509 E Lake Ave
Baltimore, MD 21212
Chinquapin Park-Belvedere- Studio
- 3,960 sqft
Studio
3,960 sqft
Home Value
Trulia Estimate
$580KSince last month
Decreased$5K (-0.8%)Since last year
Increased$2K (+0.3%)Since last sale
Increased$114K (+24.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +83% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $579K |
| July 2026 | $584K |
| June 2026 | $598K |
| May 2026 | $582K |
| April 2026 | $585K |
| March 2026 | $585K |
| February 2026 | $578K |
| January 2026 | $583K |
2025 | |
2024 | |
2023 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.42 | Multi-Family Home | $249,900 | 10/08/25 | 2 | - | 1,708 | |
0.12 | Multi-Family Home | $1,600,000 | 07/21/26 | - | 10,100 | ||
0.61 | Multi-Family Home | $269,900 | 09/23/25 | 4 | - | 1,496 | |
0.61 | Multi-Family Home | $289,990 | 10/13/25 | 4 | - | 1,796 | |
1.46 | Multi-Family Home | $710,000 | 11/14/25 | 4 | - | 3,444 | |
1.58 | Multi-Family Home | $620,409 | 03/24/26 | 6 | 5 | 3,030 | |
1.52 | Multi-Family Home | $280,000 | 03/19/26 | 3 | - | 2,930 | |
1.14 | Multi-Family Home | $195,000 | 05/22/26 | 4 | 2 | 1,824 | |
1.87 | Multi-Family Home | $175,000 | 01/12/26 | 4 | - | 1,933 | |
2.33 | Multi-Family Home | $585,000 | 12/23/25 | 4 | 3 | 2,328 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $347,600 | 4 | 1.5 | 2,020 | Off Market | |
0.09 | $416,500 | 4 | 3.5 | 1,862 | Off Market | |
0.08 | $487,100 | 5 | 2.5 | 2,701 | Off Market | |
0.08 | $526,600 | 5 | 4 | 3,166 | Off Market | |
0.11 | $444,900 | 3 | 2 | 1,816 | Off Market | |
0.09 | $444,800 | 3 | 3.5 | 2,412 | Off Market | |
0.08 | $327,300 | 3 | 2.5 | 1,449 | Off Market | |
0.09 | $308,000 | 3 | 2 | 1,952 | Recently Sold | |
0.08 | $432,000 | 4 | 2 | 1,758 | Off Market | |
0.09 | $327,600 | 3 | 3.5 | 2,048 | Off Market | |
0.09 | $334,600 | 3 | 3.5 | 1,938 | Off Market | |
0.10 | $401,500 | 3 | 2.5 | 1,740 | Off Market |
Local Information
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Home Highlights
Property Type
Multi-Family
Year Built
1941
Living Area
3,960 sqft
Price/Sqft
$146
Parking
Garage
About this House
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.
509 E Lake Ave, Baltimore, MD 21212 is a studio, 3,960 sqft multi-family in Chinquapin Park-Belvedere, built in 1941. It last sold for $465,000 on Dec 10, 2020. More recently, it was listed as a rental in March 2017 with an asking price of $1,000 per month. That rental listing was removed on May 13, 2017. It is currently off market. The Trulia Estimate is $580,100, with a rent estimate of $1,796/month.
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 and Tax history
| Date | Event | Price |
|---|---|---|
Dec 10, 2020 Source: N/A | Sold | $465,000 |
Oct 23, 2020 Source: Agent Provided | Pending | $499,900 |
Oct 16, 2020 Source: Agent Provided | Listed For Sale | $499,900 |
May 13, 2017 Source: Agent Provided | ListingRemoved | $1,000 |
Mar 16, 2017 Source: Agent Provided | Listed For Rent | $1,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | Unavailable | $509,833 |
Home facts updated by county records
Market trends in Baltimore
Last updated July 2026
Avg. sale price
$235K
$7KMoM
Sale-to-List Price
100.0%
Price per sq ft
$168
$6MoM
Available listings
3153
103MoM
Around this home
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 509 E Lake Ave
- What is 509 E Lake Ave estimated to be worth?Trulia's estimated value for 509 E Lake Ave in Baltimore, MD is $580,100.
- What is the price history for 509 E Lake Ave?509 E Lake Ave in Baltimore, MD last sold for $465,000 in December 2020.
- Is Baltimore a buyer's or seller's market?Baltimore is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Baltimore?The median sale price in Baltimore is $235K. That is up $7K from the prior month.
- Does 509 E Lake Ave have laundry facilities?Yes, 509 E Lake Ave in Baltimore, MD has in-unit laundry.

