2801 E Federal St, Baltimore, MD 21213
Local realty services provided by:Better Homes and Gardens Real Estate Premier
2801 E Federal St,Baltimore, MD 21213
$245,000
- 3 Beds
- - Baths
- 1,878 sq. ft.
- Multi-family
- Pending
Listed by:will a cannon iii
Office:ben frederick realty, inc.
MLS#:MDBA2183050
Source:BRIGHTMLS
Price summary
- Price:$245,000
- Price per sq. ft.:$130.46
About this home
2801 East Federal Interiors:
This East Baltimore Duplex includes two apartments with upgraded, low-maintenance finishes suited for rental use. Kitchens are equipped with granite countertops, wood shaker-style cabinets, 30” gas ranges, and stainless-steel sinks. The two-bedroom unit offers a half-bath on the main level and a full bath with a fiberglass tub and enclosure. The one-bedroom unit includes a full bath with a cast iron tub and ceramic tile tub surround. Each apartment has private in-unit laundry, a bonus amenity for tenants.
Utilities:
2801 East Federal is separately metered for gas and electric, with no pesky public service bill for the landlord to manage. Tenants pay their own BGE bills, while the landlord covers water and sewer. Unit 1 is heated by a gas-fired boiler with radiators, and Unit 2 uses electric baseboard heat. A central 40-gallon gas-fired water heater, installed in 2022, supplies domestic hot water to both apartments. Observable plumbing includes copper, PEX, and steel supply lines, with PVC and PEX drain lines.
What’s Special about Berea, Baltimore:
Located just east of the Belair Road corridor and north of the old Northern Central Railroad tracks, this East Baltimore Duplex sits in the residential Berea neighborhood—an area characterized by traditional brick rowhomes and long-established households. The property is a little over a mile from Clifton Park, where tenants can access passive green space, a lake, and walking paths for outdoor enjoyment. 2801 East Federal is Certified Lead-Free, offering added protection for tenants and easing compliance for landlords. With separate gas and electric meters, in-unit laundry, and no major capital expenses needed, this duplex offers an easy-to-manage addition to your rental portfolio.
Investment Summary:
$245,000
$122,500 Per Unit
$179 Per Sq. Ft.
7.8 Times Actual Rents (GRM)
7.5 Times Market Rents (GRM)
9.77% Cap Rate
12.6% Projected Cash-on-Cash Return
Both units are leased through the Housing Choice Voucher Program, with 82% of rent paid directly by the subsidy provider—offering reliable, guaranteed income.
Contact an agent
Home facts
- Year built:1950
- Listing ID #:MDBA2183050
- Added:52 day(s) ago
- Updated:November 01, 2025 at 07:28 AM
Rooms and interior
- Bedrooms:3
- Living area:1,878 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Baseboard - Electric, Electric, Natural Gas, Radiator
Structure and exterior
- Year built:1950
- Building area:1,878 sq. ft.
Utilities
- Water:Public
- Sewer:Private Sewer
Finances and disclosures
- Price:$245,000
- Price per sq. ft.:$130.46
- Tax amount:$1,652 (2025)
New listings near 2801 E Federal St
- Coming Soon
$150,000Coming Soon5 beds 2 baths1204 N Longwood St, BALTIMORE, MD 21216
MLS# MDBA2189528Listed by: EXP REALTY, LLC - Coming Soon
$120,000Coming Soon2 beds 1 baths906 N Fulton Ave #a, BALTIMORE, MD 21217
MLS# MDBA2189978Listed by: EXP REALTY, LLC - New
$79,500Active2 beds 1 baths924 sq. ft.806 Leswood Ct, BALTIMORE, MD 21222
MLS# MDBC2144968Listed by: LONG & FOSTER REAL ESTATE, INC. - New
$249,900Active3 beds 2 baths1,344 sq. ft.224 N Milton Ave, BALTIMORE, MD 21224
MLS# MDBA2189324Listed by: RE/MAX ADVANTAGE REALTY - New
$105,000Active5 beds 2 baths1,300 sq. ft.606 N Belnord Ave, BALTIMORE, MD 21205
MLS# MDBA2189914Listed by: ARS REAL ESTATE GROUP - New
$113,000Active2 beds 2 baths1,750 sq. ft.6317 Park Heights Ave #103, BALTIMORE, MD 21215
MLS# MDBA2190090Listed by: BERKSHIRE HATHAWAY HOMESERVICES PENFED REALTY - New
$230,000Active3 beds 2 baths1,422 sq. ft.7839 Harold Rd, BALTIMORE, MD 21222
MLS# MDBC2144960Listed by: RE/MAX COMPONENTS - New
$425,000Active8 beds -- baths6,200 sq. ft.1736 Mcculloh, BALTIMORE, MD 21217
MLS# MDBA2189842Listed by: MID-ATLANTIC REALTY - Coming Soon
$325,000Coming Soon2 beds -- baths513 N Patterson Park Ave, BALTIMORE, MD 21205
MLS# MDBA2186626Listed by: COLDWELL BANKER REALTY - New
$275,000Active5 beds 3 baths1,836 sq. ft.2428 Mcculloh St, BALTIMORE, MD 21217
MLS# MDBA2188864Listed by: KELLER WILLIAMS LEGACY
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2025 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.