919 &9191/2 W Heron Street, Aberdeen, WA 98520

$280,000
2,256
SqFt

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Listing courtesy of Oak & Stone Realty Group LLC.

List Price
$280,000
Status
ACTIVE
MLS#
2473314
Price Change
▼ $10,000 1779915532
Days on Market
179
Style
52 - Duplex
Finished SqFt
2,256
Area Total SqFt
2256
Annual Tax Ammount
2064
Lot Size (sq ft)
6,500
Sewer
Sewer Connected

Property Description

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.

Additional Information

List Date
2026-01-30 15:58:12
Community
Aberdeen
Net Operating Income
$26,076
Gross Adjusted Income
$29,640
Gross Scheduled Income
$31,200
Total Monthly Income
$2,600
Insurance Expenses
$1,500
Gross Rent Multiplier
9.29
Total Expenses
$3,564
Cap Rate
9
Vacancy Rate
5
Total Number of Units
2
Unit Name
919 &9191/2
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1924
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially, High Speed Internet
Energy Source
Electric
School District
Aberdeen
Elementary School
Buyer To Verify
Middle School
Miller Jnr High
High School
J M Weatherwax High
Total Monthly Income
$2,600
Gross Scheduled Income
$31,200
Vacancy Rate
5
Gross Adjusted Income
$29,640
Tax Year
2025
Insurance Expense
$1,500
Total Expenses
$3,564
Net Operating Income
$26,076
Gross Rent Multiplier
9.29
Cap Rate
9
Based on information submitted to the MLS GRID as of . 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.
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