822 Terrace Avenue Aberdeen, WA $ 399,000
822 Terrace Avenue
$ 399,000
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822 Terrace Avenue

Aberdeen, WA, 98520
$ 399,000
Baths0.0 Sq 2,388

Monthly Estimate*

$ 2,489

Listed by Adelbern Real Estate LLC
822 Terrace Avenue, Aberdeen, WA 98520 - Image 1
822 Terrace Avenue, Aberdeen, WA 98520 - Image 2
822 Terrace Avenue, Aberdeen, WA 98520 - Image 3
822 Terrace Avenue, Aberdeen, WA 98520 - Image 4
822 Terrace Avenue, Aberdeen, WA 98520 - Image 5
822 Terrace Avenue, Aberdeen, WA 98520 - Image 6
822 Terrace Avenue, Aberdeen, WA 98520 - Image 7
822 Terrace Avenue, Aberdeen, WA 98520 - Image 8
822 Terrace Avenue, Aberdeen, WA 98520 - Image 9
822 Terrace Avenue, Aberdeen, WA 98520 - Image 10
822 Terrace Avenue, Aberdeen, WA 98520 - Image 11
822 Terrace Avenue, Aberdeen, WA 98520 - Image 12
Studio

Multi-Family Home for sale in Aberdeen, WA

for $399,000. This 2,388 square foot home was built in 1903 on a lot size of 0.1104.

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!

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Multi-Family Active

Price

$ 399,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,171

Style

4-Plex

Lot Size

0.1104

Year Built

1903

Town/City

Aberdeen

County/Region

Grays Harbor

MLS | Web ID

2443561

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard Wall Unit(s)
Cooling None
Possession Closing Subject to Tenant Rights
Roof Composition
HOA Fee 0
Year Built 1903
Property Subtype Multi Family
Tax Year 2025
County Grays Harbor
Net Operating Income 31108
Insurance Expense 2170
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Aberdeen
Possible Use Residential
Special Listing Conditions None
Status Active
Directions From Wishkah take F St North. Veer right onto Terrace. Home is on the right.
City Aberdeen
Senior Community Y/N N
High School District Aberdeen
Zoning Description Residential
Open Parking Spaces 4
Number Of Units Total 4
MLS Area 198 - Aberdeen
Lot Size Units Square Feet
Lot Size Square Feet 4807
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional FHA VA Loan
Tax Annual Amount 2171
Electric Expense 1332
Fuel Expense 0
Property Condition Good
Public Remarks 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. Roo
Leasable Area 2388
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities Basement Coin Op Laundry
Water Company City of Aberdeen
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 5519
Property Style 54 - 4-Plex
Cap Rate 7.8
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Exterior
Exterior Amenities Wood
Lot Features Curbs Paved Sidewalk
Water Source Public
Total Parking 4
Foundation Details Block Poured Concrete
Building Area Total 2388
Lot Size Acres 0.1104
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Deck High Speed Internet
Parking Uncovered Spaces 4
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Interior
Flooring Hardwood Vinyl Carpet
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2443561
Street Number 1 822
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* Excluded Features
List By
Keegan Burmark

Listing Agent

Adelbern Real Estate Llc

Broker

Affordability Calculator

$2,670
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,489
Monthly Property Taxes
$181
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258820 Elementary School
258681 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/10/2025$399,000 Listed Price

Map


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822 Terrace Avenue, Aberdeen, WA, 98520 is a Multi-Family Home for sale at $399,000 with 2,388 sqft and a lot size of 0.1104. 822 Terrace Avenue is a studio with 0.0 baths and was built in 1903. The property's zip code is 98520 which is in Aberdeen, WA