5011 Roland Ave - Apartments FOR SALE


Baltimore, MD 21210- Wyndhurst
$1,500,000 USD
410-235-9500
5011 Roland Ave, Baltimore, MD for Sale
$1,500,000 USD
Apartments - FOR SALE
1/76
null | 7.35% Cap Rate

5011 Roland Ave
Baltimore, MD 21210
Wyndhurst


HIGHLIGHTS

  • Prime Roland Park Location: Prestigious, supply-constrained neighborhood with long-term stability.
  • Consistent Tenant Demand: Balanced renter/owner mix near Loyola University Maryland, Notre Dame of Maryland University, and Johns Hopkins University.
  • Attractive Risk Profile: 7.35% cap rate supported by low vacancy and steady demand.

OVERVIEW

Interiors: Set within Roland Park, one of Baltimore’s most prestigious neighborhoods and among the nation’s first planned suburbs, 5009-5011 Roland Avenue benefits from the legacy of Frederick Law Olmsted, the world-renowned landscape architect who designed Roland Avenue’s sweeping, tree-lined layout. 4 Two-Bedroom, One Bathroom Apartments 1 Two-Bedroom, Two Bathroom Apartment 2 One-Bedroom, One Bathroom Apartments 1 Studio Apartment Inside 5009, kitchens feature wood cabinetry, laminate countertops, and 30? electric ranges, with dishwashers in every unit; two include garbage disposals, and one offers a built-in microwave. Bathrooms have modern vanities and ceramic-tile tub or shower surrounds. Flooring is primarily hardwood in living spaces, with some carpet in bedrooms and ceramic tile in baths. Inside 5011, 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: 5009–5011 Roland Avenue operates efficiently with separately metered electric service for each apartment. Every unit has its own electric heat pump with central air conditioning. 5009 Roland Avenue has three separate gas-fired water heaters—one serving each apartment—on a single gas meter. 5011 Roland Avenue is a fully electric building with separate electric water heaters serving each apartment. 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 University Maryland, Notre Dame of Maryland University, and Johns Hopkins University create consistent, long-term tenant demand. Easy access to I-83 via Cold Spring Lane or Northern Parkway connects residents quickly to downtown Baltimore or north toward Baltimore County. This Roland Park 8-unit offers investors a fully stabilized asset in a location where multifamily housing is limited yet highly sought after. 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 neighborhood’s stability and low vacancy risk—well suited for investors seeking long-term appreciation and a reliable addition to their portfolio.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$631 USD /SF

# OF UNITS

8

PRICE/UNIT

$187,500

CAP RATE

7.35%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

R-3

APN/PARCEL ID

4924-006

ASK ABOUT THIS PROPERTY

Tom FairBen Frederick Realty, Inc.More Info
410-235-9500

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Tom FairBen Frederick Realty, Inc.More Info
410-235-9500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.