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$540,000

  • Sold
  • Closed
  • Single Family
  • 4,056 Sq. Ft.
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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 for 217 Walnut Ln

General

  • Sold For: $540,000
  • Taxes: $5,586 (2024)
  • Status: Closed
  • Type: Single Family
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDHR2050472
  • Added to Site: 63 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
  • Terms: Standard Sale
  • 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
Sold by Non Subscribing Office, NON MEMBER

Listing agent

— 217 Walnut Ln —

  • Herbert Lewis

    Smart Realty, LLC

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 217 Walnut Ln

School District:Harford County Public Schools
NameGradesDistance
Halls Cross Roads Elementary School
203 East Bel Air Avenue, Aberdeen, MD 21001
PK-50.8 mi
Aberdeen Middle School
111 Mount Royal Avenue, Aberdeen, MD 21001
6-80.3 mi
Aberdeen High School
251 Paradise Road, Aberdeen, MD 21001
9-120.4 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
1/30/2026
Sold
$540,000
-1.82%
MLS
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.

Listed by Smart Realty, LLC, Herbert Lewis
Sold by Non Subscribing Office, NON MEMBER

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217 Walnut Lane, Aberdeen, MD 21001 (MLS# MDHR2050472) is a Single Family property that was sold at $540,000 on January 30, 2026. 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.