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.
Active
Listed by: John L. Scott, Inc. • Thomas Earnest
$1,250,000
301 W 3rd Street, Aberdeen, WA 98520
8beds
14baths
10,000sqft
Multi Family
Built in 1923
-- sqft lot
$-- Zestimate®
$125/sqft
$-- HOA
What's special
Historic characterFunctional diverse living spacesPractical unit variety
- --
- on Zillow
- 66
- views
- 3
- saves
Zillow last checked:
Listing updated:
Listed by:
Thomas Earnest,
John L. Scott, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2553414
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: $1,000,145
- Annual tax amount: $8,990
- Date on market: 7/13/2026
- Listing terms: Conventional,See Remarks
Estimated market value
Not available
Estimated sales range
Not available
$1,269/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/13/2026 | Listed for sale | $1,250,000+14.2%$125/sqft |
Source: | ||
| 4/30/2024 | Sold | $1,095,000$110/sqft |
Source: | ||
| 3/4/2024 | Pending sale | $1,095,000$110/sqft |
Source: | ||
| 2/22/2024 | Listed for sale | $1,095,000+123.5%$110/sqft |
Source: | ||
| 9/11/2020 | Sold | $490,000-14.8%$49/sqft |
Source: | ||
| 8/28/2020 | Pending sale | $575,000$58/sqft |
Source: Oly Pen Real Estate #1601803 Report a problem | ||
| 8/18/2020 | Listed for sale | $575,000$58/sqft |
Source: Oly Pen Real Estate #1601803 Report a problem | ||
| 8/10/2020 | Pending sale | $575,000$58/sqft |
Source: Oly Pen Real Estate #1601803 Report a problem | ||
| 7/27/2020 | Listed for sale | $575,000$58/sqft |
Source: Oly Pen Real Estate #1601803 Report a problem | ||
| 6/23/2020 | Pending sale | $575,000$58/sqft |
Source: Oly Pen Real Estate #1601803 Report a problem | ||
| 6/20/2020 | Listed for sale | $575,000$58/sqft |
Source: Oly Pen Real Estate #1601803 Report a problem | ||
| 5/30/2020 | Pending sale | $575,000$58/sqft |
Source: Oly Pen Real Estate #1601803 Report a problem | ||
| 5/14/2020 | Listed for sale | $575,000-11.5%$58/sqft |
Source: Oly Pen Real Estate #1601803 Report a problem | ||
| 3/29/2020 | Listing removed | $650,000$65/sqft |
Source: Home Sweet Home Property Mgmt #1577832 Report a problem | ||
| 3/15/2020 | Pending sale | $650,000$65/sqft |
Source: Home Sweet Home Property Mgmt #1577832 Report a problem | ||
| 3/14/2020 | Listed for sale | $650,000+85.7%$65/sqft |
Source: Home Sweet Home Property Mgmt #1577832 Report a problem | ||
| 10/31/2016 | Sold | $350,000-29.1%$35/sqft |
Source: | ||
| 7/16/2015 | Listing removed | $494,000$49/sqft |
Source: MLS4owners.com #771962 Report a problem | ||
| 4/18/2015 | Listed for sale | $494,000-4.6%$49/sqft |
Source: MLS4owners.com #771962 Report a problem | ||
| 2/10/2011 | Listing removed | $518,000$52/sqft |
Source: Prudential Real Estate #17599 Report a problem | ||
| 2/4/2010 | Listed for sale | $518,000+67.1%$52/sqft |
Source: Prudential Real Estate #17599 Report a problem | ||
| 4/20/2006 | Sold | $310,000$31/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,990 -2.7% | $1,000,145 +3.7% |
| 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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Neighborhood: 98520
Nearby schools
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.







