro Station, North Avenue, Pennsylvania Avenue, US-40 and I-83, with easy access to Downtown Baltimore and surrounding areas. Nearby destinations include Coppin State University, Druid Hill Park, Mondawmin, and Downtown Baltimore. The property is also positioned near the West North Avenue corridor, an area that continues to see public and private investment, housing initiatives, transportation improvements, and redevelopment efforts. Whether you're looking to expand your rental portfolio with an income-producing property or invest in an area experiencing continued revitalization, 1820 N Mount St offers immediate rental income with additional long-term potential.

1820 N Mount St, Baltimore

Listing courtesy of LPT Realty, LLC. Contact:

2850 Boarman Ave, Baltimore
$159,000
4 Beds ⋅ 2 Baths
Welcome to 2850 Boarman Ave, Baltimore, MD 21215, a renovated 4-bedroom, 2-full-bath rowhome offering a great opportunity for an investor or future owner-occupant. The property is currently vacant and ready for immediate occupancy, giving the new owner the flexibility to move in or place their own tenant. The home features an updated interior, spacious bedrooms, two full bathrooms, a functional layout, and a basement providing additional space and storage. Conveniently located near Liberty Heights Avenue, Northern Parkway, Reisterstown Road, I-83, and I-695, providing easy access throughout Baltimore and the surrounding areas. Nearby destinations include Druid Hill Park, Mondawmin, Pimlico, Coppin State University, Baltimore City Community College, and Sinai Hospital, along with shopping, dining, and public transportation. Whether you're looking to expand your rental portfolio or purchase a renovated home for yourself, 2850 Boarman Ave offers a vacant, move-in-ready opportunity with plenty of flexibility for its next owner.

2850 Boarman Ave, Baltimore

Listing courtesy of LPT Realty, LLC. Contact:

2537 Salem St, Baltimore
$110,000
4 Beds ⋅ 4 Baths
Welcome to 2537 Salem St, Baltimore, MD, a 4-bedroom, 2-full-bath rowhome offering a great opportunity for an investor looking to add an income-producing property to their portfolio. The property is currently tenant occupied at $1,500 per month, providing immediate rental income from day one. The home offers a spacious and functional layout with four bedrooms, two full bathrooms, and comfortable living space. Conveniently located in West Baltimore with access to North Avenue, Liberty Heights Avenue, US-40, I-83, and I-695, making travel throughout Baltimore and the surrounding areas convenient. Nearby destinations include Coppin State University, Druid Hill Park, Mondawmin, Baltimore City Community College, and Downtown Baltimore, along with shopping, public transportation, and continued investment and redevelopment throughout West Baltimore. With an existing tenant and immediate cash flow, 2537 Salem St is a solid opportunity for an investor looking to expand their Baltimore City rental portfolio.

2537 Salem St, Baltimore

Listing courtesy of LPT Realty, LLC. Contact:

3907 Lyndale Ave, Baltimore
$95,000
2 Beds ⋅ 1 Baths
AGENTS - PLEASE VIEW AGENT REMARKS IN BRIGHT MLS. Welcome to 3907 Lyndale Ave — where comfort, opportunity, and value come together! Step inside this charming 2-bedroom, 1-bathroom Baltimore rowhome and discover a home that offers both character and versatility. The main level provides a comfortable flow for everyday living and entertaining, while the upper-level features two spacious bedrooms and a full bath. One of the home's standout features is the versatile basement, offering valuable additional living space that can be customized to fit your needs. Create a home office, entertainment area, fitness space, guest area, or potential third sleeping space—the possibilities are yours! Enjoy the warmth of hardwood flooring, the comfort of central heating and air conditioning, and the convenience of a rear porch, fenced outdoor space, and private off-street parking. The classic brick exterior adds timeless Baltimore charm, while the location offers convenient access to shopping, dining, parks, transportation, and major commuter routes. First-time buyers, don't miss this opportunity! This home offers an affordable path to homeownership with flexible space to grow, personalize, and make your own. Whether you're looking to stop renting and start building equity or simply want a home with room for your lifestyle, 3907 Lyndale Ave is ready for its next owner. Schedule your private showing today and come see the possibilities for yourself! Offers may be entered ONLINE through Monday, October 19, 2026 at 5:00 pm. AT SELLER'S DISCRETION, AN OFFER MAY BE ACCEPTED AT ANY TIME.

3907 Lyndale Ave, Baltimore

Listing courtesy of Keller Williams Legacy. Contact:

32 N Pulaski St, Baltimore
$130,000
3 Beds ⋅ 1 Baths
Welcome to 32 N Pulaski St, Baltimore, MD 21223, a 4-bedroom, 2-full-bath rowhome offering a great opportunity for an investor looking to expand their rental portfolio. The property is currently tenant occupied at $1,350 per month, providing immediate rental income from day one. The home offers a spacious and functional layout with four bedrooms, two full bathrooms, and comfortable living space. Conveniently located in West Baltimore with easy access to US-40, I-70, I-95, and I-695, providing convenient access to Downtown Baltimore and surrounding areas. Nearby destinations include Coppin State University, Carroll Park, University of Maryland Baltimore, the West Baltimore MARC Station, and Downtown Baltimore, along with shopping, public transportation, and continued investment and redevelopment throughout West Baltimore. With an existing tenant and immediate cash flow, 32 N Pulaski St offers a solid opportunity for an investor looking to add an income-producing Baltimore City property to their portfolio. Schedule your showing today!

32 N Pulaski St, Baltimore

Listing courtesy of LPT Realty, LLC. Contact:

15 S Carey St, Baltimore
$167,500
4 Beds ⋅ 2 Baths
Welcome to 15 S Carey St, Baltimore, MD, a 4-bedroom, 2-full-bath rowhome offering an excellent opportunity for an investor looking to add an income-producing property to their portfolio. The home is currently tenant occupied at $1,600 per month, with rent currently below market, providing immediate rental income with potential for future rental growth. The property offers a spacious layout with four bedrooms, two full bathrooms, and plenty of living space. Conveniently located in West Baltimore, with easy access to US-40, I-95, I-395, and I-695, making travel to Downtown Baltimore and surrounding areas convenient. Nearby destinations include Downtown Baltimore, University of Maryland Baltimore, Carroll Park, B&O Railroad Museum, Hollins Market, and the West Baltimore MARC Station, along with shopping, dining, public transportation, and ongoing redevelopment throughout the surrounding area. A solid opportunity to purchase an already occupied, income-producing property with below-market rent and future upside in Baltimore City.

15 S Carey St, Baltimore

Listing courtesy of LPT Realty, LLC. Contact:

23 Wheeler Ave, Baltimore
$110,000
4 Beds ⋅ 2 Baths
Welcome to 23 N Wheeler Ave, Baltimore, MD, a 4-bedroom, 2-full-bath rowhome offering a great opportunity for an investor looking to add an income-producing property to their portfolio. The property is currently tenant occupied at $1,500 per month, with rent currently below market, providing immediate rental income with potential for future rental growth. The home offers a spacious and functional layout with four bedrooms and two full bathrooms. Conveniently located in West Baltimore, with easy access to US-40, I-70, I-95, and I-695, providing convenient travel to Downtown Baltimore and surrounding areas. Nearby destinations include Coppin State University, Carroll Park, the West Baltimore MARC Station, University of Maryland Baltimore, and Downtown Baltimore, along with shopping, public transportation, and ongoing redevelopment throughout West Baltimore. A solid opportunity to acquire an already occupied, income-producing property with below-market rent and additional long-term potential.

23 Wheeler Ave, Baltimore

Listing courtesy of LPT Realty, LLC. Contact:

2603 Huntingdon Ave, Baltimore
$310,000
2 Beds ⋅ 2 Baths
Welcome to this beautifully updated 2-bedroom, 1.5-bath rowhouse in the heart of Baltimore’s vibrant Remington neighborhood. Originally built in 1900, this charming home has been thoughtfully modernized while preserving the architectural details and character that make historic Baltimore homes so special. Step inside and you’ll immediately appreciate the high ceilings, beautiful hardwood floors, exposed brick, and original details that create a warm and inviting atmosphere. The open-concept main level is designed for both everyday living and entertaining, with a spacious living area flowing seamlessly into the thoughtfully updated kitchen. The kitchen is truly the heart of the home, featuring beautiful solid-wood cabinetry, a custom copper sink, and a peninsula with seating for two—perfect for casual meals, morning coffee. A convenient first-floor powder room adds to the functionality of the main level. Upstairs, two spacious bedrooms provide comfortable retreats, along with a generously sized full bathroom. A versatile flex space offers endless possibilities as a home office, reading nook, workout area, or additional sitting room. Just beyond the interior, a private outdoor space provides the perfect backdrop for enjoying Baltimore’s beautiful seasons. Imagine relaxing with your morning coffee, dining al fresco, or entertaining on a warm summer evening. With its blend of historic character, thoughtful updates, flexible living spaces, and private outdoor area, this special Remington home offers the best of Baltimore charm with the comforts of modern living. Come experience all this inviting city rowhouse has to offer!

2603 Huntingdon Ave, Baltimore

Listing courtesy of Cummings & Co Realtors. Contact:

1154 Sargeant St, Baltimore
$245,000
3 Beds ⋅ 2 Baths

1154 Sargeant St, Baltimore

Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty. Contact:

1904 Penrose Ave, Baltimore
$130,000
3 Beds ⋅ 1 Baths
Welcome to 1904 Penrose Ave, Baltimore, MD 21223, a renovated **4-bedroom, 2-full-bath** rowhome offering a great opportunity for an investor looking to add an income-producing property to their portfolio. The property is currently **tenant occupied at $1,500 per month**, providing immediate rental income from day one. The home features an updated interior, spacious bedrooms, two full bathrooms, and a functional layout. Conveniently located in West Baltimore with easy access to **US-40, I-95, I-695, and I-70**, making travel throughout Baltimore and the surrounding areas convenient. The home is also within easy reach of **Downtown Baltimore, Coppin State University, Carroll Park, and the West Baltimore MARC Station**. With continued investment and redevelopment taking place throughout West Baltimore, **1904 Penrose Ave offers an opportunity to acquire a renovated, tenant-occupied property with existing cash flow and long-term investment potential.** Schedule your showing today!

1904 Penrose Ave, Baltimore

Listing courtesy of LPT Realty, LLC. Contact:

1807 W Mulberry St, Baltimore
$30,000
4 Beds ⋅ 1 Baths
Discover a prime investment opportunity in the Franklin Square Historic District! This Colonial townhouse offers 4 bedrooms and 1 full bathroom, perfect for a renovation project that can significantly increase its value. With lots of potential for substantial returns through strategic upgrades and modern enhancements. The property features an unfinished basement with interior access, providing additional space for expansion or rental potential. Located in a historic area, this property is poised for appreciation as the neighborhood continues to thrive. With no association fees and a desirable location, this investment is ideal for those looking to enter the rental market or flip for profit. Don't miss the chance to transform this property into a lucrative asset! Schedule your showing now!

1807 W Mulberry St, Baltimore

Listing courtesy of Northrop Realty. Contact:

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