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$900,000
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Property Description
â— Prime Roland Park Location: Designed by Frederick Law Olmsted, this historic, tree-lined community consistently commands premium rents and attracts long-term, high-quality tenants. â— Tenant-Paid, Separately Metered Utilities: Individual electric systems give residents control over their comfort while lowering landlord expenses and simplifying management. â— Updated, Stabilized Five-Unit Building: Renovated kitchens, modern baths and in-unit laundry drive strong demand and support consistent occupancy. â—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"³ 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.
Full Property Details
Full Property Details for 5011 Roland Ave
General
- Price: $900,000
- Taxes: $8,028 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSMidAtlantic
- MLS ID: MDBA2193526
- Updated: 12/17/2025
- Added to Site: 49 day(s) ago
Business
- Business Type: Apartment Building
Parking
- Total Spaces: 3
- Parking Type: Parking Lot
Location
- Municipality: Baltimore City
- County: BALTIMORE CITY
- Subdivision: ROLAND PARK
- Driving Directions: GPS
- City Limits: Yes
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s)
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Frame
- Roof: Rubber
- Building Size: 3279
- Year Built: 1900
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 4,000
- Lot Size Source: Estimated
- Lot Dimensions: 25' x 160'
- Zoning: R-3
Financial Considerations
- Price Per Sq. Ft.: $274.47
- Assessment Year: 2025
- City/TownTax: $7,647
- City/TownTax Freq: Annually
- County Tax: $381
- County Tax Freq: Annually
- Tax w/Assessment: $340,167
- Tax Amount: $8,028
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenant's possessions excluded.
- Inclusions: 5 electric ranges, 5 dishwashers, 5 microwaves, 5 stacked washers and dryers
- Lot Number: 6
Listed by Ben Frederick Realty, Inc., Will A Cannon III
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Schools
Schools serving 5011 Roland Ave
School District:Baltimore City Public Schools
| Name | Grades | Distance |
|---|---|---|
Roland Park Elementary/Middle School 5207 Roland Avenue, Baltimore, MD 21210 | PK-8 | 0.3 mi |
Stadium School 1400 Exeter Hall Avenue, Baltimore, MD 21218 | 6-8 | 2.8 mi |
Booker T. Washington Middle School 1301 McCulloh Street, Baltimore, MD 21217 | 6-8 | 3.5 mi |
Frederick Douglass High School, Baltimore, MD 2301 Gwynns Falls Parkway, Baltimore, MD 21217 | 9-12 | 2.9 mi |
Forest Park High School, Baltimore, MD 3701 Eldorado Avenue, Baltimore, MD 21207 | 9-12 | 3.3 mi |
Reginald F. Lewis High School 6401 Pioneer Drive, Baltimore, MD 21214 | 9-12 | 3.4 mi |
Augusta Fells Savage Institute Of Visual Arts 1500 Harlem Avenue, Baltimore, MD 21217 | 9-12 | 3.9 mi |
Paul Laurence Dunbar High School 1400 Orleans Street, Baltimore, MD 21231 | 9-12 | 4.4 mi |
Vivien T. Thomas Medical Arts Academy 100 North Calhoun Street, Baltimore, MD 21223 | 9-12 | 4.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5011 Roland Ave
Date
Details
Price
Change
Source
11/28/2025
Listed
$900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5011 Roland Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,571
—
$340,167
4%
2023
$7,571
—
$326,400
2%
2023
$7,571
2%
$320,800
2%
2022
$7,439
2%
$315,200
2%
2021
$7,307
1%
$309,600
1%
2021
$7,237
1%
$306,667
1%
2020
$7,134
—
$303,733
1%
2019
$7,099
—
$300,800
—
2018
$7,099
—
$300,800
—
2017
$7,099
—
$300,800
—
2016
$7,065
—
$300,800
—
2015
$7,099
-6%
$300,800
-5%
2013
$7,535
—
$316,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5011 Roland Ave
5011 Roland Avenue, Baltimore, MD 21210 (MLS# MDBA2193526) is a Apartment property. 5011 Roland Avenue is currently listed for $900,000 and was received on November 28, 2025. Want to learn more about 5011 Roland Avenue? Do you have questions about finding other Apartment real estate for sale in Baltimore? You can browse all Baltimore real estate or contact a Coldwell Banker agent to request more information.

