509 E  Lake Ave, Baltimore, MD 21212
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Property image
OFF MARKET

509 E Lake Ave
Baltimore, MD 21212

Chinquapin Park-Belvedere
  • Studio
  • 3,960 sqft

$580,100

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $3,531/mo*

$580,100

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $3,531/mo*
Studio
3,960 sqft

Home Value

Trulia Estimate
$580K
Since 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
MonthEstimated 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

  • Map ViewExplore the area around 509 E Lake Ave.
  • Schools1 Preschool School1 Elementary School11 Middle Schools28 High Schools
  • Shop & Eat
-- mins to
Commute Destination

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

Interior Features

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

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: Brick
Parking & Garage
GarageParking Spaces: 8Parking: Garage Attached

Property Information

Year Built
Year Built: 1941
Property Type / Style
Property Type: Multi FamilyArchitecture: Conventional

Community

Units in Building: 4

Lot Information

Lot Area: 8276 sqft

Price and Tax history

DateEventPrice
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

Market trends in Baltimore

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$235K
$7K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$168
$6
MoM
Available listings
3153
103
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

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.
  • Trulia User
    "Well lit and everyone is very friendly. A lot of outdoor dining and dogs are allowed.xxxxxxx cxxxxxx"
  • Trulia User
    "Concerts Fridays during the summer at Belvedere Square - family oriented, great food and fun for everyone."
  • Gerard B.
    "Close to pet store. Sidewalks everywhere for walks. Trees and plenty of dog loving neighbors. Many fenced in properties. Other dogs to play with."
  • Neprofessionals2017
    "it's a great community for families with children because it's a lot of kids to play with and quite."
  • Schoolyard4
    "diversity, neighborhood is nice and quiet. it's a great place to live. great shopping near by, night life and movie theater "
  • NaS
    "Great area. Belvedere Square has weekly concerts FOR FREE every Friday! Playgrounds are easily accessible and people are friendly. "

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.

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