5009 Roland Avenue
Baltimore, MD, 21210 $ 1,500,000
Bedrooms-- Baths-- Sq 4,620 Monthly Estimate*
$ 9,236
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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FeaturesInteriorHeating Fuel Electric
Hot Water Natural Gas Electric
Heating Y/N Y
Central Air Y/N Y
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GeneralSewer 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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ExteriorWater 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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* Excluded FeaturesList ByBen Frederick Realty, Inc.Broker
will@benfrederick.comEmail
Affordability Calculator
- 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.
Learn more about how to save NearbyCommerical listings in Baltimore, MD
Average List Price $803,563
Percent of Sale Price 46%
About Baltimore, MD 611,326 Population
-6% Since 2002
$ 46,538 Median Income
36.71 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/22/2026 | $1,500,000 | | Listed Price |