Seller's Agent in 2026
Herbert Lewis
Smart Realty, LLC
(443) 206-1427
2 in this area
8 Total Sales
217 Walnut Ln Aberdeen, MD 21001
Studio
--
Bath
2,704
Sq Ft
37,026
Sq Ft Lot
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 2026Turnkey 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
(301) 445-1395 generalmanager@smartrealtymd.com Smart Realty, LLC Brokerage Phone: 3014451395 License #0671497 Listed on: 12/29/2025
Last Buyer's Agent
(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 29, 2025
Closed on
Jan 30, 2026
Sold by
Ssj Global Llc
Bought by
Hoeck Stephen
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
476.84%
Original Mortgage
$432,000
Outstanding Balance
$431,577
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$283,186
Purchase Details
Closed on
Jun 19, 2021
Sold by
Ssj Real Estate Solution Llc
Bought by
Ssj Global Llc
Purchase Details
Listed on
Apr 4, 2018
Closed on
Jun 19, 2018
Sold by
Shillman George Eugene
Bought by
Ssj Real Estate Solutions Llc
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.
Avg. Annual Appreciation
19.42%
Original Mortgage
$222,000
Interest Rate
4.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 7, 2011
Sold by
Jaeger Norma R
Bought by
Shillman George Eugene
Purchase Details
Closed on
Aug 31, 2011
Sold by
Danojae Limited Liability Company
Bought by
Jaegar Norma
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $540,000 | Terrain Title | |
| Deed | -- | None Available | |
| Deed | $180,000 | None Available | |
| Deed | -- | None Available | |
| Gift Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $432,000 | New Conventional | |
| Previous Owner | $222,000 | Commercial |
Source: Public Records
Property History
| 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
| 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
-
Herbert Lewis
-
datacorrect BrightMLS
d
Buyer's Agent in 2026
datacorrect BrightMLS
Non Subscribing Office
-
Cecil Hill, Jr.
Seller's Agent in 2018
Cecil Hill, Jr.
Coldwell Banker (NRT-Southeast-MidAtlantic)
(410) 937-4886
12 in this area
104 Total Sales
-
Leon Funderburk
L
Buyer's Agent in 2018
Leon Funderburk
Total Quality Real Estate LLC
(443) 529-7124
1 in this area
23 Total Sales
Map
Source: Bright MLS
MLS Number: MDHR2050472
APN: 02-019620
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