5011 ROLAND AVE Baltimore, MD 21210
4,000 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Roland Park
MLS Listing ID MDBA2193526
Year Built 1900
Annual Tax Amount $8,028
Tax Year 2025
Lot Size 4,000 Sqft
Acres 0.09
Lot Dimensions 25' x 160'
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
● 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.
Location
State MD
County Baltimore City
Zoning R-3
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Inclusions 5 electric ranges, 5 dishwashers, 5 microwaves, 5 stacked washers and dryers
Heat Source Electric
Exterior
Garage Spaces 3.0
Water Access N
Roof Type Rubber
Accessibility None
Total Parking Spaces 3
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0327144924 006
Ownership Fee Simple
Special Listing Condition Standard
