Four-Unit Apartment
For Sale
$795,000
5001 Roland Avenue, Baltimore, MD 21210
Multifamily building with distinct heating and water systems serving each apartment.
Property Size3,215 SF
Price / SF$247.28
Days on Market285
Property Features for 5001 Roland Avenue
General Information
Standard status
Active
Size
3,215 SF
Total Parking Spaces
5
Property subtype
Multi-Family / Fee Simple
Zoning
R-1-E
Units
Unit Mix
2 x 2BR, 2 x 1BR
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$9,239
Amenities
covered decks
Yes
1
No Pool
Building Details
Year Built
1900
Buildings
1
Listing Agency:
Ben Frederick Realty, Inc.
(410) 916-3331
Listed By:
Will A Cannon III · License #657102
(410) 916-3331
Source:
Compass
Added: Nov 19, 2025
Changed: Aug 31
Last Checked: Aug 31 at 12:51AM
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, Inc.
Investment Insights
Based on property information with market context.
Built in 1900, this 3,215-square-foot multifamily property contains four apartments: two two-bedroom units and two one-bedroom units. Interior details include hardwood flooring, updated bathrooms, naturally bright rooms, island kitchens with decorative backsplashes and tin ceilings, and covered decks assigned to the apartments. Each unit has its own boiler and water heater, while residents pay gas, electric, public service electric, and water charges directly.
The property occupies the corner of Roland and Wyndhurst Avenues at 5001 Roland Avenue in Baltimore. Five off-street parking spaces serve the building, with Stony Run Trail and Charles Street nearby. Roland Park Elementary/Middle School, Gilman, Bryn Mawr, and Roland Park Country School are within walking distance. The property is within Baltimore city limits and is zoned R-1-E.
The property occupies the corner of Roland and Wyndhurst Avenues at 5001 Roland Avenue in Baltimore. Five off-street parking spaces serve the building, with Stony Run Trail and Charles Street nearby. Roland Park Elementary/Middle School, Gilman, Bryn Mawr, and Roland Park Country School are within walking distance. The property is within Baltimore city limits and is zoned R-1-E.
Key Highlights
- Four apartments: two two‑bedroom units and two one‑bedroom units
- 3,215 SF multifamily property built in 1900
- Five off‑street parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$47,213
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.94%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$944,260
$944.3K
Cap Rate 7%
$674,471
$674.5K
Cap Rate 9%
$524,589
$524.6K
Market Conditions
NOI Build-Up for 3,215 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$71.4K $22.20/SF
− Vacancy
−$3.9K −$1.22/SF
EGI
$67.4K $20.98/SF
− OpEx
−$20.2K −$6.29/SF
NOI
$47.2K $14.69/SF
Area
Baltimore, MD
Vacancy
5.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$944,260
Cap Rate 7%
$674,471
Cap Rate 9%
$524,589
Alternative Uses
Best Use
Multifamily LT 5
$674.5K
$590.2K – $786.9K
NOI $47,213 @ 7.0% cap · market cap 5.94%
Second Best
Apartment 5plus
$598.4K
$523.6K – $698.1K
NOI $41,886 @ 7.0% cap · market cap 5.27%
Theoretical Best
Office A
$770.2K
$674.0K – $898.6K
NOI $53,916 @ 7.0% cap · market cap 6.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
632
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Multifamily building with distinct heating and water systems serving each apartment.
Where is this quadplex located?
The property is located at 5001 Roland Avenue Baltimore, MD.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Four apartments: two two‑bedroom units and two one‑bedroom units; 3,215 SF multifamily property built in 1900; Five off‑street parking spaces
