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Historic Apartment Mansion
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4803 Roland Ave, Baltimore, MD 21210

Fully leased 6-unit building with historic character, hardwood floors, and a wrap-around deck over a landscaped yard.

Property SizeContact for details
Days on Market122

Property Features for 4803 Roland Ave

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Ben Frederick Realty
Listed By: Will Cannon · License #MD
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 1:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ben Frederick Realty

Investment Insights

Based on property information with market context.

Converted 1900s Roland Park mansion now operating as a fully leased 6-unit apartment building. Units feature 10-foot ceilings, hardwood floors, and spacious floorplans, with some apartments offering built-in bookshelves, decorative mantles over fireplaces, and crown molding. The top floor includes a larger layout with up to 15-foot ceilings and an open-concept living, kitchen, and dining area. Kitchens include tile backsplashes, with several farmhouse porcelain sinks, and most units were updated in 2019 with stainless steel appliances, modern wood cabinetry, and granite countertops. Bathrooms retain original cast iron tubs (some claw foot) with ceramic tile tub surrounds and ceramic tile flooring. A 2011 Weil-McLain gas-fired steam boiler with supplemental radiant heat serves the building, and original operable wood-frame windows are throughout. Slate roof and stucco exterior construction complete the property.

The rear lot provides parking for 7 cars and includes two 1-car garages. A 1,500-square-foot wrap-around deck overlooks a landscaped half-acre yard. Electric service was upgraded to 600 amps, with most interior water supply lines being copper and drain lines replaced with PVC. Four apartments have in-unit washer and dryers, and two units share basement laundry. Three apartments have separate gas and electric meters, while the remaining units are tied to the public gas service meter and heating/cooking is included in the rent. The owner pays for internet service, water, and sewer.

The building is comprised of one 4-bedroom, 2-bath unit, two 2-bedroom, 2-bath units, two 1-bedroom, 1-bath units, and one studio, each with slightly different designs while maintaining the mansion’s historic quality and craftsmanship.

Key Highlights

  • 6‑unit multifamily in a 7,000 SF historic Roland Park mansion; fully leased with average rents over $2,100/month
  • 1,500 SF wrap‑around deck overlooks a 1/2‑acre landscaped yard
  • Unit mix: one 4BR/2BA, two 2BR/2BA, two 1BR/1BA, and one studio; top floor has up to 15' ceilings

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Electrical Service Hair Salon (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

950
Businesses Nearby

Demographics for 21210, MD

14,441
Population
5,416
Households
2.7
Avg Household Size
32
Median Age
83%
College-Educated
98%
High-School Grad
3.4 sq mi
ZIP Area
4,247
Density / Sq Mi
$108,929
Median Household Income
$43,474
Median Earnings
$1,498
Median Rent
$521,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully leased 6-unit building with historic character, hardwood floors, and a wrap-around deck over a landscaped yard.
Where is this apartment building located?
The property is located at 4803 Roland Ave Baltimore, MD.
What are key features of this property?
This property features: 6‑unit multifamily in a 7,000 SF historic Roland Park mansion; fully leased with average rents over $2,100/month; 1,500 SF wrap‑around deck overlooks a 1/2‑acre landscaped yard; Unit mix: one 4BR/2BA, two 2BR/2BA, two 1BR/1BA, and one studio; top floor has up to 15' ceilings
(410) 235-9500 Call to check price and availability
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