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Two-Building 8-Unit Apartment Property
For Sale
Contact for pricing
Pending

900 W Heron St, Aberdeen, WA 98520

Fully occupied apartment buildings with two-bedroom layouts, shared laundry, and on-site parking near shopping, dining, and public transportation.

Property Size6,822 SF
Days on Market488

Property Features for 900 W Heron St

General Information

Standard status Pending
Size 6,822 SF
Property subtype Multifamily
Zoning LI
Occupancy 100%
Net Operating Income $123,513

Units

Unit Mix 8 x 2BR/1BA
Multifamily Units 8

Additional Details

Public Transit Yes

Amenities

shared laundry area

Building Details

Year Built 1978
Buildings 2
Stories 2
Units 8
Listing Agency: Compass
Listed By: Lisa Le · License #123519
Source: Crexi
Added: May 5, 2025 Changed: Aug 31 Last Checked: Aug 30 at 7:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

This 6,822-square-foot apartment property consists of two 4-plex buildings with eight fully occupied units. Each unit includes 2 bedrooms and 1 bathroom, with two upper units and two lower units in each building. Built in 1978, the property also provides a shared laundry area and parking on a corner lot. The current use is transitional housing, with the existing configuration also identified for potential conversion to market-rate rentals.

The property is located at 900 W Heron St in Aberdeen, Washington, near shopping, dining, and public transportation. LI zoning is reported for the site. The combination of two separate buildings, consistent unit layouts, and shared resident amenities provides a straightforward multifamily configuration.

Key Highlights

  • Two 4‑plex buildings with 8 total units
  • All 8 units are fully occupied
  • Each unit offers 2 bedrooms and 1 bathroom

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Locksmith Catering Service Home Appliance Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

790
Businesses Nearby

Demographics for 98520, WA

24,086
Population
9,333
Households
2.6
Avg Household Size
41
Median Age
14%
College-Educated
89%
High-School Grad
217.5 sq mi
ZIP Area
111
Density / Sq Mi
$59,744
Median Household Income
$34,591
Median Earnings
$1,034
Median Rent
$237,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied apartment buildings with two-bedroom layouts, shared laundry, and on-site parking near shopping, dining, and public transportation.
Where is this apartment building located?
The property is located at 900 W Heron St Aberdeen, WA.
What are key features of this property?
This property features: Two 4‑plex buildings with 8 total units; All 8 units are fully occupied; Each unit offers 2 bedrooms and 1 bathroom
(425) 242-6440 Call to check price and availability
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