816 W Marion Street Aberdeen, WA $ 3,150,000
816 W Marion Street
$ 3,150,000
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816 W Marion Street

Aberdeen, WA, 98520
$ 3,150,000
Baths0.0 Sq 21,600

Monthly Estimate*

$ 19,652

Listed by Westlake Associates, Inc.
816 W Marion Street, Aberdeen, WA 98520 - Image 1
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816 W Marion Street, Aberdeen, WA 98520 - Image 9
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816 W Marion Street, Aberdeen, WA 98520 - Image 12
816 W Marion Street, Aberdeen, WA 98520 - Image 13
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816 W Marion Street, Aberdeen, WA 98520 - Image 18
Studio

Multi-Family Home for sale in Aberdeen, WA

for $3,150,000. This 21,600 square foot home was built in 1978 on a lot size of 1.48.

This is part of a 56-Unit Portfolio Opportunity. Can be purchased together as a portfolio, or separately. See MLS #2447041. Alder Creek Apartments is a six-building, garden-style community of 24 homes along West Marion Street in South Aberdeen, minutes to US 101 and US 12. There are three parcels numbers for this property. Each residence is a 900-square-foot 2-bed, 1-bath layout with a private deck, a walk-in closet off the primary bedroom, personal storage, and off-street parking, with coin-operated laundry serving each fourplex. The property has received $217,382 in recent capital improvements, including roof replacements (Oct 2024) exterior painting (Sept 2024), and asphalt paving replacement (May 2018).

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Multi-Family Active

Price

$ 3,150,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 13,100

Style

10+ Units

Lot Size

1.48

Year Built

1978

Town/City

Aberdeen

County/Region

Grays Harbor

MLS | Web ID

2447101

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Year Built 1978
Property Subtype Multi Family
Tax Year 2025
County Grays Harbor
Net Operating Income 183276
Insurance Expense 9300
New Construction N
Property Type Residential Income
HOA N
Subdivision Name South Aberdeen
Special Listing Conditions None
Status Active
Directions Take US-101 S to Aberdeen. Continue on US-12 W. Take the Scott St exit in Aberdeen. Continue on WA-105 S/ N Boone St. Right on W Marion St. Site on right.
City Aberdeen
Senior Community Y/N N
High School District Aberdeen
Open Parking Spaces 30
Number Of Units Total 24
MLS Area 198 - Aberdeen
Lot Size Units Square Feet
Lot Size Square Feet 64469
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Tax Annual Amount 13100
Electric Expense 0
Fuel Expense 0
Public Remarks This is part of a 56-Unit Portfolio Opportunity. Can be purchased together as a portfolio or separately. See MLS #2447041. Alder Creek Apartments is a six-building garden-style community of 24 home
Leasable Area 21600
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry
Units Below Grade false
Units In Building Total 24
Water Sewer Garbage 33324
Property Style 56 - 10+ Units
Cap Rate 5.82
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Exterior
Exterior Amenities Wood
Lot Features Adjacent to Public Land Paved
Total Parking 30
Building Area Total 21600
Lot Size Acres 1.48
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 30
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Interior
Flooring Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 2
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 NWM2447101
Street Number 1 816
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* Excluded Features
List By
Reid Jones

Listing Agent

Westlake Associates, Inc.

Broker

Affordability Calculator

$20,744
Per Month
95%
5%
0%
Monthly Principal & Interest
$19,652
Monthly Property Taxes
$1,092
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
10/21/2025$3,150,000 Listed Price

Map


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816 W Marion Street, Aberdeen, WA, 98520 is a Multi-Family Home for sale at $3,150,000 with 21,600 sqft and a lot size of 1.48. 816 W Marion Street is a studio with 0.0 baths and was built in 1978. The property's zip code is 98520 which is in Aberdeen, WA