5011 Roland Ave - Apartments FOR SALE


Baltimore, MD 21210- Wyndhurst
$900,000 USD
410-235-9500
5011 Roland Ave, Baltimore, MD for Sale
$900,000 USD
Apartments - FOR SALE
1/53
null | 7.47% Cap Rate

5011 Roland Ave
Baltimore, MD 21210
Wyndhurst


HIGHLIGHTS

  • Prime Roland Park (Olmsted-designed): Premium rents; long-term tenants.
  • Tenant-paid, separately metered utilities: Lower expenses; simpler management.
  • Updated five-unit: Modern kitchens/baths, in-unit laundry; strong occupancy.
  • 7.47% cap rate: Reliable income in a supply-constrained submarket.

OVERVIEW

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. Investment Summary: $900,000 $180,000 Per Unit $378 Per Sq. Ft. 8.8 Times Market Rents (GRM) 7.47% Cap Rate 4.6% Projected Cash-on-Cash Return

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$132 USD /SF

# OF UNITS

5

PRICE/UNIT

$180,000

CAP RATE

7.47%

% LEASED

80%

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.