1748 Eastern Ave Baltimore, MD 21231
Upper Fells Point NeighborhoodEstimated payment $3,040/month
Highlights
- 0.08 Acre Lot
- More Than Two Accessible Exits
- Hot Water Heating System
- Traditional Architecture
About This Home
*GUIDED TOUR* WEDNESDAY JULY 15, 2026
-BEGINNING PROMPTLY AT 1:00 PM-
List price is opening bid at Online Auction. Bidding begins Saturday, July 15th and ends Monday, July 20, 2026 at 11:00 AM. Prime Investment Opportunity in Upper Fells Point 5 Residential Units | 2 Commercial Units | $9,654/month Gross Potential Monthly Rent (Based on Full Occupancy) Held by the same family for over 70 years, this exceptional 3-story mixed-use building spans nearly 8,000 sq. ft. of above-grade space. Sitting on a prominent 3,300 sq. ft. corner lot, the property boasts visibility with frontage on Eastern Ave., S. Ann St., and Portugal St. (rear alley access). The Value-Add Play: While currently generating robust income, a strategic renovation of the residential units offers massive upside to aggressively push rents and maximize your yield.
Property Highlights
• Prime Corner Location: High-visibility footprint with excellent exposure on Eastern Ave. and Ann St.
• Turnkey Utilities: Tenants pay their own way—separate gas and electric meters for all units. Landlord pays for hot and cold water.
• Flexible Zoning: Zoned C-1 (Neighborhood Commercial), perfectly suited for this high-demand corridor.
• Generous Footprint: Lot size is 30’ x 110’ (approx. 3,300 SF / 0.075 acre).
Rent Roll & Unit Breakdown
Unit A: 2-BR, 1-Bath Duplex, Vacant (Market Ready) $1,500/mo. (Projected)
Unit B: 2-BR, 1-Bath, Occupied (Long-Term Tenant) $1,000/mo.
Unit C: 1-BR, 1-Bath, Vacant (Market Ready) $1,350/mo. (Projected)
Unit D: 2-BR, 1-Bath, Leased $850/mo.
Unit E: 2-BR, 1-Bath, Occupied (Long-Term Tenant) $1,100/mo.
Commercial 1: Convenience Store, Occupied $2,209/mo.
Commercial 2: Nail Salon, Occupied $1,645/mo. Tenant pays for water. TOTAL: 7 Units, Total Full Occupancy Potential $9,654 /month The Neighborhood: Upper Fells Point From LiveBaltimore website: "Nestled perfectly between historic Fells Point to the south and Butcher's Hill to the north, Upper Fells Point is one of East Baltimore's most vibrant and resilient rental markets. Characterized by historic mid-1800s architecture, residents flock to this neighborhood for its rich cultural diversity, local ethnic restaurants, eclectic shops, and cozy neighborhood hangouts—all while being just steps away from the waterfront hustle and bustle of Fells Point." Don't miss out on a real estate opportunity with immediate cash flow and proven upside. The information contained herein was obtained from sources deemed to be reliable, but is offered for informational purposes only. Neither the auctioneer or the owner make any representations or warranties with respect to the accuracy of information.
Listing Agent
(410) 828-4838 paul@alexcooper.com Alex Cooper Auctioneers, Inc. Brokerage Phone: 4108284838 Listed on: 06/30/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,260
Year Built
- Built in 1920
Parking
- On-Street Parking
Home Design
- 7,920 Sq Ft Home
- Traditional Architecture
Additional Features
- More Than Two Accessible Exits
- 3,300 Sq Ft Lot
- Hot Water Heating System
Community Details
- 3-Story Building
Listing and Financial Details
- Tax Lot 013
- Assessor Parcel Number 0302041771 013
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,240 | $180,500 | -- | -- |
| 2024 | $4,230 | $180,100 | -- | -- |
| 2023 | $4,221 | $179,700 | $99,000 | $80,700 |
| 2022 | $4,120 | $174,567 | $0 | $0 |
| 2021 | $3,999 | $169,433 | $0 | $0 |
| 2020 | $3,877 | $164,300 | $99,000 | $65,300 |
| 2019 | $3,838 | $163,400 | $0 | $0 |
| 2018 | $3,835 | $162,500 | $0 | $0 |
| 2017 | $3,814 | $161,600 | $0 | $0 |
| 2016 | $6,459 | $150,067 | $0 | $0 |
| 2015 | $6,459 | $138,533 | $0 | $0 |
| 2014 | $6,459 | $127,000 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/30/2026 06/30/26 | For Sale | $500,000 | -- | $63 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $700,000 | New Conventional |
Source: Bright MLS
MLS Number: MDBA2221630
APN: 1771-013
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Ask me questions while you tour the home.