NOT LISTED FOR SALE

Estimated Value: $542,180

Studio
2 Baths
2,704 Sq Ft
$201/Sq Ft Est. Value

Sale Details

Date Sold: January 30, 2026

Last sale price $540,000 $200 Per Sq Ft

Current estimated payment $3,270 / mo

1 Day on Market

Highlights

  • 0.85 Acre Lot
  • Traditional Architecture
  • Central Heating and Cooling System
  • Aberdeen High School Rated A-
  • Stainless Steel Appliances
  • 4-minute walk to Aberdeen Festival Park

About This Home

As of January 2026

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.

Last Agent to Sell the Property

Herbert Lewis

(301) 445-1395 generalmanager@smartrealtymd.com Smart Realty, LLC Brokerage Phone: 3014451395 License #0671497 Listed on: 12/29/2025

Smart Realty, LLC

Last Buyer's Agent

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,586

Year Built

  • Built in 1950

Lot Details

  • 36,960 Sq Ft Lot

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Permanent Foundation
  • Shingle Roof

Interior Spaces

  • Laminate Flooring
  • Unfinished Basement
  • Rear Basement Entry

Kitchen

  • Gas Oven or Range
  • Microwave
  • Stainless Steel Appliances

Laundry

  • Dryer
  • Washer

Parking

  • Gravel Driveway
  • On-Street Parking

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for lawn/shrub care, water
  • Tax Lot 1
  • Assessor Parcel Number 1302019620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,586

Year Built

Built in 1950

Lot Details

0.85 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenant's possessions excluded
  • Inclusions: Four gas ranges, four refrigerators, four microwaves, three stacked washer-dryer units, and one separate washer and dryer.
  • New Construction: No
  • Year Built: 1950
  • Automatically Close On Close Date: Yes
  • Special Features: None

Interior Features

  • Appliances: Microwave, Stainless Steel Appliances, Refrigerator, Oven/Range - Gas, Dryer, Washer
  • Flooring Type: Laminated
  • Fireplace: No
  • Foundation Details: Permanent
  • Basement: Yes
  • Basement Type: Rear Entrance, Unfinished
  • Total Sq Ft: 4056
  • Living Area Sq Ft: 2704
  • Price Per Sq Ft: 203.40
  • Above Grade Finished Sq Ft: 2704
  • Below Grade Sq Ft: 1352
  • Total Below Grade Sq Ft: 1352
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer, Public Septic
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.85
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 36960.00
  • Zoning: B2
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Owner Pays: Lawn/Shrub Care, Water
  • Rent Control: No
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5586.00
  • Assessor Parcel Number: 1302019620
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: HARFORD COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2025
Closed on
Jan 30, 2026
Sold by
Bought by
Seller's Agent
Herbert Lewis
Smart Realty, LLC
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%
Views
16
Current Estimated Value
$542,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,180

Purchase Details

Closed on
Jun 19, 2021
Sold by
Bought by

Purchase Details

Listed on
Apr 4, 2018
Closed on
Jun 19, 2018
Sold by
Bought by
Seller's Agent
Cecil Hill, Jr.
Coldwell Banker Realty
Buyer's Agent
Leon Funderburk
Total Quality Real Estate LLC
List Price
$255,000
Sold Price
$180,000
Premium/Discount to List
-$75,000
-29.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 7, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 31, 2011
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$540,000 Terrain Title
-- None Available
$180,000 None Available
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $247,670
Previous Owner $222,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2026 01/30/26 Sold $540,000 -1.8% $200 / Sq Ft
12/30/2025 12/30/25 Pending -- -- --
12/29/2025 12/29/25 For Sale $550,000 0.0% $203 / Sq Ft
02/13/2020 02/13/20 Rented $1,100 0.0% --
02/09/2020 02/09/20 For Rent $1,100 0.0% --
06/22/2018 06/22/18 Sold $180,000 -23.4% $133 / Sq Ft View Prior Sale
05/29/2018 05/29/18 Pending -- -- --
05/08/2018 05/08/18 Price Changed $235,000 -7.8% $174 / Sq Ft
04/04/2018 04/04/18 For Sale $255,000 -- $189 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,404 $360,167 $0 $0
2024 $3,404 $357,033 $0 $0
2023 $3,374 $353,900 $161,900 $192,000
2022 $3,361 $352,533 $0 $0
2021 $6,721 $351,167 $0 $0
2020 $3,518 $349,800 $161,900 $187,900
2019 $3,508 $348,767 $0 $0
2018 $0 $347,733 $0 $0
2017 $3,428 $346,700 $0 $0
2016 -- $343,933 $0 $0
2015 $3,614 $341,167 $0 $0
2014 $3,614 $338,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDHR2050472

Bright MLS

APN: 02-019620

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