1616 Eastern Ave, Baltimore, MD 21231
Local realty services provided by:Better Homes and Gardens Real Estate Maturo
1616 Eastern Ave,Baltimore, MD 21231
$570,000
- 3 Beds
- - Baths
- 1,945 sq. ft.
- Multi-family
- Active
Listed by: savannah marie spanellis
Office: foraker realty co.
MLS#:MDBA2208888
Source:BRIGHTMLS
Price summary
- Price:$570,000
- Price per sq. ft.:$293.06
About this home
Prime C-1 development opportunity with 3-car garage and potential to build above in the heart of Fell's Point. Located in one of Baltimore’s most vibrant waterfront communities, 1616 Eastern Avenue presents a rare opportunity to acquire a side-by-side duplex with strong income potential and significant development upside. Built in 1890, this property offers approximately 1,945 square feet of living space and is zoned C-1 (Commercial), allowing for a wide range of residential, mixed-use, or business applications in a highly walkable, high-demand location.
The property features two separate units, including a three-bedroom, two-bathroom residence and a one-bedroom, one-bathroom unit. Both units are currently vacant, providing immediate flexibility for an investor or owner-occupant to establish new rental strategies or occupy one unit while generating income from the other. The interiors offer functional layouts with open living and dining areas and natural light throughout, creating a solid foundation for customization and future value.
The previous owner successfully implemented a hybrid rental strategy, operating one unit as a short-term rental while leasing the other long-term, generating approximately $47,000 annually before expenses. This established income history provides a strong baseline with additional upside potential.
A standout feature is the approximately 1,000 square foot three-car garage, a rare amenity in this location. While not currently configured as living space, it presents a compelling opportunity for future expansion, including the potential to build above, subject to approval by the City of Baltimore. This offers the ability to significantly increase the property’s overall square footage and income-producing capacity.
Additional highlights include a private rooftop deck, providing valuable outdoor space in an urban setting, as well as an unfinished basement suitable for storage or future use. The side-by-side configuration further enhances flexibility for a variety of ownership and investment strategies.
Ideally positioned just steps from the waterfront, restaurants, nightlife, and local shops, this property benefits from the energy and demand of one of Baltimore’s most desirable neighborhoods. With its prime location, flexible zoning, established income history, and development potential, 1616 Eastern Avenue represents a unique opportunity for investors, developers, or owner-occupants seeking a versatile and high-upside asset....
Contact an agent
Home facts
- Year built:1890
- Listing ID #:MDBA2208888
- Added:3 day(s) ago
- Updated:March 31, 2026 at 10:41 PM
Rooms and interior
- Bedrooms:3
- Living area:1,945 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1890
- Building area:1,945 sq. ft.
- Architectural Style:Federal
- Construction Materials:Brick
- Exterior Features:Deck(s)
- Foundation Description:Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$570,000
- Price per sq. ft.:$293.06
- Tax amount:$5,450 (2025)
Parking
- Parking description:Attached Garage, Garage - Rear Entry
- Garage:Yes
- Garage spaces:3
New listings near 1616 Eastern Ave
- Coming Soon
$219,900Coming Soon2 beds 1 baths5313 Patrick Henry Dr, BALTIMORE, MD 21225
MLS# MDAA2140796Listed by: REAL ESTATE DEPOT - Coming Soon
$435,000Coming Soon6 beds 5 baths4306 Fernhill Ave, BALTIMORE, MD 21215
MLS# MDBA2209172Listed by: BENNETT REALTY SOLUTIONS - Coming Soon
$450,000Coming Soon5 beds 3 baths1309 Highland Dr, BALTIMORE, MD 21239
MLS# MDBC2157182Listed by: RE/MAX EXCELLENCE REALTY - Coming Soon
$385,000Coming Soon4 beds 3 baths1404 Lafayette Ave, BALTIMORE, MD 21207
MLS# MDBC2158030Listed by: LPT REALTY, LLC - New
$359,900Active3 beds 3 baths2,326 sq. ft.5340 Wyndholme Cir #109, BALTIMORE, MD 21229
MLS# MDBA2208738Listed by: UPSCALE REALTY, LLC - New
$214,900Active3 beds 2 baths1,305 sq. ft.5522 Bosworth Ave, BALTIMORE, MD 21207
MLS# MDBA2209056Listed by: NORTHROP REALTY - Coming Soon
$220,000Coming Soon4 beds 3 baths3703 Fleetwood Ave, BALTIMORE, MD 21206
MLS# MDBA2209146Listed by: EXP REALTY, LLC - Coming Soon
$125,000Coming Soon2 beds 2 baths3838 Lyndale Ave, BALTIMORE, MD 21213
MLS# MDBA2209164Listed by: COLDWELL BANKER REALTY - New
$295,000Active2 beds 4 baths1,933 sq. ft.216 Scott St, BALTIMORE, MD 21230
MLS# MDBA2209170Listed by: CUMMINGS & CO. REALTORS - Coming Soon
$475,000Coming Soon4 beds 2 baths9301 Dogwood Rd, BALTIMORE, MD 21244
MLS# MDBC2154676Listed by: LONG & FOSTER REAL ESTATE, INC.
Protect your home and budget from life's surprises with an Assurant Home Warranty, backed by a partner that supports you through every step of homeownership. Explore Plans.
© 2026 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each office is independently owned and operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.