5 months on rocket

1616 Eastern Ave, Baltimore, MD, 21231

$609,000

Home List Price

$7,232*

Closing Credit

0 Baths
1,945 SqFt
$313/SqFt
Multi

Location

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1616 Eastern Ave, Baltimore$609,000

Buyer Closing Credits

$7,232*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingGarage - Rear Entry, Attached Garage
Garage3 spaces
Year Built1890
HeatingRadiant
CoolingWindow Unit(s)
BasementYes
ViewCity
MLS #MDBA2131668
StatusActive
(ACTIVE)

About 1616 Eastern Ave

Ideal Investment Opportunity in Fell's Point! Discover an exceptional chance to own a mixed-use property in the bustling heart of Baltimore. Zoned C-1, this versatile property allows for the addition of more apartments above the existing garage or the subdivision of the current structure into multiple units. Perfect for investors and homeowners alike, it features legal zoning and separate metering. The first-floor unit offers a cozy one-bedroom, one-bathroom layout with high ceilings and hardwood floors, creating a welcoming atmosphere. The expansive two-level apartment on the second floor includes a spacious eat-in kitchen, a large living area, three bedrooms, and two full bathrooms. A rare gem in Fell's Point, this property comes with a three-car garage, providing valuable parking space. Enjoy city views from the two-tiered rooftop deck, perfect for relaxing or entertaining. Just steps from the newly renovated Broadway Market and Atlas Group's Choptank restaurant, and two blocks from the Fell's Point waterfront, Sagamore Hotel, and Thames Street. With a proven track record as both a long-term rental and Airbnb, this property offers lucrative returns. Don't miss this chance – invest in Baltimore's thriving real estate market today!

Property Details

Property Features

Property Information:

  • Architectural Style: Federal
  • Year Built: 1890
  • Living Area: 1,945 SqFt

Listing Office:

  • Office Name: Monument Sotheby's International Realty
  • Office Phone: (410) 525-5435
  • Listing Agent: Holly D Winfield

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Exterior Information:

  • View: City

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Garage - Rear Entry, Attached Garage

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: Eastern Ave

Municipality:

  • Baltimore City

Price Information

Listing Price Info

Price Summary:

  • List Price: $609,000
  • Price Per SqFt: $313/SqFt

Tax Information:

  • Annual Amount: $4,552
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Baltimore, MD.

Med. Sold Price

$225.7K

Med. Price/SqFt

$162

Avg. Days On Market

36

# of Sold Homes

553

1616 Eastern Ave vs Baltimore

164 DAYS ON ROCKET

+128 Days

$609,000

+$383.2K More

$313/SqFt

+$150 More

KEY TAKEAWAY

This property is $383.2K more than the Median Sold Price and $150/SqFt more than other homes in Baltimore, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDBA2131668

Listing Office:

  • Office Name: Monument Sotheby's International Realty
  • Office Phone: (410) 525-5435
  • Listing Agent: Holly D Winfield

IDX Information Deemed Reliable But Not Guaranteed. 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 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 sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 11:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 18, 2009Home Sold
$250,000
Nov 18, 2009Home Sold
$145,000
Sep 22, 2004Home Sold
$253,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,552$196,000
2020$4,232$192,900
2019$4,211$192,900
2018$4,270$192,900
2017$4,360$195,400

History based on county public records data.

Payment Calculator

$3,107

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,892

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4512362
2
/10
  • Wolfe Street Academy

  • 245 S Wolfe St

  • 0.30 miles

  • Public Charter Grades PK-5

school-card-donut-4512363
5
/10
  • Federal Hill Preparatory School

  • 1040 William St

  • 1.05 miles

  • Public District Grades PK-5

school-card-donut-4512364
1
/10
  • William Paca Elementary School

  • 200 N Lakewood Ave

  • 1.05 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $13,212. Typical income of Baltimore, MD residents is less than $35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesMarylandBaltimore212311616 Eastern Ave

This home is located at 1616 Eastern Ave in Baltimore, MD and zip code 21231 in the Fell's Point neighborhood. This 1,945 square foot home was built in 1890. It has been listed on Rocket Homes since July 06, 2024 and is currently priced at $609,000.

In November 2024, from all listings sold in Baltimore, MD there were more than 197 sold above asking price, over 205 sold below and more than 151 were sold right at the asked price. The number of listings in Baltimore, MD increased by 4.6% between October 2024 and November 2024. Listings spent 36 days on the market in November 2024, and had a median list price of $225,730 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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