$900,000

5011 ROLAND AVE, Baltimore, MD 21210

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 21 days ago

Property Description

● Prime Roland Park Location: Designed by Frederick Law Olmsted, this historic, tree-lined community consistently commands premium rents and attracts long-term, high-quality tenants. ● Tenant-Paid, Separately Metered Utilities: Individual electric systems give residents control over their comfort while lowering landlord expenses and simplifying management. ● Updated, Stabilized Five-Unit Building: Renovated kitchens, modern baths and in-unit laundry drive strong demand and support consistent occupancy. ●7.47% Cap Rate | Stable Roland Park Investment: Reliable income performance in one of Baltimore’s most supply-constrained multifamily submarkets. Interiors: Set within Roland Park, one of Baltimore’s most prestigious neighborhoods and among the nation’s first planned suburbs, 5011 Roland Avenue benefits from the legacy of Frederick Law Olmsted, the world-renowned landscape architect who designed Roland Avenue’s sweeping, tree-lined layout. Inside, the property features four two-bedroom apartments and one studio, each offering a clean, modern aesthetic. Kitchens include granite countertops, wood shaker cabinets, and full appliance packages—30″ electric ranges, dishwashers, built-in microwaves, and disposals. Bathrooms are updated with ceramic-tile surrounds and contemporary vanities. Units feature a mix of hardwood flooring, carpeted bedrooms, and tile baths, with in-unit washers and dryers and vinyl replacement windows throughout. Utilities: An all-electric building, 5011 Roland Avenue operates efficiently with separately metered service for each apartment. Every unit has its own electric heat pump with central air conditioning and individual electric water heater. These separate systems allow tenants to control their own environments and pay directly for their usage, minimizing landlord expenses and simplifying management. What’s Special: Roland Park is one of Baltimore’s most prestigious neighborhoods—and one of the nation’s first planned suburbs. Comprised of roughly equal parts renters and homeowners, its top-rated public schools, nearby private academies, and proximity to Loyola, Notre Dame, and Johns Hopkins Universities create consistent tenant demand. Easy access to I-83 via Cold Spring Lane or Northern Parkway connects residents quickly to downtown or north toward Baltimore County. 5011 Roland Avenue offers investors a fully stabilized five-unit property in a location where multifamily housing is limited but highly sought after. With modern interiors, tenant-paid utilities, and a proven rent roll, this asset delivers steady income and low turnover. The 7.32% cap rate reflects the neighborhood’s stability and low vacancy risk—ideal for an investor seeking long-term appreciation and a reliable addition to their portfolio.

Listing Status:
Active
Listing Office:
Ben Frederick Realty, Inc. : 4102359500
Listing Agent:
Will A Cannon III : 4109163331
MLS ID:
MDBA2193526
  • A/C: Central A/C
  • Heating: Heat Pump(s)Electric
  • Disability Feature: None
  • Roofing: Rubber
  • General: Frame
  • Originating MLS: BRIGHT_MAIN
  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • County: BALTIMORE CITY-MD
  • Zoning: R-30327144924 006
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN
  • Exclusions: Tenant's possessions excluded.

This listing courtesy of Will A Cannon III, Ben Frederick Realty, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Roland Park Elementary/Middle School

5207 Roland Ave, Baltimore, MD, 21210

Grades PK-8

0.26 miles away

R

Roland Park Elementary/Middle School

5207 Roland Ave, Baltimore, MD, 21210

Grades PK-8

0.26 miles away

W

Western High School

4600 Falls Rd, Baltimore, MD, 21209

Grades 9-12

0.66 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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