Property Details
919 &9191/2 W Heron Street
Aberdeen, WA 98520
$280,000
Active
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Property Overview
Two homes on one lot—an exceptional opportunity for investors or multi-generational living. This unique property features a charming 3-bedroom, 1-bath main home plus an adorable 1-bedroom cottage, ideal for supplemental rental income. Currently operated as a rental with a strong 7.9% cap rate, already factoring in property management and routine maintenance, and occupied by a long-term tenant. Without property management and routine maintenance the cap rate is 9%. The main home was fully remodeled just a few years ago and offers a light, bright interior. Additional highlights include a detached 2-car garage, convenient alley access, and a versatile layout that supports multiple living or income scenarios. Live in one and rent the other—or maximize returns by enjoying both. A truly flexible property with long-term upside.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Grays Harbor
Neighborhood
Aberdeen
Listed
Jan 30, 2026
Original Price
$290,000
Financial Summary
Cap Rate
9.00%
Net Operating Income
$26,076
Gross Scheduled Income
$31,200
Gross Rent Multiplier
9.29
Total Expenses
$3,564
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
2,256
Leasable Area
2,256 sqft
Total Units
2
Zoning
Residential
Possible Use
Residential
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, Curbs, Paved, Sidewalk
Exterior Features
Wood
Location
City
Aberdeen
County
Grays Harbor
Coordinates
46.96797, -123.82698
Additional Information
Tax Year
2025
Annual Taxes
$2,064
Possession
Array
Based on information submitted to the MLS GRID as of May 27, 2026 4:00 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
