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Brick Duplex with Finished Basement
For Sale
$179,000

2910 FEDERAL Street, Baltimore, MD 21213

Multi-Family, BALTIMORE, MD

Property Size1,216 SF
Lot Size0.04 Acres
Price / SF$147.20
Days on Market25

Property Features for 2910 FEDERAL Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking features On Street, Alley
Elementary school TUNBRIDGE PUBLIC CHARTER SCHOOL
High school BALTIMORE POLYTECHNIC INSTITUTE
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 1,216 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 2686

Utilities

Heating system Forced Air
Cooling system Window Unit(s)

Amenities

in-unit laundry
fully finished basement with walkout stairs

Building Details

Year built 1950
Number of units 2
Building materials Brick
Architectural style Other
Listing Agency: EXP Realty, LLC
Listed By: Jasmine M Thomas · License #5007623
Added: Sep 25 Changed: Sep 27 Last Checked: Oct 19 at 10:06AM
MLS# MDBA2232520

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.

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Investment Insights

Based on property information with market context.

This brick duplex contains 1,216 square feet on a 0.0393-acre lot. A finished basement with walkout stairs adds usable interior space, and the property includes in-unit laundry. Forced-air heating and window-unit cooling serve the building.

Built in 1950, the property is less than a mile from a bus stop. Parking options include on-street spaces and alley access.

Key Highlights

  • 1,216‑square‑foot duplex on a 0.0393‑acre lot
  • Finished basement with walkout stairs
  • In‑unit laundry

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 (±1% cap)
NOI $17,857 @ 7.0% cap · market cap 9.98%
Second Best
Apartment 5plus
$226.3K
$198.0K – $264.1K (±1% cap)
NOI $15,843 @ 7.0% cap · market cap 8.85%
Theoretical Best
Office A
$291.3K
$254.9K – $339.9K (±1% cap)
NOI $20,392 @ 7.0% cap · market cap 11.39%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Dental Office Skin Care Clinic Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

637
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The 1950-built property combines brick construction with in-unit laundry and a finished lower level.
Where is this duplex located?
The property is located at 2910 FEDERAL Street 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 0.0393‑acre lot; Finished basement with walkout stairs; In‑unit laundry
More about this property
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