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5009 Roland Ave, Baltimore, MD 21210

$535,000
•
  • —

    bed

  • —

    bath

  • 2,242

    Sqft ($239/Sqft)

Multi-family for sale 350 days
$10K price drop

About 5009 Roland Ave

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 8,000 Sqft
Movoto estimate
Rental estimate
Property description
Live in Roland Park! Own a three-unit apartment building in one of Baltimore’s most desirable neighborhoods and offset your housing costs with rental income. With 20% down, an owner-occupant could live in one apartment for $286 per month toward PITI. Or, with just 3.5% down, $1,247 per month, potentially less than local rent. Contact us for financing details. Roland Park is one of Baltimore’s most distinctive neighborhoods, celebrated as one of America's first planned garden suburbs. Its tree-lined streets, historic architecture, landscaped grounds, and enduring residential appeal have made it a sought-after address for generations. Everyday conveniences are close at hand, including Eddie’s of Roland Park, Starbucks, the Roland Park Library, and neighborhood shops and restaurants. Outdoor recreation awaits along the wooded trails of Stony Run, while nearby Roland Park Elementary/Middle School, Loyola University Maryland, Johns Hopkins University, and Notre Dame of Maryland University add to the neighborhood’s appeal. It’s a rare combination of residential charm, urban convenience, and proximity to major educational institutions. 5009 Roland Avenue contains one 1-bedroom, 1-bath apartment; one 2-bedroom, 1-bath apartment; and one 2-bedroom, 2-bath apartment. Updated kitchens feature wood cabinetry, laminate countertops, and modern appliances. All apartments include in-unit laundry, hardwood floors, and central air conditioning. For investors, the property offers an 8.57% cap rate and 8.1% projected cash-on-cash return, supported by tenant-paid electric and water/sewer, updated systems, and consistent rental demand in Roland Park.
Listed by
Listing Agent - Will A Cannon III
Listing Office - Ben Frederick Realty, Inc.
Source: Bright MLS mls logo
MLS#MDBA2193324 • last updated 1 month ago
Movoto checked Bright MLS for data 7 minutes ago
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Overview
Cooling/AC Central A/C, Electric
Heating Electric
Levels/Style Converted Dwelling
Type Multi-Family
SubType Triplex
Status Active
SqFt 3035
Lot Size (SqFt) 8000
Lot Size (Acres) 0.18
County Tax 378, Annually
City/ Town Tax 7591
Tax: Assessed Value 337667
Annual Property Tax 7969
Year Built 1900
Municipality Baltimore City
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Basement Unfinished
Accessibility Features None
Exterior
Roof Pitched, Rubber
Construction Frame
Foundation Stone
# Parking Spaces 3
# Off-Street Spaces 3
Parking Desc Off Street
Existing Structures Above Grade, Below Grade
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool No Pool
Location
Subdivision ROLAND PARK
Water Source Public
School District BALTIMORE CITY PUBLIC SCHOOLS
Directions GPS
Zoning R-3, Licensed For 3 Dwelling Units.
Multifamily Details
# 1-Bedroom Units 1
# 2-Bedroom Units 2
Cap Rate 8.57
Gross Scheduled Income 65659
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Source: GreatSchools.org © 2026. All rights reserved.

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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Movoto participates, and is provided by BRIGHT through a licensing agreement.The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 11/11/2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closedor are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHTMLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually solddue to reporting errors.
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