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Sold for $540,000
  • $540,000

    217 Walnut Ln, Aberdeen, MD 21001

    8beds
    4baths
    2,704sqft
    Quadruplex
    Built in 1950
    -- sqft lot
    $542,900 Zestimate®
    $200/sqft
    $1,982 Estimated rent

    Home value

    $542,900

    Estimated sales range

    Not available

    $1,982/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Herbert Lewis 443-739-4140,

    Smart Realty, LLC

    Bought with:

    NON MEMBER, 0225194075

    Non Subscribing Office

    Source: Bright MLS,MLS#: MDHR2050472MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Basement
    • Area: 1352
    Heating
    • Central, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Microwave, Stainless Steel Appliance(s), Refrigerator, Oven/Range - Gas, Dryer, Washer, Gas Water Heater
    Features
    • Flooring: Laminate
    • Basement: Rear Entrance,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 4,056
    • Total interior livable area: 2,704 sqft

    Property

    Parking
    • Parking features: Gravel, On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 0.85 Acres
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 1302019620
    • Zoning: B2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Quadruplex
    Materials
    • Brick
    • Foundation: Permanent
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer, Public Septic
    • Water: Public

    Community & neighborhood

    Location
    • Region: Aberdeen
    • Municipality: Aberdeen

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    1/30/2026Sold$540,000-1.8%$200/sqft
    Source: Bright MLS #MDHR2050472 Report a problem
    12/30/2025Pending sale$550,000$203/sqft
    Source: Bright MLS #MDHR2050472 Report a problem
    12/30/2025Listed for sale$550,000-8.3%$203/sqft
    Source: Bright MLS #MDHR2050472 Report a problem
    7/13/2024Listing removed--
    Source: Bright MLS #MDHR2033214 Report a problem
    7/9/2024Price change$600,000-17.2%$222/sqft
    Source: Bright MLS #MDHR2033214 Report a problem
    6/28/2024Listed for sale$725,000$268/sqft
    Source: Bright MLS #MDHR2033214 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 21001

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Harford County Public Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $542,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $542,900