UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDBA2183050
Style Converted Dwelling
Year Built 1950
Annual Tax Amount $1,652
Tax Year 2025
Lot Dimensions 19'6\" x 94'
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
This East Baltimore Duplex includes two apartments with upgraded, low-maintenance finishes suited for rental use. Kitchens are equipped with granite countertops, wood shaker-style cabinets, 30” gas ranges, and stainless-steel sinks. The two-bedroom unit offers a half-bath on the main level and a full bath with a fiberglass tub and enclosure. The one-bedroom unit includes a full bath with a cast iron tub and ceramic tile tub surround. Each apartment has private in-unit laundry, a bonus amenity for tenants.
Utilities:
2801 East Federal is separately metered for gas and electric, with no pesky public service bill for the landlord to manage. Tenants pay their own BGE bills, while the landlord covers water and sewer. Unit 1 is heated by a gas-fired boiler with radiators, and Unit 2 uses electric baseboard heat. A central 40-gallon gas-fired water heater, installed in 2022, supplies domestic hot water to both apartments. Observable plumbing includes copper, PEX, and steel supply lines, with PVC and PEX drain lines.
What's Special about Berea, Baltimore:
Located just east of the Belair Road corridor and north of the old Northern Central Railroad tracks, this East Baltimore Duplex sits in the residential Berea neighborhood—an area characterized by traditional brick rowhomes and long-established households. The property is a little over a mile from Clifton Park, where tenants can access passive green space, a lake, and walking paths for outdoor enjoyment. 2801 East Federal is Certified Lead-Free, offering added protection for tenants and easing compliance for landlords. With separate gas and electric meters, in-unit laundry, and no major capital expenses needed, this duplex offers an easy-to-manage addition to your rental portfolio.
Investment Summary:
$245,000
$122,500 Per Unit
$179 Per Sq. Ft.
7.8 Times Actual Rents (GRM)
7.5 Times Market Rents (GRM)
9.77% Cap Rate
12.6% Projected Cash-on-Cash Return
Both units are leased through the Housing Choice Voucher Program, with 82% of rent paid directly by the subsidy provider—offering reliable, guaranteed income.
Location
State MD
County Baltimore City
Zoning R-6
Rooms
Basement Fully Finished, Rear Entrance
Interior
Hot Water Natural Gas
Heating Radiator, Baseboard - Electric
Cooling Window Unit(s)
Inclusions 2 30" gas ranges. 2 refrigerators. 1 clothes washer; 1 clothes dryer; 1 stacked washer/dryer.
Heat Source Natural Gas, Electric
Laundry Dryer In Unit, Washer In Unit
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Stone
Sewer Private Sewer
Water Public
Architectural Style Converted Dwelling
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0308161489 037
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
