211 E 3rd Street, Aberdeen, WA 98520

Property Description

Excellent investment opportunity! Fully occupied! Viewing after mutual acceptance! Unit 1 2300/mo, Unit 2 1350, Unit 3 1600. Assumable loan with 100k down, OAC (25 year am, 6% interest, 3500/mo)! 2 of the 3 rents cover the mortgage! Live in one, rent the others out while building equity and living practically for free. Add instant equity, cash flowing property to your portfolio without a bank to do it! 8.86% cap rate. The spacious main-floor unit offers 1,633 sq ft with 3 bedrooms and 1 bath and is currently available. The middle floor features 1,491 sq ft with 3 bedrooms and 1 bath, while the top unit offers 1,042 sq ft with 2 bedrooms and 1 bath—both upper units have reliable long-term tenants in place. Unit 3 also boasts a balcony with a water view. A detached three-stall garage provides covered parking or storage for each tenant, plus additional off-street parking. A brand-new roof has just been installed, adding extra value and peace of mind. Ideally located near the downtown core, with easy access to schools, and shopping - and outside the flood plain!

Listing Status:

Active

Data Last Updated:

April 5, 2026 at 7:21AM

Listing Office:

Spivey Realty Group, LLC : 360-519-6886

Listing Agent:

Kevin Spivey : 360-519-6886

MLS ID:

2421166

Interior

• Flooring: LaminateCarpet
• A/C: None
• Heating: Forced Air
• Fireplace: Fireplaces: 0

Exterior

• General: Wood
• Parking: Parking spaces: 7

Construction

• Roofing: Composition
• General: 53 - Tri-plexPillar/Post/PierPoured Concrete

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Aberdeen
• County: Grays Harbor

Lot

• Zoning: 029300800400
• View: CityView

Utilities

• Sewer: Sewer Connected

Financial

• Source: nwmls