5009 Roland Avenue Baltimore, MD $ 1,500,000
5009 Roland Avenue
$ 1,500,000
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5009 Roland Avenue

Baltimore, MD, 21210
$ 1,500,000
Bedrooms-- Baths-- Sq 4,620

Monthly Estimate*

$ 9,236

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Commercial Property for sale in Baltimore, MD

for $1,500,000. This 4,620 square foot building was built in 1900 on a lot size of 0.28.

Set within Roland Park, one of Baltimores most prestigious neighborhoods and among the nations first planned suburbs, 50095011 Roland Avenue is positioned along a sweeping, tree-lined corridor shaped by the legacy of Frederick Law Olmsted. The combined property comprises eight apartments, including four two-bedroom, one-bath units; one two-bedroom, two-bath unit; two one-bedroom, one-bath units; and one studio apartment. This well-balanced unit mix supports broad tenant appeal and consistent leasing. Residences at 5009 Roland Avenue feature bright, functional kitchens with wood cabinetry, laminate countertops, and 30" electric ranges, with dishwashers in every unit. Select apartments include garbage disposals and a built-in microwave. Bathrooms are finished with modern vanities and ceramic-tile tub or shower surrounds. Living areas are primarily hardwood, complemented by carpeted bedrooms and ceramic tile baths. At 5011 Roland Avenue, interiors are upgraded with granite countertops, wood shaker cabinetry, and full appliance packages that include dishwashers, built-in microwaves, and disposals. Bathrooms offer ceramic-tile surrounds and contemporary vanities, while units feature a mix of hardwood flooring, carpeted bedrooms, and tile baths. In-unit washers and dryers and vinyl replacement windows are installed throughout. The property operates efficiently with separately metered electric service for each apartment, and every unit is equipped with an electric heat pump and central air conditioning. 5009 Roland Avenue is served by three separate gas-fired water heatersone per apartmenton a single gas meter, while 5011 Roland Avenue is a fully electric building with individual electric water heaters serving each unit. Roland Park is widely regarded as one of Baltimores most desirable residential neighborhoods, offering architectural character, top-rated public schools, nearby private academies, and close proximity to Loyola University Maryland, Notre Dame of Maryland University, and Johns Hopkins University. Roland Park Elementary/Middle School is just a 3.5-block walk from the property, adding everyday convenience for residents. This fully stabilized Roland Park 8-unit offers a rare opportunity to acquire multifamily housing in a location where inventory is limited and demand remains strong. With modern interiors, tenant-paid utilities, and a proven rent roll, the property delivers steady income and historically low turnover. The 7.35% cap rate reflects the stability of the neighborhood and the strength of the underlying rental market, making this an attractive option for investors seeking dependable cash flow and long-term appreciation.

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Commercial Active

Price

$ 1,500,000

Property Type

Commercial

Taxes

$ 7,969

Style

Apartment Building

Lot Size

0.28

Year Built

1900

Town/City

Baltimore

County/Region

Baltimore City

MLS | Web ID

MDBA2198934

Features
Interior
Heating Fuel Electric
Hot Water Natural Gas Electric
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Possession Settlement Subject to Existing Lease
Roof Pitched Rubber
Zoning R-3
Construction Materials Frame
Exclusions Tenant's possessions excluded.
Year Built 1900
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality Baltimore City
Business Type Apartment Building
Accessibility None
County BALTIMORE CITY
New Construction N
Property Type Commercial Sale
Subdivision Name ROLAND PARK
Water Access Y/N N
Status ACTIVE
Directions GPS
City BALTIMORE
Disclosures Lead Based Paint - State Prop Disclaimer
Number Of Units Total 8
Lot Size Units Square Feet
Lot Size Square Feet 12000.00
Tax Annual Amount 7969.0
Electric Expense 444.00
Price Per Sq Ft Total AG 324.68
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision Ward 27
Tax Lot 005
Total Actual Rent 135897.00
Cap Rate 7.35
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Exterior
Water Source Public
Inclusions 9 refrigerators; 9 ranges; washers and dryers
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 4620.00
Lot Dimensions 75'x160'
Lot Size Acres 0.28
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 140000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 5009
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* Excluded Features
List By
Ben Frederick Realty, Inc.

Broker

will@benfrederick.com

Email

Affordability Calculator

$9,900
Per Month
93%
7%
0%
Monthly Principal & Interest
$9,236
Monthly Property Taxes
$664
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/22/2026$1,500,000 Listed Price

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5009 Roland Avenue, Baltimore, MD, 21210 is a Commercial Property for sale at $1,500,000 with 4,620 sqft and a lot size of 0.28. 5009 Roland Avenue was built in 1900. The property's zip code is 21210 which is in Baltimore, MD