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MLS: #MDBA2208888, Listed By: Savannah Spanellis, Cummings & Co. Realtors, Source:Bright MLS

1616 Eastern Avenue

BALTIMORE, MD 21231
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Bed 3

Bed

Bath 0

Bath

SqFt1,945

Sqft

Prime C-1 development opportunity with 3-car garage and potential to build above in the heart of Fell's Point. Located in one of Baltimore’s most vibrant waterfront communities, 1616 Eastern Avenue presents a rare opportunity to acquire a side-by-side duplex with strong income potential and significant development upside. Built in 1890, this property offers approximately 1,945 square feet of living space and is zoned C-1 (Commercial), allowing for a wide range of residential, mixed-use, or business applications in a highly walkable, high-demand location. The property features two separate units, including a three-bedroom, two-bathroom residence and a one-bedroom, one-bathroom unit. Both units are currently vacant, providing immediate flexibility for an investor or owner-occupant to establi sh new rental strategies or occupy one unit while generating income from the other. The interiors offer functional layouts with open living and dining areas and natural light throughout, creating a solid foundation for customization and future value. The previous owner successfully implemented a hybrid rental strategy, operating one unit as a short-term rental while leasing the other long-term, generating approximately $47,000 annually before expenses. This established income history provides a strong baseline with additional upside potential. A standout feature is the approximately 1,000 square foot three-car garage, a rare amenity in this location. While not currently configured as living space, it presents a compelling opportunity for future expansion, including the potential to build above, subject to approval by the City of Baltimore. This offers the ability to significantly increase the property’s overall square footage and income-producing capacity. Additional highlights include a private rooftop deck, providing valuable outdoor space in an urban setting, as well as an unfinished basement suitable for storage or future use. The side-by-side configuration further enhances flexibility for a variety of ownership and investment strategies. Ideally positioned just steps from the waterfront, restaurants, nightlife, and local shops, this property benefits from the energy and demand of one of Baltimore’s most desirable neighborhoods. With its prime location, flexible zoning, established income history, and development potential, 1616 Eastern Avenue represents a unique opportunity for investors, developers, or owner-occupants seeking a versatile and high-upside asset. UPCOMING OPEN HOUSE IS CANCELLED! WILL BE RESCHEDULED.

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Detail Ic Property Details

Property Type : Residential Income

Price : $565,000

AD Id : 76666349

MLS Id : MDBA2208888

Beds : 3

Living Area Size : 1,945

Year Built : 1890

Garage : 3

County : BALTIMORE CITY

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Feature Features

  • Bedroom Information

    Total beds: 3
  • Interior Features

    Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Cooling: None

  • Building Information

    Year Built: 1890 Building Area Total: 2455 Construction Materials: Brick Patio And Porch Features: Deck Pool Features: None Private Pool: No View: City

  • Lot Information

    Lot Size Source: Estimated Lot Size Square Feet: 0.05

  • Listing Price Information

    Listing Price: $565000

  • Tax Information

    Parcel Number: 0303081435 018 Tax Lot: 018 Tax Year: 2025 Annual Tax: $5450

  • Parking Information

    Parking Total: 3 Garage, Attached

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 3

  • Location Information

    Direction: From I-895 S take exist 12 onto Lombard St. Take a right onto Bayview Blvd. Then turn right onto Eastern Avenue. Your destination will be on the right. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2218 Boston Street, Baltimore, MD, 21231 $725,000 -- -- 3,325 3,325 SqFt
2112 Fleet Street, Baltimore, MD, 21231 $875,000 -- -- 5,288 5,288 SqFt
400 N Patterson Park Av.., Baltimore, MD, 21231 $499,900 6 -- 2,929 2,929 SqFt
2024 E Baltimore Street, Baltimore, MD, 21231 $495,000 5 -- 2,890 2,890 SqFt
1927 E Baltimore Street, Baltimore, MD, 21231 $420,000 3 -- 2,356 2,356 SqFt
1748-1750 Eastern Avenue, Baltimore, MD, 21231 $500,000 9 -- 7,920 7,920 SqFt
301 S Ann Street, Baltimore, MD, 21231 $595,500 2 -- 3,771 3,771 SqFt
1608 Eastern Avenue, Baltimore, MD, 21231 $375,000 2 -- 1,803 1,803 SqFt
1516 Lancaster Street St, Baltimore, MD, 21231 $2,000,000 13 -- 7,520 7,520 SqFt
1522 E Baltimore Street, Baltimore, MD, 21231 $465,000 4 -- 3,060 3,060 SqFt

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 07/19/2026 @ 07:45

MLS: MDBA2208888 LISTED BY: Savannah Spanellis, Cummings & Co. Realtors 410-823-0033 SOURCE: Bright MLS

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