Remodeled Income-Producing Duplex in
For Sale
$199,000
2736 E PRESTON Street, Baltimore, MD 21213
MULTI_FAMILY - Federal - BALTIMORE, MD
Property Size1,504 SF
Price / SF$132.31
Days on Market97
Property Features for 2736 E PRESTON Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Dining Room, Basement, Family Room
Parking features
On Street
Interior features
Bathroom - Tub Shower, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Eat-In, Kitchen - Table Space, Upgraded Countertops, 2nd Kitchen
Appliances
Dryer, Dryer - Front Loading, Washer, Oven/Range - Gas, Range Hood, Refrigerator, Stove, WaterHeater
Subdivision
BEREA-BIDDLE STREET HISTORIC DISTRICT
Elementary school district
BALTIMORE CITY PUBLIC SCHOOLS
Middle school district
BALTIMORE CITY PUBLIC SCHOOLS
High school district
BALTIMORE CITY PUBLIC SCHOOLS
Standard status
Active
Size
1,504 SF
Taxes and HOA fees
Tax Annual Amount
1652
Utilities
Heating system
Forced Air
Cooling system
Window Unit(s)
Building Details
Year built
1942
Number of units
2
Building materials
Brick Front, Concrete
Architectural style
Federal
Listing Agency:
Cummings & Co. Realtors
(410) 823-0033
Listed By:
Jamie L Koehler · License #640791
(443) 604-5875
Added: Apr 27
Changed: Jul 13
Last Checked: Aug 1 at 10:06AM
MLS# MDBA2212256
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This remodeled, income-producing duplex is a 2-unit rental property. Located in Baltimore, MD, the property at 2736 E Preston St spans three finished levels and features LVP flooring, remodeled kitchens, and updated bathrooms. The property offers a total of 1504 square feet. Unit A encompasses the main level and finished basement, featuring 1 bedroom and 1 bathroom. This unit is leased to a resident participating in a subsidized housing program, with a total rent of $1,253. The program pays $213, and the resident pays $1,040. The resident moved in in July 2012 and is in a lease until July 31, 2026, which will then renew on a year-to-year basis. Unit B encompasses the entire second level, also featuring 1 bedroom and 1 bathroom. This unit's rent is $980. The resident moved in in July 2025 and is in a lease until July 31, 2026, which will then renew on a month-to-month basis. The property has an active rental license, limited lead-free lead certificate, and written leases holding the residents responsible for maintaining the gas and electric bills in their names. The leases also require the residents to handle trash removal, light bulb replacement, accidental lockouts, and any repair, extermination, or citation costs resulting directly from the actions of the residents. The landlord is responsible for water, lawn maintenance, and snow removal. The property includes 2 Ducane gas furnaces and 2 GE electric water heaters. The property generates $2,233 gross monthly rent, totaling $26,796 annually.
Key Highlights
- Remodeled 2‑unit rental property with separate meters and active rental license; limited lead free lead certificate reported
- Total gross rent reported at $2,233/month ($26,796 annually) with both tenants paid up on rent
- Unit A: 1 bed/1 bath (main level + finished basement) leased with rent totals $1,253 through July 31, 2026
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,150
Businesses Nearby
Explore this area
Business Placement
Demographics for 21213, MD
28,217
Population
14,549
Households
1.9
Avg Household Size
38
Median Age
17%
College-Educated
84%
High-School Grad
3.4 sq mi
ZIP Area
8,299
Density / Sq Mi
$50,031
Median Household Income
$41,378
Median Earnings
$1,253
Median Rent
$134,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Remodeled duplex with impressive rental income and long-term tenants.
Where is this duplex located?
The property is located at 2736 E PRESTON Street Baltimore, MD.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Remodeled 2‑unit rental property with separate meters and active rental license; limited lead free lead certificate reported; Total gross rent reported at $2,233/month ($26,796 annually) with both tenants paid up on rent; Unit A: 1 bed/1 bath (main level + finished basement) leased with rent totals $1,253 through July 31, 2026
