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$550,000 Sale Pending
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Property Description
Turnkey 4-Unit Investment | Stable Subsidized Income 225, 223, 219 & 217 Walnut Ln, Aberdeen, MD Excellent opportunity to acquire two duplexes (4 units total) on one lot just off Main Street in Aberdeen-walkable to downtown amenities. 4-plex asset with strong, reliable cash flow and minimal management demands. Property Details Built 1953 | Approx. 3,600 sq. ft. Four units: 2BR/1BA each Central A/C & heat, in-unit laundry, off-street parking Recent Improvements New roof (≈2 years) New HVAC (2025) Income & Expenses Gross rent: $6,095/month ($1,500-$1,595/unit) Rents paid through local subsidized housing programs Tenants pay all utilities except water (NOI upside via billing) Tenant Profile Long-term occupancy Newest tenant in place 3+ years Low turnover, stable payment history Why It Works Consistent cash flow Low maintenance due to recent upgrades Expense and rent-growth upside Strong rental demand location Summary A true turnkey 4-unit offering dependable income, stable tenants, and future upside in a prime Aberdeen location-ideal for buy-and-hold investors.
Full Property Details
Full Property Details for 217 Walnut Ln
General
- Price: $550,000
- Taxes: $5,586 (2024)
- Status: Pending
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: MDHR2050472
- Updated: 12/30/2025
- Added to Site: 18 day(s) ago
Rental Information
- Lease Info: Yearly
Interior
- Appliances: Microwave, Stainless Steel Appliances, Refrigerator, Oven/Range - Gas, Dryer, Washer
- Flooring: Laminated
Parking
- Parking Features: Gravel Driveway
- Parking Type: On Street
Location
- Municipality: Aberdeen
- County: HARFORD
- Driving Directions: Google Map
- City Limits: Yes
School Information
- School District: Harford County Public Schools
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer, Public Septic
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Twin/Semi-Detached
- Construction: Brick
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Rear Entrance, Unfinished
- Foundation: Permanent
- Roof: Shingle
- Square Feet: 4,056
- Sq. Ft. Source: Estimated
- Living Area: 2,704 Sq. Ft.
- Finished Above Grnd: 2,704 Sq. Ft.
- Year Built: 1950
- Year Built Source: Estimated
Unit Information
- Other Units: Unit 1, Unit 2, Unit 4, Unit 3
Lot Features
- Lot Size (Acres): 0.85
- Lot Size (Sq. Ft.): 36,960
- Lot Size Source: Estimated
- Zoning: B2
Financial Considerations
- Price Per Sq. Ft.: $203.4
- Assessment Year: 2024
- City/TownTax: $2,211
- City/TownTax Freq: Annually
- County Tax: $3,374
- County Tax Freq: Annually
- Tax w/Assessment: $357,033
- Tax Amount: $5,586
- Tax Year: 2024
- Owner Pays: Lawn/Shrub Care, Water
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenant's possessions excluded
- Inclusions: Four gas ranges, four refrigerators, four microwaves, three stacked washer-dryer units, and one separate washer and dryer.
- Lot Number: 1
Listed by Smart Realty, LLC, Herbert Lewis
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Schools
Schools serving 217 Walnut Ln
School District:Harford County Public Schools
| Name | Grades | Distance |
|---|---|---|
Halls Cross Roads Elementary School 203 East Bel Air Avenue, Aberdeen, MD 21001 | PK-5 | 0.8 mi |
Aberdeen Middle School 111 Mount Royal Avenue, Aberdeen, MD 21001 | 6-8 | 0.3 mi |
Aberdeen High School 251 Paradise Road, Aberdeen, MD 21001 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 217 Walnut Ln
Date
Details
Price
Change
Source
12/29/2025
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 217 Walnut Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,404
100%
$360,167
1%
2022
100%
$357,033
1%
2022
-100%
$353,900
—
2021
$3,523
—
$352,533
—
2020
$3,518
—
$351,167
1%
2020
$3,508
1%
$348,767
—
2019
$3,466
—
$347,733
—
2018
$3,456
1%
$346,700
1%
2017
$3,428
1%
$343,933
1%
2016
$3,401
—
$341,167
1%
2015
$3,403
1%
$338,400
—
2014
$3,381
—
$338,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 217 Walnut Ln
217 Walnut Lane, Aberdeen, MD 21001 (MLS# MDHR2050472) is a Single Family property with 0 bedrooms and 0 full bathrooms. 217 Walnut Lane is currently listed for $550,000 and was received on December 29, 2025. Want to learn more about 217 Walnut Lane? Do you have questions about finding other Single Family real estate for sale in Aberdeen? You can browse all Aberdeen real estate or contact a Coldwell Banker agent to request more information.

