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One-Bedroom Residential Income Property
For Sale
$475,000

5 PARK PL #431, Annapolis, MD 21401

ANNAPOLIS, MD

Property SizeContact for details
Days on Market104

Property Features for 5 PARK PL #431

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1
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

pool
back patio
24-hour security
lobby desk service
monitored exterior cameras

Building Details

Year built 2007
Listing Agency: Annapolis Fine Homes
Listed By: Elizabeth A Heinsohn
Added: Jul 1 Changed: Sep 9 Last Checked: Oct 12 at 6:06AM
MLS# MDAA2150278

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 1-bedroom, 1-bathroom condominium in Park Place was built in 2007 and offers an entry-level bedroom, elevator access, and a west-facing orientation. Interior features include hardwood flooring, new bedroom carpet, a renovated bathroom walk-in shower, and an upgraded Bosch HVAC system. The kitchen is equipped with a built-in microwave, gas oven/range, dishwasher, and refrigerator.

Residents have access to a community pool and back patio, while Park Place also provides 24-hour security, lobby desk service, and monitored exterior cameras. A community Social Committee organizes speaker series and social events. Restaurants, parks, shopping, and local events are located nearby in Annapolis.

Key Highlights

  • 1‑bedroom, 1‑bathroom condominium in Park Place
  • Built in 2007 with elevator access and an entry‑level bedroom
  • West‑facing orientation

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 - West-facing condo with updated interior features, elevator access, and shared community amenities.
Where is this residential income property located?
The property is located at 5 PARK PL #431 Annapolis, MD.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 1‑bedroom, 1‑bathroom condominium in Park Place; Built in 2007 with elevator access and an entry‑level bedroom; West‑facing orientation
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