Property Details

409 N M Street
Aberdeen, WA 98520
$375,000
MLS# 2456376 courtesy of NWMLS Listing firm: First Harbor Real Estate, Inc.

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409 N M Street , Aberdeen, WA 98520, Aberdeen

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409 N M Street , Aberdeen, WA 98520, Aberdeen

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Multi-Family
Property Type
2,944
Bldg Sq Ft
2
Units
5.13%
Cap Rate
1924
Year Built

Property Overview

Spacious duplex with 2944± sq ft in a central location near schools, shopping, parks, and just minutes from the bay and ocean beaches. Each side offers a 2 bedroom, 1.5 bath layout, and both units are currently occupied, giving you income from day one. This is a great opportunity whether you’re looking to add to your investment portfolio or live in one side and rent the other to help supplement your mortgage. Roof was replaced in 2017, and the property’s size and location make it a solid long-term hold. Out of the floodzone.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Grays Harbor
Neighborhood Aberdeen
Listed Nov 19, 2025
Structure Type Duplex
Parcel Number 029405101201

Tax & HOA

Annual Property Tax $2,090 (2025)
Est. Monthly Tax $174/mo

Financial Summary

Cap Rate 5.13%
Net Operating Income $19,258
Gross Scheduled Income $28,000
Gross Rent Multiplier 13.39
Total Expenses $8,742

Building & Use

Building Sq Ft 2,944
Leasable Area 3,156 sqft
Total Units 2
Zoning Residential
Possible Use Residential
Lot Size 1,999 sqft
Year Built 1924

Exterior & Lot

Lot Size 0.05 sqft
Year Built 1924
Exterior Materials Wood
Sewer Sewer Connected
Water Source Public
Lot Features Paved, Sidewalk
Exterior Features Wood

Community & Access

Directions : Hwy 12 to Aberdeen. Left onto E Wishkah St. Right on South M Street. Destination on the left.

Location

City Aberdeen
County Grays Harbor
Coordinates 46.97588, -123.82559

Additional Information

Tax Year 2025
Annual Taxes $2,090
Possession Array
Listed By
Kristi Norberg
First Harbor Real Estate, Inc.

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