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822 Terrace Avenue

Aberdeen, WA 98520
  • $399,000
  • STATUS: Active
  • ID#: 2443561
UPDATED: 60 min ago
$399,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,388
    SQFT
  • $167
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1903
County:
Area:

School Ratings & Info

School District:
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Adelbern Real Estate LLC.
Mortgage Calculator is provided by BoomTown.

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!

Monthly Payment Calculator



IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than TRI STAR Team | RE/MAX NW are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-12-06T10:15:11.347. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-12-06T10:15:11.347. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.tristarteamseattle.com/homes/168746867
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822 Terrace Avenue Aberdeen, WA 98520

  • Price: $399,000
  • Status: Active
  • On Site: Days
  • Updated: 60 min ago
  • ID#: 2443561
0
Beds
0
Baths
0
½ Baths
0.11
Acres
2,388
SQFT
$167
$/SQFT
1903
Built
Neighborhood:
Aberdeen
County:
Grays Harbor
Area:
Aberdeen
School District:
Aberdeen
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!
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Wood Lot Features CurbsPavedSidewalk Open Parking Spaces 4 Open Parking YN Yes Parking Total 4 Parking Uncovered Spaces 4 Roof Composition Structure Type Quadruplex Style Code 54 - 4-Plex View YN No Waterfront YN No

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 2388 Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring HardwoodVinylCarpet Heating BaseboardWall Unit(s) Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities BasementCoin Op Laundry Association Fee 0 Association YN No Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details BlockPoured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventionalFHAVA Loan Net Operating Income 31108 New Construction YN No Possession ClosingSubject to Tenant Rights Possible Use Residential Power Company Grays Harbor PUD Power Production Type Electric Property Condition Good Property Sub Type Multi Family Senior Community YN No Sewer Sewer Connected Sewer Company City of Aberdeen Site Features Cable TVDeckHigh Speed Internet Special Listing Conditions None Tax Annual Amount 2171 Tax Year 2025 Units In Building Total 4 Water Company City of Aberdeen Water Source Public Zoning Description Residential Zoning Jurisdiction City



IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than TRI STAR Team | RE/MAX NW are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-12-06T10:15:11.347. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-12-06T10:15:11.347. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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TRI STAR Team | RE/MAX NW
300 NE 97th Street
Seattle WA, 98115
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Adelbern Real Estate LLC.
Mortgage Calculator is provided by BoomTown.