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!
Active
Listed by:
Keegan Burmark,
Adelbern Real Estate LLC
$399,000
822 Terrace Avenue, Aberdeen, WA 98520
3beds
4baths
2,388sqft
Est.:
Quadruplex
Built in 1903
-- sqft lot
$-- Zestimate®
$167/sqft
$-- HOA
What's special
Perched above the city
- 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#: 2443561
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
Estimated market value
Not available
Estimated sales range
Not available
$2,203/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/10/2025 | Listed for sale | $399,000+195.6%$167/sqft |
Source: | ||
| 5/4/2019 | Listing removed | $135,000+3.5%$57/sqft |
Source: First Harbor Real Estate, Inc. #1310521 Report a problem | ||
| 8/20/2018 | Sold | $130,400-3.4%$55/sqft |
Source: | ||
| 6/26/2018 | Pending sale | $135,000$57/sqft |
Source: First Harbor Real Estate, Inc. #1310521 Report a problem | ||
| 6/13/2018 | Listed for sale | $135,000+52.8%$57/sqft |
Source: First Harbor Real Estate, Inc. #1310521 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
- 3/10Robert Gray Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 6/10Harbor High SchoolGrades: 7-12Distance: 1.1 mi
- 3/10Aberdeen High SchoolGrades: 9-12Distance: 0.3 mi
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