Remodeled Income-Producing Duplex in Baltimore

2736 E PRESTON Street, Baltimore, MD 21213

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For Sale

$199,000

MULTI_FAMILY - Federal - BALTIMORE, MD

Property size:

1,504 SF

Price / SF:

$132/SF

Listing Contact

Jamie L Koehler

Real Estate License ID: 640791

HighLights

Separately metered 2‑unit rental property with remodeled kitchens and updated bathrooms
Unit A: 1BR/1BA with finished basement; total rent $1,253, with resident portion $1,040 and program pays $213
Unit A lease in place through July 31, 2026; resident moved in July 2012 (nearly 14‑year tenancy)
Unit B: full second level with 1BR/1BA; rent $980 with lease through July 31, 2026
Both units are paid up on rent and have active rental license and limited lead free lead certificate
Landlord pays water, lawn maintenance, and snow removal; utilities (gas/electric) are in residents’ names per leases

Learn more

For Sale

$199,000

MULTI_FAMILY - Federal - BALTIMORE, MD

Property size:

1,504 SF

Price / SF:

$132/SF

Added:: Apr 27, 2026
Days on Market:: 46
Last Refresh:: Jun 11 at 12:06 am

Property Features for 2736 E PRESTON Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Rooms: Basement, Family Room, Dining 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
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

We can help!

Listing Contact

Jamie L Koehler

Listing agent Jamie L Koehler License #640791

Listing office Cummings & Co. Realtors 201 KEY Highway, Baltimore, MD

Listing date Apr 27, 2026

MLS# MDBA2212256 Listing URL

HighLights

Separately metered 2‑unit rental property with remodeled kitchens and updated bathrooms
Unit A: 1BR/1BA with finished basement; total rent $1,253, with resident portion $1,040 and program pays $213
Unit A lease in place through July 31, 2026; resident moved in July 2012 (nearly 14‑year tenancy)
Unit B: full second level with 1BR/1BA; rent $980 with lease through July 31, 2026
Both units are paid up on rent and have active rental license and limited lead free lead certificate
Landlord pays water, lawn maintenance, and snow removal; utilities (gas/electric) are in residents’ names per leases

Overview

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.

Location Intelligence

Current Use by Public Records

Duplexes

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Location Insight

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Local Demand

City: Baltimore
County: Baltimore
State: Maryland
Longitude: -76.57874
Latitude: 39.30619

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For sale
Duplexes
MD
Baltimore
21213
2736 E PRESTON Street

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: Separately metered 2‑unit rental property with remodeled kitchens and updated bathrooms; Unit A: 1BR/1BA with finished basement; total rent $1,253, with resident portion $1,040 and program pays $213; Unit A lease in place through July 31, 2026; resident moved in July 2012 (nearly 14‑year tenancy)

2736 E PRESTON Street, Baltimore, MD 21213

MULTI_FAMILY - Federal - BALTIMORE, MD

Property Features for 2736 E PRESTON Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Three-Story Office Building

Established Bar and Lounge Opportunity

Historic Office Building Near Harbor

Mixed-Use Property on Harford Road

Multifamily Investment in Overlea, Baltimore

Medical/Dental Office Condo For Sale

Highlandtown Mixed-Use Property For Sale

Mixed-Use Property with Development Potential

Turn-Key Multifamily Investment Opportunity

Glass and Granite Office Building

Mixed-Use Property on Harford Road

Retail Business Opportunity in Baltimore

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