USAMDAberdeen217 Walnut Ln
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$550,000

Sold

3 months ago

217 Walnut Ln, Aberdeen, MD

House

MLS® MDHR2050472

Buyer represented by NON MEMBER of Non Subscribing Office

0 Bed

0 Bath

2704 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 2704 sqft
Garage 
Taxes $5,586
Lot Size 
Approx. Age 1950
Avg. Price Per Sqft $203
MLS® Number MDHR2050472

Property Address: 217 Walnut Ln, ABERDEEN, MD, 21001-2431

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberMDHR2050472
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1950
BasementRear Entrance, Unfinished
DrivewayGravel Driveway, On Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Jan 30, 2026End Date
$540,000Sold Price

Sold

Dec 30, 2025List Date
$550,000List Price
  • Commute

Commute

Starting Address
Destination Address
217 Walnut Ln, Aberdeen, MD

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