521 W 3rd Street, Aberdeen, WA 98520

$385,000
2,928
SqFt

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Listing courtesy of Spivey Realty Group, LLC.

List Price
$385,000
Status
ACTIVE
MLS#
2508209
Price Change
▼ $15,000 1780974702
Days on Market
103
Style
54 - 4-Plex
Finished SqFt
2,928
Area Total SqFt
2928
Annual Tax Ammount
3240
Lot Size (sq ft)
6,500
Sewer
Sewer Connected

Property Description

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!

Additional Information

List Date
2026-04-17 15:41:13
Community
Aberdeen
Net Operating Income
$22,650
Gross Adjusted Income
$39,615
Gross Scheduled Income
$41,700
Total Monthly Income
$3,475
Insurance Expenses
$2,700
Water/Sewer/Garbage Expenses
$6,000
Gross Rent Multiplier
9.5
Total Expenses
$16,968
Cap Rate
5.66
Vacancy Rate
5
Total Number of Units
4
Unit Name
521
Potential Terms
Cash, Conventional, VA Loan
Year Built
1924
Roof
Composition
Site Features
Gas Available
Electric Expenses
2928
Energy Source
Electric, Natural Gas
School District
Aberdeen
Elementary School
Buyer To Verify
Middle School
Miller Jnr High
High School
J M Weatherwax High
Total Monthly Income
$3,475
Gross Scheduled Income
$41,700
Vacancy Rate
5
Gross Adjusted Income
$39,615
Tax Year
2026
Insurance Expense
$2,700
W/S/G Expenses
$6,000
Total Expenses
$16,968
Net Operating Income
$22,650
Gross Rent Multiplier
9.5
Cap Rate
5.66
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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