Property Details

307 N E Street
Aberdeen, WA 98520
$482,000
MLS# 2493620 courtesy of NWMLS Listing firm: Group 7 Inc., Real Estate Serv

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307 N E Street , Aberdeen, WA 98520-2612, Aberdeen

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307 N E Street , Aberdeen, WA 98520-2612, Aberdeen

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Multi-Family
Property Type
2,992
Bldg Sq Ft
4
Units
6.00%
Cap Rate
1908
Year Built

Property Overview

Great 4-plex investment opportunity! Positive cash flow. Rarely a vacancy. Clean 2-story building. Extensively updated in 2013 including roof and foundation. Vinyl windows. Each unit metered separately for power. Conveniently located in high tenant sought after central Aberdeen location; close to shopping, restaurants and most necessary services. Bus stop nearby. A great property for your portfolio or owner occupant with low down payment options.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Grays Harbor
Neighborhood East Aberdeen
Listed Mar 17, 2026
Original Price $488,000
Structure Type Quadruplex
Parcel Number 011200601200

Tax & HOA

Annual Property Tax $2,926 (2026)
Est. Monthly Tax $244/mo

Financial Summary

Cap Rate 6.00%
Net Operating Income $34,448
Gross Scheduled Income $45,600
Gross Rent Multiplier 11.00
Total Expenses $11,536

Building & Use

Building Sq Ft 2,992
Leasable Area 2,992 sqft
Total Units 4
Lot Size 5,602 sqft
Year Built 1908

Exterior & Lot

Lot Size 0.13 sqft
Year Built 1908
Exterior Materials Metal/Vinyl
Sewer Sewer Connected
Water Source Public
Lot Features Alley, Curbs, Paved, Sidewalk
Exterior Features Metal/Vinyl

Community & Access

Directions Hwy 12 into Aberdeen, over the Wishkah River bridge, right (north) on F Street, right on 2nd, left on E St to property on left.

Location

City Aberdeen
County Grays Harbor
Coordinates 46.97981, -123.81548

Additional Information

Tax Year 2026
Annual Taxes $2,926
Possession Array
Listed By
Ed Warnock
Group 7 Inc., Real Estate Serv

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