509 E Lake Ave
Baltimore, MD 21212
Chinquapin Park-Belvedere- Studio
- 3,960 sqft
Studio
3,960 sqft
Local Information
© Google
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Description
Exciting opportunity to own this multi-unit property in the Belvedere Square/Cedarcroft area of Baltimore. This property has so much potential! This nearly 4,000 SF brick colonial offers four identical two-bedroom units, garage space (currently 2 large garages but could easily be 4 individual units), a basement that is unfinished but has rental potential and a huge attic that also has potential. All units have beautiful original hardwood floors and are well-kept. Each unit has two large bedrooms, 1 full bath, a kitchen, dining room and a living room. 990 SF per unit. All units are metered separately and tenants are responsible for the electric and gas bills. Live in one unit and rent the others or use strictly as an investment property. City inspections and lead certifications can be provided. Currently rents are below-market value. . . room for improvement! Conveniently located between Towson University/Johns Hopkins and downtown, close to I-83 and I-695 and close to hospitals and other amenities makes it an ideal location for renters. Showings will be provided for qualified buyers by listing and co-listing agent only or by an 'open-house' style showing method (one weekday and one weekend). PROPERTY BEING SOLD AS-IS.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
No Info
Home Details for 509 E Lake Ave
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Interior Details BasementTypes of Rooms: Dining Room |
Heating & Cooling Heating: RadiantHeating Fuel: Radiant |
Levels, Entrance, & Accessibility Stories: 4Floors: Hardwood |
Appliances & Utilities DryerRefrigeratorWasher |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: Shake ShingleExterior: Brick |
Parking & Garage GarageParking Spaces: 8Parking: Garage Attached |
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Year Built Year Built: 1941 |
Property Type / Style Property Type: Multi FamilyArchitecture: Conventional |
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Units in Building: 4 |
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Lot Area: 8276 sqft |
Price History for 509 E Lake Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 12/10/2020 | $465,000 | Sold | N/A |
| 10/23/2020 | $499,900 | Pending | Agent Provided |
| 10/16/2020 | $499,900 | Listed For Sale | Agent Provided |
| 05/13/2017 | $1,000 | ListingRemoved | Agent Provided |
| 03/16/2017 | $1,000 | Listed For Rent | Agent Provided |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | |
| Assessment | $509,833 |
Home facts updated by county records
Comparable Sales for 509 E Lake Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.44 | Multi-Family Home | $502,500 | 08/11/25 | 4 | - | 2,812 | |
0.57 | Multi-Family Home | $293,500 | 07/10/25 | 4 | - | 1,846 | |
0.42 | Multi-Family Home | $249,900 | 10/08/25 | 2 | - | 1,708 | |
0.61 | Multi-Family Home | $269,900 | 09/23/25 | 4 | - | 1,496 | |
0.61 | Multi-Family Home | $289,990 | 10/17/25 | 4 | - | 1,796 | |
0.83 | Multi-Family Home | $400,000 | 06/24/25 | 2 | 2 | 1,740 | |
0.42 | Multi-Family Home | $280,000 | 07/21/25 | 4 | - | 1,408 | |
0.58 | Multi-Family Home | $255,000 | 06/27/25 | 4 | - | 1,846 | |
0.64 | Multi-Family Home | $139,700 | 06/26/25 | 4 | - | 1,600 | |
1.46 | Multi-Family Home | $710,000 | 11/14/25 | 4 | - | 3,444 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 509 E Lake Ave.
What Locals Say about Chinquapin Park-Belvedere
At least 1 Trulia users voted on each feature.
100 % Say it's dog friendly
100 % Say there are sidewalks
100 % Say streets are well-lit
100 % Say neighbors are friendly
100 % Say they plan to stay for at least 5 years
100 % Say yards are well-kept
100 % Say it's quiet
100 % Say there's wildlife
100 % Say it's walkable to grocery stores
100 % Say it's walkable to restaurants
100 % Say parking is easy
100 % Say people would walk alone at night
Sourced by Trulia users. Learn more about our methodology.
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509 E Lake Ave, Baltimore, MD 21212 is a studio, 3,960 sqft multi-family built in 1941. 509 E Lake Ave is located in Chinquapin Park-Belvedere, Baltimore. This property is not currently available for sale. 509 E Lake Ave was last sold on Dec 10, 2020 for $465,000. The current Trulia Estimate for 509 E Lake Ave is $578,800.

