$1,250,000
301 W 3rd Street, Aberdeen, WA 98520
10,000 Sq Ft
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MLS #2553414 / Listing provided by NWMLS & John L. Scott, Inc..

$1,250,000

301 W 3rd Street
Aberdeen, WA 98520

Active 23 hours ago
10,000
Sq Ft
$125
Per Sq Ft
1923
Year Built

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.

Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.

Interior Features

Bedrooms

  • Upper Level Bedrooms: 0

Fireplaces

  • Total Fireplaces: 0

Heating & Cooling

  • Heating: Yes
  • Cooling: No
Exterior Features

Parking

  • Garage Spaces: 0
  • Parking Total: 4
  • Total Uncovered Parking Spaces: 4

Structure

  • Roof: Torch Down
  • Exterior Features: Wood, Wood Products
  • Foundation: Poured Concrete

Lot Details

  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • Acres: 0.15
  • Foundation: Poured Concrete
Area Features

Schools

  • High School District: Aberdeen
  • High School: J M Weatherwax High
  • Middle School: Miller Jnr High
  • Elementary School: Mcdermoth Elem

Lot Details

  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • Acres: 0.15
  • Foundation: Poured Concrete
Utilities

Power

  • Energy Source: Electric
  • Power Company: Grays Harbor Co PUD

Water, Sewer, and Garbage

  • Sewer Company: City of Aberdeen
  • Sewer: Sewer Connected
  • Water Company: City of Aberdeen
  • Water Source: Public
  • Water, Sewer, and Garbage: 19805.27
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