Back 217 Walnut Ln
Off Market

217 Walnut Ln

Aberdeen MD 21001

8
4056 sq. ft.
36960 sq. ft.
Duplex
Last sold for $540,000
Herbert LewisHerbert Lewis, last sold this property on 30 January 2026 after 580 days on market.

Overview

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.

Features

8 bedrooms
4056 sq. ft. floor area
36960 sq. ft. lot size
Duplex

Estimated Value

We need at least 3 similar 8 bedroom duplexes sold in Aberdeen over the last 12 months.

Property history for 217 Walnut Ln

2026
Sold
$540,000
30 Jan 2026 by Herbert Lewis, of Smart Realty, LLC
2018
Sold
$180,000
22 Jun 2018 by Cecil Hill, of Coldwell Banker Realty
2018
Sold
$180,000
22 Jun 2018 by Cecil Hill, of Coldwell Banker Realty

Happy sellers in Aberdeen

95%
95% of sellers in Aberdeen reported that their sale price either exceeded or met their price expectations.

Aberdeen stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Aberdeen over the last 12 months.

Local market activity for 8 bedroom duplexes in Aberdeen

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Aberdeen

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent