822 Terrace Avenue, Aberdeen, Washington 98520

WA, Aberdeen
$399,000
  • 2,388 Sqft
  • Residential Income Property Type
  • 1903 Year Built
  • Canceled Status
Property Description

NO FLOOD INSURANCE! Cash flowing fourplex with an in-place 7.8% cap rate. Great location perched above the city. Very low turnover since rents are so affordable. Room to raise rents as well. Roof was new in 2018 and the building was recently painted. There is a shared coin operated washer and dryer in the basement. This is a great price for a great investment. Get it now before it’s gone!

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2443561
  • Price: $399,000
  • Square Footage: 2,388 Sqft
  • Year Built: 1903
  • Lot Area: 0.11 Acre
  • Status: Canceled
  • Office Name: Adelbern Real Estate LLC
  • Agent Name: Keegan Burmark
  • Property Sub Type: Multi Family
  • Roof: Composition
Features
  • Heating System Baseboard, Wall Unit(s)
  • Cooling System None
  • Exterior Features Wood
  • Flooring Hardwood, Carpet, Vinyl
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Grays Harbor
  • City Aberdeen
  • Zipcode 98520
  • Street: Terrace
  • Street Number: 822
  • Street Suffix: Avenue
  • Longitude: W124° 11' 10.5''
  • Latitude: N46° 58' 59.6''
  • Directions: From Wishkah, take F St North. Veer right onto Terrace. Home is on the right.
  • Mls Area Major: 198 - Aberdeen
Neighborhood
  • High School District: Aberdeen
Additional Information
  • Water Source: Public
  • Stories Total: 3
  • Possible Use: Residential
  • On Market Date: 2025-10-09
  • Number Of Units Total: 4
  • Lot Features: Paved, Curbs, Sidewalk
  • Foundation Details: Poured Concrete, Block
  • Construction Materials: Wood
Financial
  • Tax Annual Amount: 2171
Listing Information
  • List Agent Mls Id: 104927
  • List Office Mls Id: 7895
  • Listing Term: Cash Out,Conventional,FHA,VA Loan
  • Mls Status: Cancelled
  • Modification Timestamp: 2025-12-19T18:31:10Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2025-12-19T18:28:14Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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