0.28 Acres Lot
0.28 Acres Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Roland Park
MLS Listing ID MDBA2198934
Year Built 1900
Annual Tax Amount $7,969
Tax Year 2025
Lot Size 0.275 Acres
Acres 0.28
Lot Dimensions 75'x160'
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
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 heaters—one per apartment—on 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 Baltimore's 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.
Location
State MD
County Baltimore City
Zoning R-3
Interior
Hot Water Natural Gas, Electric
Heating Heat Pump(s)
Cooling Central A/C
Inclusions 9 refrigerators; 9 ranges; washers and dryers
Heat Source Electric
Exterior
Garage Spaces 5.0
Water Access N
Roof Type Pitched,Rubber
Accessibility None
Total Parking Spaces 5
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0327144924 005
Ownership Fee Simple
Special Listing Condition Standard
Nearby Locations
- 9
Rodgers Forge Elementary School
Public | KG - 5
- 9
Stoneleigh Elementary School
Public | KG - 5
- 8
Roland Park Elementary/Middle School
Public | PK - 8
- 6
The Mount Washington School
Public | KG - 8
- 6
Hampden Elementary/Middle School
Public | PK - 8
- 6
Tunbridge Public Charter School
Public | PK - 6
- 5
Hilton Elementary School
Public | PK - 5
- 5
Medfield Heights Elementary School
Public | PK - 5
- 5
Mount Royal Elementary/Middle School
Public | KG - 8
- 5
Cecil Elementary School
Public | PK - 5
- 4
Gwynns Falls Elementary School
Public | PK - 5
- 4
KIPP (Knowledge Is Power Program) Harmony
Public | KG - 4
- 4
John Eager Howard Elementary School
Public | PK - 5
- 4
Midtown Academy
Public | KG - 8
- 4
Northwood Appold Community Academy
Public | KG - 5
- 4
Leith Walk Elementary/Middle School
Public | PK - 8
- 4
Northwood Elementary School
Public | PK - 5
- 2
Dr. Nathan A. Pitts-Ashburton Elementary/Middle School
Public | PK - 8
- 2
Margaret Brent Elementary/Middle School
Public | PK - 8
- 2
Waverly Elementary/Middle School
Public | PK - 8
- 7
Dumbarton Middle School
Public | 6 - 8
- 3
Stadium School
Public | 6 - 8
- 2
Bluford Drew Jemison STEM Academy West
Public | 6 - 12
- 2
Maryland Academy of Technology and Health Sciences
Public | 6 - 12
- 1
ConneXions: A Community Based Arts School
Public | 6 - 12
- 1
Academy for College and Career Exploration
Public | 6 - 12
- 1
Baltimore I.T. Academy
Public | 6 - 8
- 0
Baltimore Torah School
Private | 8 - 12
- 0
Baltimore Civitas
Public | 6 - 12
- 0
Mother Seton Academy
Private | 6 - 8
- 0
Woodbourne School at Conrad
Private | 7 - 12
- 8
Baltimore Polytechnic Institute
Public | 9 - 12
- 8
Townson High School
Public | 9 - 12
- 6
Western High School
Public | 9 - 12
- 6
Baltimore City College
Public | 9 - 12
- 3
Coppin Academy
Public | 9 - 12
- 1
Frederick Douglass High School
Public | 9 - 12
- 1
Independence School Local I
Public | 9 - 12
- 1
Mergenthaler Vocational-Technical High School
Public | 9 - 12
- 0
Bais Hamedrash & Mesivta of Baltimore
Private | 9 - 12
- 0
Baltimore Liberation Diploma Plus High School
Public | 9 - 12
- 0
Baltimore Youth Initiative High School
Private | 9 - 12
- 0
The Community School
Private | 9 - 12
- 0
Achievement Academy @ Harbor City High School
Public | 9 - 12
- 0
Baltimore Antioch Diploma Plus High School
Public | 9 - 12
- 0
Mercy High School
Private | 9 - 12
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Partner | Lic# AB057316L