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3418 Eastern Ave, Baltimore, MD, 21224

2beds
--baths
1,862sqft
$450,000
$242price/sqft
$3,286/moest. monthly cost
$131,440/yrincome needed

About This Home

Fantastic opportunity to own a high-visability restaurant/storefront/multi- unit with residential upstairs in a great location in Highlandtown. Property is currently completely vacant and easy to show. Upstairs residential was renting for $1,500 and the restaurant was renting for $3,500. Fully equipped with a huge commercial kitchen, 2 restrooms on main level. Upstairs apartment has spacious bedroom and living area with 1 full bathroom. 2 car parking in the rear. *Ground rent owner unknown - $30 on the 27th of March and September. Sub lease of $2 due 9/27 - seller will not redeem.

Getting Around

98
WalkingWalker's Paradise
71
TransitExcellent Transit
80
BikeVery Bikeable

Schools

3/10
1/10
1/10
Patterson High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Brick/Mortar
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 2

Heating & Cooling

  • Heating features: Other,Central
  • Cooling features: Central Air,Natural Gas

Interior Area

  • Total structure area: 1,862
  • Total interior livable area: 1,862 sqft

Property

Accessibility

  • Accessibility features: Other

Details

  • Parcel number: 0326106314 013
  • Zoning: C-2
  • Special condition: Standard

Features

  • Pool features: None
  • Exterior features: Sidewalks

Lot

  • Lot size: 2,272 sqft

Parking

  • Total spaces: 2
  • Parking features: Driveway
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Cold Wave
Winter Weather

FEMA Declared Disasters Across Maryland Counties

Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,275$27,300
Home Insurance *$217$2,604
Property Taxes $513$6,156
Electricity $281$3,374
Total$3,286$39,432
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$112,662/yr
40% on housing$98,580/yr
45% on housing$87,626/yr

Maryland FAIR Plan Programs

Maryland Joint Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 678Commercial: 44
Total Premiums$854,000
Total Exposure$326.56M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.2%
10.2%
0%30.0%
Electricity Growth Rate10-year average: 8.1%
8.1%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$242This listing

vs Other Active Listings

Avg $/sqft

ZIP 21224$124
Baltimore City$102

vs Homes Sold Last Month

Median $/sqft

ZIP 21224$201
Baltimore City$168

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-28Price change$450,000
2026-01-02Listed for sale$500,000

For Sale by Agent

AgentLiz Ancel
BrokerageCummings & Co. Realtors

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