Brick Duplex with Finished
For Sale
$179,000
2910 E Federal St, Baltimore, MD 21202
Residents have in-unit laundry and access to on-street and alley parking.
Property Size1,216 SF
Lot Size0.04 Acres
Price / SF$147.20
Days on Market13
Property Features for 2910 E Federal St
General Information
Standard status
Active
Size
1,216 SF
Lot size
0.04 Acres
Property subtype
Residential Income
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,686
Amenities
in-unit laundry
finished basement
Building Details
Construction
brick
Listing Agency:
EXP Realty, LLC
(571) 398-5989
Listed By:
Jasmine Marie Thomas · License #5007623
(227) 218-7995
Source:
Exprealty
Added: Sep 24
Changed: Oct 1
Last Checked: Oct 4 at 1:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty, LLC
Investment Insights
Based on property information with market context.
This 1,216-square-foot brick duplex was built in 1950 and sits on a 0.04-acre lot. A finished basement with walkout stairs adds usable interior space, and the property includes in-unit laundry.
The home is less than a mile from a bus stop. Parking options include on-street spaces and alley access, and there are no association fees.
The home is less than a mile from a bus stop. Parking options include on-street spaces and alley access, and there are no association fees.
Key Highlights
- 1,216‑square‑foot duplex on a 0.04‑acre lot
- Finished basement with walkout stairs
- Brick construction; built in 1950
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,843
Cap Rate
8.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,860
$316.9K
Cap Rate 7%
$226,329
$226.3K
Cap Rate 9%
$176,033
$176.0K
Market Conditions
NOI Build-Up for 1,216 SF
Gross rent
$30.6K $25.20/SF
− Vacancy
−$1.8K −$1.51/SF
EGI
$28.8K $23.69/SF
− OpEx
−$13.0K −$10.66/SF
NOI
$15.8K $13.03/SF
Area
Baltimore, MD
Vacancy
6.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,860
Cap Rate 7%
$226,329
Cap Rate 9%
$176,033
Alternative Uses
Best Use
Multifamily LT 5
$255.1K
$223.2K – $297.6K
NOI $17,857 @ 7.0% cap · market cap 9.98%
Second Best
Apartment 5plus
$226.3K
$198.0K – $264.1K
NOI $15,843 @ 7.0% cap · market cap 8.85%
Theoretical Best
Office A
$291.3K
$254.9K – $339.9K
NOI $20,392 @ 7.0% cap · market cap 11.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
637
Businesses Nearby
Explore this area
Business Placement
Demographics for 21202, MD
22,247
Population
12,731
Households
1.7
Avg Household Size
33
Median Age
48%
College-Educated
86%
High-School Grad
1.6 sq mi
ZIP Area
13,904
Density / Sq Mi
$61,578
Median Household Income
$53,609
Median Earnings
$1,497
Median Rent
$307,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Residents have in-unit laundry and access to on-street and alley parking.
Where is this duplex located?
The property is located at 2910 E Federal St Baltimore, MD.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: 1,216‑square‑foot duplex on a 0.04‑acre lot; Finished basement with walkout stairs; Brick construction; built in 1950
