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5011 Roland Ave 5 Unit Apartment Building $1,256,328 CAD ($251,266 CAD/Unit) 7.47% Cap Rate Baltimore, MD 21210

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INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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

ATTACHMENTS

Roland5011

PROPERTY FACTS

Price $1,256,328 CAD
Price Per Unit $251,266 CAD
Sale Type Investment
Cap Rate 7.47%
Gross Rent Multiplier 8.8
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.28 AC
Building Size 2,378 SF
Average Occupancy 80%
No. Stories 3
Year Built 1900
Parking Ratio 2.1/1,000 SF
Zoning R-3 - Licensed for 5 Dwelling Units

AMENITIES

UNIT AMENITIES

  • Balcony
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Tile Floors
  • Granite Countertops
  • Hardwood Floors
  • Porch

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 1 - 943
2+1 4 - 964
  • Listing ID: 38505990

  • Date on Market: 2025-11-19

  • Last Updated:

  • Address: 5011 Roland Ave, Baltimore, MD 21210

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