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Active · Residential Income

215 E 1st Street , Aberdeen, WA 98520

Aberdeen, WA 98520

$1,120,000

— bedrooms · — bathrooms · 0 sq ft

Listing provided by Spivey Realty Group, LLC · MLS #2508321 · Active

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About this property

Hard to find 12-unit apartment building featuring a strong mix of 2 studio units and 10 one-bedroom units. This well maintained property has had recent updated, offering improved condition, modern appeal, and reduced immediate capital needs.It’s producing strong in-place rental numbers, with the rents hitting the 1% rule makes this a solid cash flow type deal for investors looking for performance right away.The seller is also currently offloading 521 W 3rd Street and 107 W 4th Street in Aberdeen, so there’s potential to look at all 3 properties together for a deal or package opportunity.

Property details

Property type
Multi Family
Year built
1924
Lot size
7,841 sq ft
Association dues
$0 · frequency not provided
Annual property tax
$7,464 (2026)
Parking spaces
4
School district
Aberdeen
Northwest MLSMLS GRID

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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Enrique Pelayo Jr., designated broker at The Broker Team in Edmonds, WA

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Enrique Pelayo Jr. · English & Spanishenrique@thebroker.team