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  • Listed by: 

    Keegan Burmark,

    Adelbern Real Estate LLC

    $399,000

    822 Terrace Avenue, Aberdeen, WA 98520

    3beds
    4baths
    2,388sqft
    : 
    Quadruplex
    Built in 1903
    -- sqft lot
    $-- Zestimate®
    $167/sqft
    $-- HOA

    What's special

    Perched above the city
    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!
    61 days
    |
    259
    |
    11
    |

    Zillow last checked: 8 hours ago

    Listing updated: October 09, 2025 at 09:28pm

    Offers reviewed: Oct 14
    Listed by:

    Keegan Burmark,

    Adelbern Real Estate LLC

    Source: NWMLS,MLS#: 2443561MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    Heating
    • Baseboard, Wall Unit(s), Electric
    Cooling
    • None
    Features
    • Flooring: Hardwood, Vinyl, Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 2,388
    • Total interior livable area: 2,388 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Open
    • Uncovered spaces: 4
    Lot
    • Size: 4,809.02 Square Feet
    • Features: Curbs, Paved, Sidewalk, Cable TV, Deck, High Speed Internet
    Details
    • Parcel number: 015002200801
    • Zoning description: Residential,Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Wood Siding
    • Foundation: Block, Poured Concrete
    • Roof: Composition
    Condition
    • Good
    • Year built: 1903

    Utilities & green energy

    • Electric: Company: Grays Harbor PUD
    • Sewer: Sewer Connected, Company: City of Aberdeen
    • Water: Public, Company: City of Aberdeen

    Community & HOA

    Community
    • Subdivision: Aberdeen
    Location
    • Region: Aberdeen

    Financial & listing details

    • Price per square foot: $167/sqft
    • Tax assessed value: $226,609
    • Annual tax amount: $2,171
    • Offers reviewed: 10/14/2025
    • Date on market: 10/9/2025
    • Cumulative days on market: 89 days
    • Listing terms: Cash Out,Conventional,FHA,VA Loan
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    $2,203/mo

    Price history

    Price history
    DateEventPrice
    10/10/2025Listed for sale$399,000+195.6%$167/sqft
    Source: NWMLS #2443561 Report a problem
    5/4/2019Listing removed$135,000+3.5%$57/sqft
    Source: First Harbor Real Estate, Inc. #1310521 Report a problem
    8/20/2018Sold$130,400-3.4%$55/sqft
    Source: NWMLS #1310521 Report a problem
    6/26/2018Pending sale$135,000$57/sqft
    Source: First Harbor Real Estate, Inc. #1310521 Report a problem
    6/13/2018Listed for sale$135,000+52.8%$57/sqft
    Source: First Harbor Real Estate, Inc. #1310521 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$2,171 +13.2%$226,609
    2023$1,917 -16.4%$226,609
    2022$2,294 +23.5%$226,609 +42.1%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $2,349/mo
    Principal & interest
    $1943
    Property taxes
    $266
    Home insurance
    $140

      Climate risks

      Neighborhood: 98520

      Nearby schools

      GreatSchools rating

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