217 Walnut Alley

Aberdeen, MD 21001

$550,000
Price
8
Beds
4
Baths
2,704 Sq. Ft.
$203 / Sq. Ft.
2,704
Sq. Ft.
$203
per Sq. Ft.
Pending
Pending
a front view of a house with a yard
a view of a kitchen and a window
a view of a hallway with wooden floor
a view of an empty room
a view of an empty room and window
a bathroom with a sink toilet and shower
a bathroom with a toilet sink and mirror
a kitchen with granite countertop a refrigerator stove and microwave
a view of a house with a small space
a view of a kitchen with a sink wooden cabinets and a window
a kitchen with stainless steel appliances granite countertop a refrigerator a sink a stove and white cabinets with wooden floor
a view of a balcony with mountain view
a view of a house with a small space

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 &...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.
  1. Listed by Herbert Lewis • Smart Realty, LLC
    P: (443)-739-4140 dts.lewis@gmail.com

Property Details for 217 Walnut Alley

Tax ID Number
1302019620
Ownership
Fee Simple
Structure Type
Twin/Semi-Detached
Style
Traditional
Waterfront
No
Garage
No
Municipality
Aberdeen
Central Air
Yes
LISTING UPDATED: 12/30/2025 12:28 PM

Property Details for 217 Walnut Alley

StatusPending
MLS #MDHR2050472
Days on Market2
Taxes$5,586 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1950
Lot Size0.85 AC / 36,960 SF
CountyHarford County

Location

Listing Courtesy of Smart Realty, LLC
Add your commute

Building Information for 217 Walnut Alley

Stories-Residences2Year Built1950Building Size-Lot Size0.85 AC / 36,960 SF

Payment Calculator

$3,146 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,681

Property Taxes

$466

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 217 Walnut Alley

Location
Location
  • In City Limits: Yes
  • School District Name: HARFORD COUNTY PUBLIC SCHOOLS
  • School District County ID: 121139964110
  • SchoolDistrictSource: Listing Agent
  • County: HARFORD
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $357,033
  • Year Assessed: 2024
  • County Tax: $3,374
  • Improvement Assessed Value: $201,400
  • City Town Tax: $2,211
  • Land Assessed Value: $161,900
  • Clean Green Assessed: No
  • Land Use Code: C
  • Zoning: B2
  • Tax Lot: 1
  • School Tax: $0
  • Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
  • Owner Pays: Lawn/Shrub Care, Water
  • Rent Control: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 4
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Units Furnished: None
  • Units Leased Count: 4
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 0
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 1
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 1
Unit 4
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 1
Financial Information
Financial Information
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 2,704.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: On Street
  • Parking Features: Gravel Driveway
Interior Features
Interior Features
  • Fireplace: No
  • Appliances: Microwave, Stainless Steel Appliances, Refrigerator, Oven/Range - Gas, Dryer, Washer
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer, Public Septic
Confidential Data
Listing Office
  • List Agent AOR: Harford County Association of REALTORS

Property History for 217 Walnut Alley

DateEvent & SourcePriceAppreciation
Dec 30, 2025

Pending

BRIGHT #MDHR2050472

—
Dec 29, 2025

Listed (Active)

BRIGHT #MDHR2050472

$550,000—
Jul 31, 2024

Expired

BRIGHT #MDHR2033214

—
Jul 13, 2024

Withdrawn

BRIGHT #MDHR2033214

—
Jul 8, 2024

Price Change

BRIGHT #MDHR2033214

$600,000—
Jun 28, 2024

Listed (Active)

BRIGHT #MDHR2033214

$725,000—
Jun 22, 2018

Closed

BRIGHT #1000343108

$180,000—
May 29, 2018

Pending

BRIGHT #1000343108

—
Apr 4, 2018

Listed (Active)

BRIGHT #1000343108

$255,000—
DateEvent & SourcePrice
12/30/2025

Pending

BRIGHT #MDHR2050472

—
12/29/2025

Listed (Active)

BRIGHT #MDHR2050472

$550,000
07/31/2024

Expired

BRIGHT #MDHR2033214

—
07/13/2024

Withdrawn

BRIGHT #MDHR2033214

—
07/08/2024

Price Change

BRIGHT #MDHR2033214

$600,000
06/28/2024

Listed (Active)

BRIGHT #MDHR2033214

$725,000
06/22/2018

Closed

BRIGHT #1000343108

$180,000
05/29/2018

Pending

BRIGHT #1000343108

—
04/04/2018

Listed (Active)

BRIGHT #1000343108

$255,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 217 Walnut Alley

Taxable ValueLand-Additions-Total-
Tax Record2025$3,404 ($284 / month)
Home Facts
Baths4Total Finished SqFt1,352 SqFtAbove Grade Finished SqFt1,352 SqFtStories1Lot Size36,960 SqFtStyleMiscellaneous CommercialYear Built1950ZoningB2CountyHARFORDAPN02-019620Fireplace TypeHas Fireplace

Schools near 217 Walnut Alley

This home is within Harford County Public Schools.
Rating
School
Type
Grades
Distance
Halls Cross Roads Elementary School
Public - PK to 5
Aberdeen Middle School
Public - 6 to 8
Aberdeen High School
Public - 9 to 12
Restoration Alternative Academy Charter School
Charter - 6 to 11
Rating
School
Distance
Halls Cross Roads Elementary School
PublicPK to 5

Aberdeen Middle School
Public6 to 8

Aberdeen High School
Public9 to 12

Restoration Alternative Academy Charter School
Charter6 to 11

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Smart Realty, LLC

© 2026 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 12/30/2025 12:28 PM