Property Details
521 W 3rd Street
Aberdeen, WA 98520
$400,000
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Property Overview
Well maintained 4-plex in the heart of Aberdeen! Each unit offers 1 bed and 1 bath with a strong rental history, making this a solid investment opportunity. Situated on a desirable corner lot, the property features a new roof and fresh exterior paint for great curb appeal. All units are individually metered for electricity, with gas heat and a gas hot water heater for efficiency. Coin-operated laundry in the basement. A turnkey property ready to add to your portfolio! Add as a package deal with 107 W 4th Street and 215 E 1st St. All In Aberdeen!
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Grays Harbor
Neighborhood
Aberdeen
Listed
Apr 17, 2026
Financial Summary
Cap Rate
5.66%
Net Operating Income
$22,650
Gross Scheduled Income
$41,700
Gross Rent Multiplier
9.50
Total Expenses
$16,968
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
2,928
Leasable Area
2,928 sqft
Total Units
4
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
6,499 sqft
Year Built
1924
Exterior & Lot
Lot Size
0.15 sqft
Year Built
1924
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Corner Lot, Sidewalk
Exterior Features
Wood
Location
City
Aberdeen
County
Grays Harbor
Coordinates
46.97429, -123.82695
Additional Information
Tax Year
2026
Annual Taxes
$3,240
Possession
Array
