1322 E Cold Spring Ln, Baltimore, MD 21239
Local realty services provided by:CENTURY 21 Mertz & Associates
1322 E Cold Spring Ln,Baltimore, MD 21239
$225,000
- 3 Beds
- 1 Baths
- 1,672 sq. ft.
- Townhouse
- Pending
Listed by: will a cannon iii
Office: ben frederick realty, inc.
MLS#:MDBA2185358
Source:BRIGHTMLS
Price summary
- Price:$225,000
- Price per sq. ft.:$134.57
About this home
● Projected 11.8% ROI — Strong in-place rent, with easy upside at turnover.
● ½ Mile to Morgan State University — Record enrollment and pursuit of R1 research status drive long-term rental demand.
● Certified Lead-Free — Eliminates compliance hurdles and costs at renewal or turnover.
● Nearly 50% of Rent Guaranteed — Reliable subsidy portion creates stable, predictable cash flow.
Interiors:
This three-bedroom Northwood rental home features hardwood flooring throughout the main and upper levels, paired with a granite kitchen that includes wood cabinetry, a 30” gas range, and a decorative tile backsplash. The full bathroom offers a modern vanity and cast-iron tub with tile enclosure. The basement provides additional living space with a partially finished area, while an unfinished section houses the utilities, a toilet room, and a full-size washer and dryer.
Utilities:
Tenants enjoy efficient HVAC with a gas-fired furnace and central air conditioning. Hot water is provided by a 2021 40-gallon gas-fired water heater. The property has a single electric meter with 100-amp service and one gas meter. Plumbing consists of C-PVC supply lines and PVC drains.
What’s Special About Northwood:
Just a half mile from the new Northwood Commons, this Northwood Rental Home gives tenants ultra-convenient access to LIDL and popular fast-casual dining like The Local Fry and Chipotle. Equally quick access is provided to Morgan State University, which is enjoying record-breaking enrollment — for the fifth consecutive year, it’s expected to surpass 11,500 students this fall, the highest in its history.
Morgan is also pursuing an ambitious research expansion. According to Black Enterprise, “Morgan has already surpassed three of the four benchmarks required for R1 classification, including achieving more than $55 million in research expenditures and producing over 20 doctoral degrees annually.” With a target of achieving R1 “Very High Research” status by 2030, the university’s growth trajectory signals even stronger long-term housing demand.
A recent article in Yield PRO underscores why single-family rentals remain a compelling investment class. With more than 14 million SFR households nationwide — nearly one-third of all U.S. rentals — investor demand is rising alongside tenant demand. The piece highlights that affordability pressures are pushing more households toward rentals, while investors are capitalizing on the strong cash flow and long-term stability single-family homes provide.
✅ 1322 East Cold Spring is certified lead-free, removing pesky paperwork and expenses at turnover and renewal deadlines.
Contact an agent
Home facts
- Year built:1944
- Listing ID #:MDBA2185358
- Added:80 day(s) ago
- Updated:December 16, 2025 at 09:04 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Living area:1,672 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Asphalt
- Year built:1944
- Building area:1,672 sq. ft.
- Lot area:0.05 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$225,000
- Price per sq. ft.:$134.57
- Tax amount:$2,030 (2024)
New listings near 1322 E Cold Spring Ln
- New
$195,000Active3 beds 3 baths1,105 sq. ft.321 S Macon St, BALTIMORE, MD 21224
MLS# MDBA2194582Listed by: KELLER WILLIAMS PREFERRED PROPERTIES - Coming Soon
$229,999Coming Soon3 beds 3 baths3916 Hayward Ave, BALTIMORE, MD 21215
MLS# MDBA2195324Listed by: EXP REALTY, LLC 
$299,900Pending3 beds 4 baths2,115 sq. ft.8616 Wilenoak Ct, BALTIMORE, MD 21237
MLS# MDBC2148370Listed by: UNITED REAL ESTATE EXECUTIVES- Open Sat, 12 to 2pmNew
$300,000Active4 beds 3 baths1,830 sq. ft.1742 E Lombard St, BALTIMORE, MD 21231
MLS# MDBA2194182Listed by: COLDWELL BANKER REALTY - Open Sat, 11am to 1pmNew
$625,000Active4 beds 3 baths2,496 sq. ft.3628 Bay Dr, BALTIMORE, MD 21220
MLS# MDBC2148342Listed by: COMPASS - Coming Soon
$149,900Coming Soon2 beds 2 baths2820 Edgecombe Cir S, BALTIMORE, MD 21215
MLS# MDBA2194578Listed by: KELLER WILLIAMS FLAGSHIP - Coming SoonOpen Sun, 10 to 11:30am
$389,900Coming Soon4 beds 2 baths3901 Forrester Ave, BALTIMORE, MD 21206
MLS# MDBA2195288Listed by: ADVANCE REALTY, INC. - New
$150,000Active3 beds 1 baths1,312 sq. ft.2760 The Alameda, BALTIMORE, MD 21218
MLS# MDBA2194834Listed by: VYBE REALTY - New
$155,000Active4 beds 2 baths1,256 sq. ft.3007 Frisby St, BALTIMORE, MD 21218
MLS# MDBA2194836Listed by: VYBE REALTY - Coming Soon
$260,000Coming Soon2 beds 2 baths421 S Sharp St S #r 11, BALTIMORE, MD 21201
MLS# MDBA2194914Listed by: LONG & FOSTER REAL ESTATE, INC.
Protect your home and budget with an American Home Shield© home warranty. Learn more©2025 Century 21 Real Estate LLC. All rights reserved. CENTURY 21®, the CENTURY 21 Logo and C21® are service marks owned by Century 21 Real Estate LLC. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Listing information is deemed reliable but not guaranteed accurate.