Live in Roland Park! Own a three-unit 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 of the apartments for only $390 per month toward PITI—or with 3.5% down, for approximately $1,310 per month, often less than local rent. (Contact us for details!) 5009 Roland Avenue is close to Roland Park Elementary/Middle, Loyola University Maryland, Johns Hopkins University, and Notre Dame of Maryland University, providing a convenient location surrounded by parks, cafés, and neighborhood amenities. Each apartment offers its own layout: one 1-bedroom, 1-bath; one 2-bedroom, 1-bath; and one 2-bedroom, 2-bath. Updated kitchens feature wood cabinetry, laminate counters, and modern appliances. All units include in-unit laundry, hardwood floors, and central air. For investors, the property performs well with a 7.72% cap rate and 6.8% projected cash-on-cash return, supported by tenant-paid electric and water/sewer, modern systems, and strong rental demand in Roland Park’s high-reputation market.
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Zillow last checked:
Listing updated:
Listed by:
Will Cannon410-916-3331,
Ben Frederick Realty, Inc.4102359500
Source: Bright MLS,MLS#: MDBA2193324
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Basement
Area: 793
Heating
Heat Pump, Electric
Cooling
Central Air, Electric
Appliances
Included: Gas Water Heater
Features
Basement: Unfinished
Has fireplace: No
Interior area
Total structure area: 3,035
Total interior livable area: 2,242 sqft
Property
Parking
Total spaces: 3
Parking features: Off Street
Accessibility
Accessibility features: None
Features
Pool features: None
Lot
Size: 8,000 Square Feet
Dimensions: 50' x 160'
Details
Additional structures: Above Grade, Below Grade
Parcel number: 0327144924 005
Zoning: R-3
Zoning description: Licensed for 3 Dwelling Units.
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Triplex
Materials
Frame
Foundation: Stone
Roof: Pitched,Rubber
Condition
New construction: No
Year built: 1900
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Subdivision: Roland Park
Location
Region: Baltimore
Municipality: Baltimore City
Financial & listing details
Price per square foot: $243/sqft
Tax assessed value: $337,667
Annual tax amount: $7,969
Date on market: 11/25/2025
Listing agreement: Exclusive Right To Sell
Inclusions: 3 Electric Ranges, 3 Refrigerators, 2 Garbage Disposals, 1 Built-in Microwave, 3 Stacked Washers And Dryers.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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