Map location of 1537 S ROLLING, HALETHORPE, MD 21227
$625,000
Unlock Price Rating!

1537 S Rolling, Halethorpe, MD 21227

 Contact
6 Beds
0 Baths
3,198 Sq Ft

Premier 4-Unit Multifamily Investment in Historic Relay. 1537 South Rolling Road presents a rare opportunity to acquire a fully stabilized four-unit multifamily property in the heart of the Historic Relay District, one of Baltimore Countys most consistently performing rental markets. Initially constructed in 1890 and restored by the owner, an award-winning custom builder and contractor, the property blends classic architectural charm with modern functionality. Its quiet location, strong rental demand, exceptionally low vacancy history, and proximity to major employers, universities, and transportation corridors make it a standout investment. The property features a balanced layout beginning with two 2-bedroom units (Units 1 and 2). Unit 1 includes a versatile sitting room with a large walk-out bay that can also function as the second bedroom and offers two entrancesits primary entry located at the rear of the property, along with a secondary access point through the foyer. Unit 2 welcomes you through its expansive 28 ft private covered porch. Inside, youll find beautifully preserved original oak paneling, walnut-inlaid oak flooring, and a generous walkout bay that fills the space with natural light. The flexible floor plan includes a bonus walk-through second bedroomperfect for a home office, nursery, dressing room, or creative studio. For added convenience, this unit also features its own private washer and dryer. Completing the property, the second floor features two additional 1-bedroom units (Units 3 and 4), whichtogether with Units 1 and 2offer a combined total of approximately 3,198 square feet of above-grade living space, supplemented by 657 square feet of basement storage or utility area. Current in-place rents highlight the area's desirability: Unit 1 (2BR) leases for $1,450/month, Unit 2 (2BR) for $1,350/month, Unit 3 (1BR) for $1,300/month, and Unit 4 (1BR) for $1,350/month. This results in a stable monthly income of $5,450, or $65,400 annually, supported by a long-standing 0% vacancy rate and a convenient one-to-one onsite parking ratio. 1537 S Rolling Road is a fully stabilized, income-producing asset with consistent, predictable cash flow. The property generates approximately $65,400 in annual gross rental income, supported by a strong tenant base. Operating expensesincluding taxes, insurance, utilities, and general operating coststotal approximately $12,601, resulting in an attractive Net Operating Income (NOI) of roughly $51,398. With solid submarket fundamentalscharacterized by rising rents, limited rental supply, and steady absorptionthis property is well-positioned to deliver dependable performance and long-term value appreciation. Investors benefit from both immediate cash flow and the potential for continued rent growth in a high-demand corridor. See attached brochure for more specific information about appliances and utilities.

Listing By: Robert C Walters - CENTURY 21 New Millennium mdbmls-r Realty.com
  • MLS# MDBC2147292
  • Date Listed12/01/2025
  • Days on Realty 5 Days
  • Bedrooms 6
  • Bathrooms
  • Lot Size 0.28 acres (12,183 sq. ft)
  • Sewer Public Sewer
  • Property Type Quadruplex
  • County BALTIMORE
  • Year Built 1890
  • Water Public
  • Square Feet 3,198 sq. ft
  • Price Per Sq. Ft $195.43

Interior Features

  • Appliances Gas Water Heater
  • Flooring Hardwood
  • Cooling Central Air, Electric
  • Heating Natural Gas, Radiant

Exterior / Lot Features

  • Roof Shingle
  • Lot Size Acres 0.28
  • Lot Size SQFT 12,183.00
  • Lot Features -

Directions

Located just off 95, 195, 895, and Route 1, with two nearby MARC stations (St. Denis & Halethorpe / Penn Line) providing direct service to Baltimore and Washington, D.C., and BWI.

Financial Considerations

  • Tax Amount $3,973
  • Terms Cash, Conventional, FHA, VA Loan

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in MD / 21227

Source: Walkscore

1/100

Car-Dependent

Walk Score ®

27/100

Some Transit

Transit Score ®

3/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. A few nearby public transportation options. Minimal bike infrastructure.

Transit Summary

3 nearby routes: 1 bus, 2 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 27/100, Transit Score: 20/100, Bike Score: 24/100.

Points of Interest near 1537 S ROLLING, HALETHORPE, MD 21227

Frequently Asked Questions for 1537 S ROLLING

Source: Realty.com

1537 S ROLLING, HALETHORPE, MD 21227 is a Quadruplex, Residential Income property listed for $625,000 The property is 3198 sq. ft with 6 bedrooms and 0 bathrooms

Realty.com has 25 photos of 1537 S ROLLING.

Our records indicate that 1537 S ROLLING was built in 1890.

The full address for this home is 1537 S ROLLING, HALETHORPE, MD 21227.

1537 S ROLLING has been listed on Realty.com since Mon December 01, 2025

Almost all errands require a car. A few nearby public transportation options. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 27/100, Transit Score: 20/100, Bike Score: 24/100.

There are 2 schools assigned to this home. Check out the schools near 1537 S ROLLING. Parkville Middle & Center Of Technology (Grades: 6 - 8), Towson High School (Grades: 9 - 12)

Listing provided courtesy of: Century 21 New Millennium (tel: 703-556-4222)
Listing agent: Robert Walters (tel: 703-401-5874) (#64793)

This content last refreshed on 2025-12-06 21:31:18. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 1537 S ROLLING, HALETHORPE, MD 21227 : MLS# MDBC2147292

Message
Tour
Chat