217 Walnut Lane Aberdeen, MD $ 550,000
217 Walnut Lane
$ 550,000
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217 Walnut Lane

Aberdeen, MD, 21001
$ 550,000
Bedrooms8 Baths0.0

Monthly Estimate*

$ 3,431

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Multi-Family Home for sale in Aberdeen, MD

for $550,000 with 8 bedrooms. This home was built in 1950 on a lot size of 0.85.

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 Aberdeenwalkable 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 locationideal for buy-and-hold investors.

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Multi-Family Active

Price

$ 550,000

Bedrooms

8

Property Type

Multi-Family

Taxes

$ 5,586

Style

Traditional

Lot Size

0.85

Year Built

1950

Town/City

Aberdeen

County/Region

Harford

MLS | Web ID

MDHR2050472

Features
General
Living Area 2704
Sewer Public Sewer Public Septic
Heating Central
Cooling Central A/C
Possession Settlement
Roof Shingle
Appliances Microwave Stainless Steel Appliances Refrigerator Oven/Range - Gas Dryer Washer
Zoning B2
Architectural Style Traditional
Construction Materials Brick
School District HARFORD COUNTY PUBLIC SCHOOLS
Exclusions Tenant's possessions excluded
Year Built 1950
Property Subtype Quadruplex
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality Aberdeen
Accessibility None
County HARFORD
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Google Map
City ABERDEEN
Disclosures Lead Inspection Certificate Available
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 36960.00
Number of Units Leased 4
Tax Annual Amount 5586.0
Home Warranty Y/N N
Two Bedroom 4
Structure Type Twin/Semi-Detached
Price Per Sq Ft Total AG 203.4
Acceptable Financing Cash
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type Yearly
Standard Status Active
Year Built Source Estimated
Tax Lot 1
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Interior
Heating Fuel Natural Gas
Basement Rear Entrance Unfinished
Flooring Laminated
Hot Water Natural Gas
Furnished Units None
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
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Exterior
Pool No Pool
Parking Features Gravel Driveway
Water Source Public
Inclusions Four gas ranges four refrigerators four microwaves three stacked washer-dryer units and one separate washer and dryer.
Type of Parking On Street
Foundation Details Permanent
Water View Y/N N
Lot Size Acres 0.85
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 161900.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 217
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* Excluded Features
List By
Smart Realty, Llc

Broker

dts.lewis@gmail.com

Email

Affordability Calculator

$3,897
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,431
Monthly Property Taxes
$466
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3535400 Elementary School
3534446 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/30/2025$550,000 Listed Price

Map


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217 Walnut Lane, Aberdeen, MD, 21001 is a Multi-Family Home for sale at $550,000 with a lot size of 0.85. 217 Walnut Lane has 8 bedrooms, 0.0 baths, and was built in 1950. The property's zip code is 21001 which is in Aberdeen, MD