diff --git a/CHANGELOG.md b/CHANGELOG.md
index 0a753e7c6..3e34db7dc 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -12,6 +12,10 @@ optimization for aarch64.
 `spdk_thread_send_msg` now returns int indicating if the message was successfully
 sent.
 
+### blobfs
+
+Added boolean return value for function spdk_fs_set_cache_size to indicate its operation result.
+
 ## v19.10:
 
 ### rpc
diff --git a/include/spdk/blobfs.h b/include/spdk/blobfs.h
index 47cd67886..2a4342ded 100644
--- a/include/spdk/blobfs.h
+++ b/include/spdk/blobfs.h
@@ -364,8 +364,10 @@ int64_t spdk_file_read(struct spdk_file *file, struct spdk_fs_thread_ctx *ctx,
  * Set cache size for the blobstore filesystem.
  *
  * \param size_in_mb Cache size in megabytes.
+ *
+ * \return 0 on success, negative errno on failure.
  */
-void spdk_fs_set_cache_size(uint64_t size_in_mb);
+int spdk_fs_set_cache_size(uint64_t size_in_mb);
 
 /**
  * Obtain the cache size.
diff --git a/lib/blobfs/blobfs.c b/lib/blobfs/blobfs.c
index f9dcc3aeb..c28843dc3 100644
--- a/lib/blobfs/blobfs.c
+++ b/lib/blobfs/blobfs.c
@@ -1971,10 +1971,19 @@ spdk_fs_free_thread_ctx(struct spdk_fs_thread_ctx *ctx)
 	free(ctx);
 }
 
-void
+int
 spdk_fs_set_cache_size(uint64_t size_in_mb)
 {
+	/* setting g_fs_cache_size is only permitted if cache pool
+	 * is already freed or hasn't been initialized
+	 */
+	if (g_cache_pool != NULL) {
+		return -EPERM;
+	}
+
 	g_fs_cache_size = size_in_mb * 1024 * 1024;
+
+	return 0;
 }
 
 uint64_t