301 W 3rd St

Aberdeen, WA 98520
  • $1,250,000

    Price
  • 8

    Bed
  • 14

    Bath
  • 8,000

    SqFt

About the Listing 9817 - 140046

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.

Listing Highlights

Status Active
Days on Site 3
Property Type Multi-Family
MLS ® 2553414
Year Built 1923
Total Square Footage 8,000
Lot/Acreage 0.15
County Grays Harbor
Building Name Weatherwax & Benn's 2nd Addition to Aberdeen
Neighborhood West Aberdeen
School District Aberdeen
Elementary School Mcdermoth Elementary
Middle School Miller Junior High
High School J M Weatherwax High

Interior Details

  • Bedrooms: 8
  • Bathrooms: 14 Full
  • Appliances:
  • Air Cond:
  • Heating: Wall Furnace
  • Fireplaces: 0
  • Floor: Hardwood,Laminate,Carpet
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: City of Aberdeen

Exterior Details

  • Lot Description: Corner Lot,Curbs,Paved,Sidewalk,Cable TV,High Speed Internet,Zoning: Residential
  • Garage Capacity: N/A
  • Parking Spaces: 4
  • Lot Dimensions: 47X129X48X129
  • Zoning: Residential
  • Roof: Torch Down
  • Others: Wood,Wood Products,Good
  • Sewer: City of Aberdeen

Financial Details

  • Tax Amount: $8,990
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 029404700100
  • Tax Year: 2026

Payment Calculator

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301 W 3rd St Aberdeen, WA 98520

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Originating MLS: nwmls

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Adam Wenzel

| Wenzel Homes | Fathom Realty

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