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ONE Real Estate

broker@1realty.com +1(360) 201-0908

Listed by:John L. Scott, Inc. • Thomas Earnest

$ 1,250,000

Est. payment -/mo

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Active

301 W 3rd ST Aberdeen, WA 98520

8 Beds

14 Baths

10,000 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,000 sqft

Price per Sqft $125

Subdivision West Aberdeen

MLS Listing ID 2553414

Style 56 - 10+ Units

Bedrooms 8

Year Built 1923

Annual Tax Amount $8,990

Lot Size 6,534 Sqft

Lot Dimensions 47X129X48X129

Property Sub-Type Multi Family

Property Description

Excellent opportunity to own a classic two-story, 14-unit multifamily apartment complex in Aberdeen. Built in 1923, this property showcases the charm and character of early 20th-century apartment design while offering functional, diverse living spaces that support strong rental appeal. Conveniently located remarkably close to everyday services, shopping, dining, transit, and local amenities, and situated directly across from a school, this property offers a central location tenants appreciate. The unit mix includes two true studio apartments, six studios with bonus rooms, four one-bedroom units, and two two-bedroom apartments, creating flexibility for a variety of rental needs. With a strong and consistent rental history based on a conservative vacancy rate, this property delivers an attractive cap rate and proven income performance. Its combination of historic character, steady demand, and practical unit variety makes it a compelling option for investors seeking stability, cash flow, and long-term value. Whether you are expanding your portfolio or looking for a well-positioned multifamily asset in an established Aberdeen neighborhood, this 14-unit property is worth a closer look. Buyer to verify all information, financials, zoning, rental history, condition, and due diligence to their satisfaction. Active maintenance in progress. Will provide entry to all Apartments after Mutual. MUST give at least 48+ hrs. time to post notices for ALL showings. Will place RE Sign shortly.

Location

State WA

County Grays Harbor

Area 198 - Aberdeen

Interior

Flooring Hardwood, Laminate, Carpet

Fireplace false

Exterior

Exterior Feature Wood, Wood Products

Amenities Available Cable TV, High Speed Internet

View Y/N Yes

View Territorial

Roof Type Torch Down

Building

Lot Description Corner Lot, Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Mcdermoth Elem

Middle Schools Miller Jnr High

High Schools J M Weatherwax High

School District Aberdeen

Others

Senior Community No

Acceptable Financing Cash, Conventional, See Remarks

Listing Terms Cash, Conventional, See Remarks

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby School & Business

ONE Real Estate

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+1(360) 201-0908

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