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Two-Bedroom Residential Income Property
New
For Sale
$675,000

5 PARK PL #202, Annapolis, MD 21401

ANNAPOLIS, MD

Property SizeContact for details
Days on Market5

Property Features for 5 PARK PL #202

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2
Subdivision PARK PLACE
Elementary school district ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
Middle school district ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
High school district ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
Standard status Active

Amenities

outdoor pool
fitness center
party room
outdoor grills
patio
dog park
24-hour security

Building Details

Year built 2007
Listing Agency: Annapolis Fine Homes
Listed By: Elizabeth A Heinsohn
Added: Oct 7 Changed: Oct 8 Last Checked: Oct 11 at 11:06PM
MLS# MDAA2158668

Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-bedroom, two-bathroom condo includes upgraded appliances and an electric fireplace. The unit faces a courtyard fountain, and deeded parking is provided in the underground garage. The building was completed in 2007 and has 24-hour security.

Community facilities include an outdoor pool, fitness center, party room, outdoor grills, patio, and dog park. Restaurants and shopping are within walking distance, with downtown activities nearby.

Key Highlights

  • Two bedrooms and two full bathrooms
  • Deeded parking in the underground garage
  • 24‑hour security

Property Analytics

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Current Use

The Residence at Park Place ... Condominium Complex Douglas Commercial LLC Real Estate Agency Crofton Auction Services Trade Show Venue Park Place Condominium Complex B&O bike trails Bicycle Rack

Suggested Use

Top Pick Food Market (Bike/Boat/Book/etc) Store Locksmith Barber Shop Florist Grocery & Convenience Store

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

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,637
Businesses Nearby

Demographics for 21401, MD

39,308
Population
19,293
Households
2
Avg Household Size
44
Median Age
61%
College-Educated
96%
High-School Grad
19.9 sq mi
ZIP Area
1,975
Density / Sq Mi
$119,296
Median Household Income
$67,845
Median Earnings
$2,106
Median Rent
$580,600
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential income property - Residents have access to a pool, fitness center, party room, outdoor grills, patio, and dog park.
Where is this residential income property located?
The property is located at 5 PARK PL #202 Annapolis, MD.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Two bedrooms and two full bathrooms; Deeded parking in the underground garage; 24‑hour security
More about this property
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