1537 S Rolling Road represents a rare opportunity to acquire a fully stabilized, meticulously restored four-unit multifamily asset in the heart of the Historic Relay District—one of Baltimore County’s most consistently strong rental submarkets. Originally constructed in 1890 and rebuilt and enhanced over several years by the current owner, an award-winning custom builder, the property showcases a blend of historic architectural character and durable modern improvements that distinguish it from typical multifamily inventory. Its long-term tenant stability, individually metered utilities, exceptionally low vacancy history, and prime location near major employment hubs and commuter routes make it an ideal investment for buyers seeking reliable cash flow with minimal management demands. The property offers an efficient and desirable unit mix consisting of two spacious two-bedroom units and two bright and well-appointed one-bedroom units, collectively measuring approximately ±3,198 square feet above grade, supplemented by a ±657 square-foot basement for storage or future expansion potential. Each unit has been thoughtfully updated with modern kitchens and bathrooms, custom cabinetry, restored hardwood flooring, tall 9.5-foot ceilings, and abundant natural light through oversized Pella Architect Series windows. Unit 2 boasts a private ±28-foot covered porch, exquisite original millwork, and walnut-inlaid oak flooring, while Unit 1 benefits from a flexible layout suitable for multiple tenant needs. The two upper-level units provide comfortable, functional one-bedroom living spaces that appeal to a wide renter demographic. In-place rents are strong and stable—$1,450, $1,350, $1,275, and $1,250 per month—producing a total annual gross income of $63,900. With annual operating expenses of roughly $12,601, the property delivers an attractive Net Operating Income near $51,298, supported by a documented history of 0% vacancy and long-term tenant retention. Individually metered gas and electric utilities further reduce operational complexity, while updated gas and water lines, modernized electrical panels, a reliable Columbia boiler, and an efficient water heating system support consistent, low-maintenance performance. Exterior and structural enhancements add significant value and reduce long-term capital expenditure needs. The building is clad in premium #1 Grade Western Red Cedar siding, known for its natural resistance to weather and decay, and topped with a CertainTeed Hatteras 40-year architectural roof installed in 2005 that remains under active manufacturer warranty. High-quality insulation throughout the walls, attic, and crawl space promotes energy efficiency and tenant comfort, contributing to low annual utility costs. The lower-level basement, equipped with a bathroom and wash tub, offers additional practical utility—ideal for owner storage, workshop use, or potential integration into future tenant amenities. The property’s location is a major competitive advantage. Situated in the Historic Relay & St. Denis area, the neighborhood is known for its 19th-century architecture, tree-lined streets, and quiet residential charm. At the same time, the property offers outstanding regional connectivity. Nearby major highways— I-95, I-195, and I-695—provide fast access to BWI Airport, UMBC, Downtown Baltimore, Columbia, and Washington, D.C. Two MARC stations (St. Denis and Halethorpe) are minutes away, offering high-frequency rail service for commuters traveling throughout Maryland and the D.C. metro region. This combination of historic character, suburban quiet, and exceptional interstate and rail connectivity makes the property highly desirable to long-term renters seeking convenience without sacrificing neighborhood quality. From an investment perspective, 1537 S Rolling Road delivers a compelling blend of stability, durability, and upside potential. The submarket continues to see strong rental demand, limited supply, and consistent absorption. With its proven performance, modern upgrades, long economic life, and desirable tenant profiles, the asset appeals to local and regional investors, 1031 exchange buyers, owner-occupants seeking strong supplemental income, and portfolio builders looking to add a low-maintenance, cash-flowing property in a historically resilient corridor. Properties of this age, character, and quality—especially those that have been fully restored and updated by a skilled builder—rarely come available within the Relay submarket, further enhancing its long-term value proposition. 1537 S Rolling Road stands out as a turnkey, high-performing multifamily investment offering immediate income, minimal deferred maintenance, and enduring appeal to a stable tenant base. Its exceptional blend of architectural charm, modern functionality, strong financials, and unbeatable commuter access positions it as one of the most attractive small-multifamily offerings currently available in Baltimore County.