309 E 2nd, Aberdeen, WA 98520

$450,000
2,592
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of WEICHERT, Realtors Reynolds RE.

List Price
$450,000
Status
ACTIVE
MLS#
2554246
Days on Market
13
Style
54 - 4-Plex
Building Condition
Good
Finished SqFt
2,592
Area Total SqFt
2592
Annual Tax Ammount
2482
Lot Size (sq ft)
6,534
Sewer
Sewer Connected

Property Description

This is a great opportunity for the investor capable of looking past the 2025 numbers and ahead to the great potential for growth in 2026. All units are currently occupied and are on no lease, month to month agreements. Lots of work and updates have been done over the years leaving the future owner with low maintenance costs. Fresh exterior paint, lots of new siding, new porch, new entry doors, 3 of the units have been remodeled in the last 2 years, detached shed with W/D hook up for potential supplemental income, all new exterior electrical from meters to utility pole.

Additional Information

List Date
2026-07-13 19:13:12
Community
Aberdeen
Net Operating Income
$30,596
Gross Adjusted Income
$45,240
Gross Scheduled Income
$45,240
Total Monthly Income
$3,770
Insurance Expenses
$3,493
Water/Sewer/Garbage Expenses
$5,775
Gross Rent Multiplier
9.95
Total Expenses
$14,644
Cap Rate
6.8
Total Number of Units
4
Unit Name
309
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1976
View
City
Roof
Composition
Site Features
Cable TV, High Speed Internet
Other Expenses
2894
Energy Source
Electric
School District
Aberdeen
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$3,770
Gross Scheduled Income
$45,240
Gross Adjusted Income
$45,240
Tax Year
2025
Insurance Expense
$3,493
W/S/G Expenses
$5,775
Total Expenses
$14,644
Net Operating Income
$30,596
Gross Rent Multiplier
9.95
Cap Rate
6.8
Based on information submitted to the MLS GRID as of . 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks