Property Details

521 W 3rd Street
Aberdeen, WA 98520
$400,000
MLS# 2508209 courtesy of NWMLS Listing firm: Spivey Realty Group

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521 W 3rd Street , Aberdeen, WA 98520, Aberdeen

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Multi-Family
Property Type
2,928
Bldg Sq Ft
4
Units
5.66%
Cap Rate
1924
Year Built

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
Listed By
Jessie Stout
Spivey Realty Group

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