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Mixed-Use Building with Driveway
For Sale
$299,500

3210 EASTERN Avenue, Baltimore, MD 21224

Multi-Family, BALTIMORE, MD

Property Size1,400 SF
Lot Size0.03 Acres
Price / SF$213.93
Days on Market120

Property Features for 3210 EASTERN Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Parking 2
Parking features Driveway
Appliances Stove, Refrigerator
Subdivision HIGHLANDTOWN
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 1,400 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Annual Amount 2240

Utilities

Heating system Electric (Heating), Baseboard
Cooling system Central Air

Amenities

dedicated parking

Building Details

Year built 1920
Number of units 2
Building materials Brick
Listing Agency: Cummings & Co. Realtors
Listed By: Adrian M Sushko · License #523370
Added: Jun 9 Changed: Sep 28 Last Checked: Oct 6 at 10:06AM
MLS# MDBA2218734

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 1,400-square-foot mixed-use property combines a commercial area at street level with a separate apartment above. The brick building dates to 1920 and includes a driveway, central air, electric baseboard heat, and a basement. The apartment is equipped with a stove and refrigerator.

The property is positioned on Eastern Avenue in Baltimore’s Highlandtown area, near The Creative Alliance and approximately two blocks from Patterson Park. Its surrounding context includes nearby restaurants, entertainment venues, and neighborhood retail activity.

Key Highlights

  • 1,400‑square‑foot mixed‑use building with commercial space and an upstairs apartment
  • Brick construction dating to 1920
  • Driveway parking on the property

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,337
Cap Rate
6.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$366,740 $366.7K
Cap Rate 7%
$261,957 $262.0K
Cap Rate 9%
$203,744 $203.7K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$27.7K $19.80/SF
− Vacancy
−$1.5K −$1.09/SF
EGI
$26.2K $18.71/SF
− OpEx
−$7.9K −$5.61/SF
NOI
$18.3K $13.10/SF
Area
ZIP 21224
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$366,740
Cap Rate 7%
$261,957
Cap Rate 9%
$203,744

Alternative Uses

Best Use
Multifamily LT 5
$262.0K
$229.2K – $305.6K (±1% cap)
NOI $18,337 @ 7.0% cap · market cap 6.12%
Second Best
Mixed Use
$243.0K
$212.6K – $283.5K (±1% cap)
NOI $17,010 @ 7.0% cap · market cap 5.68%
Theoretical Best
Office A
$335.4K
$293.5K – $391.3K (±1% cap)
NOI $23,478 @ 7.0% cap · market cap 7.84%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Fruity Bar Specialty Food Shop Md 24/7 Locksmiths Locksmith

Suggested Use

Top Pick Dental Office Law Firm (Bike/Boat/Book/etc) Store Nursing Home Home Appliance Store Bed & Breakfast

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

1
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,444
Businesses Nearby

Demographics for 21224, MD

54,266
Population
23,433
Households
2.3
Avg Household Size
33
Median Age
50%
College-Educated
85%
High-School Grad
9.3 sq mi
ZIP Area
5,835
Density / Sq Mi
$86,209
Median Household Income
$63,556
Median Earnings
$1,782
Median Rent
$281,400
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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Main-floor commercial space pairs with an upstairs apartment in a compact brick building.
Where is this mixed-use property located?
The property is located at 3210 EASTERN Avenue Baltimore, MD.
What is the asking price?
The asking price for this property is $299,500.
What are key features of this property?
This property features: 1,400‑square‑foot mixed‑use building with commercial space and an upstairs apartment; Brick construction dating to 1920; Driveway parking on the property
More about this property
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