Federal-Style Property with Income Potential in Baltimore City! Welcome to 1501 E Baltimore Street, currently configured and operated as two separate living units with private entrances-offering flexibility for an investor, owner-occupant, or multi-generational household. Unit 1, located on the upper level, features five rooms and two full bathrooms and is currently rented by the room. Three rooms are tenant-occupied, while two rooms are currently available following recent tenant departures. Unit 2, (occupied) located on the lower level, offers two bedrooms and one full bathroom. Each unit includes a private kitchen and its own in-unit washer and dryer, providing convenience and privacy for occupants. The property is currently occupied and generating approximately $3,600 per month in collected rental income, presenting an attractive opportunity for buyers seeking an income-producing property in Baltimore City. More than $30,000 in upgrades have been completed since October 2023, including new flooring, a new kitchen, a new microwave, and a renovated full bathroom in Unit 1; an updated hallway bathroom and a new dishwasher in Unit 2; and a new washing machine. Property is being sold in its current condition and configuration. Buyer to independently verify zoning, bedroom and room counts, square footage, rental income, occupancy, and all applicable rental and licensing requirements with the appropriate Baltimore City agencies.

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Listed by Marizel C Brewington of JPAR Real Estate Professionals

Copyright 2026 BRIGHT, All Rights Reserved.  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 Aaron Oelrich 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.Data last updated September 15, 2026. 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.

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