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  • Listed by: John L. Scott, Inc. • Thomas Earnest
    $1,250,000

    301 W 3rd Street, Aberdeen, WA 98520

    8beds
    14baths
    10,000sqft
    : 
    $7,415/mo
    Get pre-qualified
    Multi Family
    Built in 1923
    -- sqft lot
    $-- Zestimate®
    $125/sqft
    $-- HOA

    What's special

    Historic characterFunctional diverse living spacesPractical unit variety
    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.
    39 days
    |
    87
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Thomas Earnest,

    John L. Scott, Inc.

    Source: NWMLS as distributed by MLS GRID,MLS#: 2553414MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 14
      Heating
      • Wall Furnace, Electric
      Cooling
      • None
      Features
      • Flooring: Hardwood, Laminate, Carpet
      • Has fireplace: No
      Interior area
      • Total structure area: 10,000
      • Total interior livable area: 10,000 sqft

      Property

      Parking
      • Total spaces: 4
      • Uncovered spaces: 4
      Features
      • Has view: Yes
      • View description: Territorial
      Lot
      • Size: 6,534 Square Feet
      • Dimensions: 47 x 129 x 48 x 129
      • Features: Corner Lot, Curbs, Paved, Sidewalk, Cable TV, High Speed Internet
      Details
      • Parcel number: 029404700100
      • Zoning description: Residential,Jurisdiction: City
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: 10+ Units
      • Property subtype: Multi Family
      Materials
      • Wood Siding, Wood Products
      • Foundation: Poured Concrete
      • Roof: Torch Down
      Condition
      • Good
      • Year built: 1923
      • Major remodel year: 1923

      Utilities & green energy

      • Electric: Company: Grays Harbor Co PUD
      • Sewer: Sewer Connected, Company: City of Aberdeen
      • Water: Public, Company: City of Aberdeen
      • Utilities for property: Various, Various

      Community & HOA

      Community
      • Subdivision: West Aberdeen
      Location
      • Region: Aberdeen

      Financial & listing details

      • Price per square foot: $125/sqft
      • Tax assessed value: $964,764
      • Annual tax amount: $8,990
      • Date on market: 7/12/2026
      • Cumulative days on market: 41 days
      • Listing terms: Conventional,See Remarks

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,275/mo

        Price history

        DateEventPrice
        7/13/2026Listed for sale$1,250,000+14.2%$125/sqft
        Source: NWMLS as distributed by MLS GRID #2553414 Report a problem
        4/30/2024Sold$1,095,000$110/sqft
        Source: NWMLS as distributed by MLS GRID #2202164 Report a problem
        3/4/2024Pending sale$1,095,000$110/sqft
        Source: NWMLS as distributed by MLS GRID #2202164 Report a problem
        2/22/2024Listed for sale$1,095,000+123.5%$110/sqft
        Source: NWMLS as distributed by MLS GRID #2202164 Report a problem
        9/11/2020Sold$490,000-14.8%$49/sqft
        Source: NWMLS as distributed by MLS GRID #1601803 Report a problem
        8/28/2020Pending sale$575,000$58/sqft
        Source: Oly Pen Real Estate #1601803 Report a problem
        8/18/2020Listed for sale$575,000$58/sqft
        Source: Oly Pen Real Estate #1601803 Report a problem
        8/10/2020Pending sale$575,000$58/sqft
        Source: Oly Pen Real Estate #1601803 Report a problem
        7/27/2020Listed for sale$575,000$58/sqft
        Source: Oly Pen Real Estate #1601803 Report a problem
        6/23/2020Pending sale$575,000$58/sqft
        Source: Oly Pen Real Estate #1601803 Report a problem
        6/20/2020Listed for sale$575,000$58/sqft
        Source: Oly Pen Real Estate #1601803 Report a problem
        5/30/2020Pending sale$575,000$58/sqft
        Source: Oly Pen Real Estate #1601803 Report a problem
        5/14/2020Listed for sale$575,000-11.5%$58/sqft
        Source: Oly Pen Real Estate #1601803 Report a problem
        3/29/2020Listing removed$650,000$65/sqft
        Source: Home Sweet Home Property Mgmt #1577832 Report a problem
        3/15/2020Pending sale$650,000$65/sqft
        Source: Home Sweet Home Property Mgmt #1577832 Report a problem
        3/14/2020Listed for sale$650,000+85.7%$65/sqft
        Source: Home Sweet Home Property Mgmt #1577832 Report a problem
        10/31/2016Sold$350,000-29.1%$35/sqft
        Source: NWMLS as distributed by MLS GRID #972197 Report a problem
        7/16/2015Listing removed$494,000$49/sqft
        Source: MLS4owners.com #771962 Report a problem
        4/18/2015Listed for sale$494,000-4.6%$49/sqft
        Source: MLS4owners.com #771962 Report a problem
        2/10/2011Listing removed$518,000$52/sqft
        Source: Prudential Real Estate #17599 Report a problem
        2/4/2010Listed for sale$518,000+67.1%$52/sqft
        Source: Prudential Real Estate #17599 Report a problem
        4/19/2006Sold$310,000$31/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$9,242 +67.7%$964,764 +48%
        2023$5,513 -16.4%$651,684
        2022$6,598 +21.5%$651,684 +39.9%
        2021$5,430 +3.3%$465,910 +13.7%
        2020$5,258 +18%$409,606 +19.1%
        2019$4,454 $344,047 +10.4%
        2018$4,454 +3.5%$311,636 +14.9%
        2017$4,303 -1.1%$271,135 -4.7%
        2016$4,351 $284,635 -3.5%
        2014$4,351 +0.8%$294,945 -0.5%
        2013$4,318 +7%$296,570 -3.7%
        2011$4,037 +2.1%$308,000
        2010$3,955 +17.3%$308,000
        2009$3,372 +1.8%$308,000 +28.3%
        2008$3,312 $240,000
        2007$3,312 -4.7%$240,000
        2006$3,477 -4.5%$240,000
        2005$3,643 +2.8%$240,000 +4.3%
        2004$3,544 +4.5%$230,000
        2003$3,392 +15.3%$230,000
        2002$2,943 +1.1%$230,000 +0.1%
        2001$2,910 -4.7%$229,800 +14.9%
        2000$3,053 $200,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 98520

        Getting around

        84 / 100
        Very Walkable
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Mcdermoth Elem
        • Middle: Miller Jnr High
        • High: J M Weatherwax High

        Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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