1111 W Market Street, Aberdeen, WA 98520 (MLS # 2511492)

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Listing provided courtesy of Northwest MLS; BHGRE - Northwest Home Team

PRICE $1,190,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 5,808 sqft
LOT SIZE 13,068 sqft

Turnkey 8-Unit Investment Opportunity - Fully Updated & Professionally ManagedThis beautifully maintained 8-unit multifamily property offers investors a rare opportunity to acquire a truly hands-off asset with strong in-place income and extensive capital improvements already completed. Designed for long-term performance and low maintenance ownership, this building reflects consistent pride of ownership and quality upgrades throughout.Many units have been thoughtfully updated with durable luxury vinyl plank (LVP) flooring, fresh interior paint, and new water heaters, providing modern appeal while minimizing future capital expenses. Most units feature upgraded wall-mounted electric heating systems, enhancing efficiency and tenant comfort.Ownership has taken a proactive approach to maintenance, completing improvements as needed using only high-quality materials and workmanship. Exterior upgrades include new iron railings for each unit's patio, enhancing both safety and aesthetic appeal, along with a recently resurfaced parking lot featuring a new top coat and fresh striping, delivering excellent curb appeal and functionality.The property is professionally managed with rents already at or above current market levels, allowing a new owner to step into immediate, stabilized cash flow. Additional income streams include rentable storage closets and a coin-operated washer and dryer, further strengthening overall returns.This is a true turnkey investment

LAST UPDATED 4/29/2026 TRACT Aberdeen
YEAR BUILT 1978 COMMUNITY Aberdeen
COUNTY Grays Harbor STATUS Active
PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School A J West Elem
High School Harbor High


ADDITIONAL DETAILS
AIR None
AREA 198 - Aberdeen
CONSTRUCTION Wood Siding
HEAT Electric, Forced Air
LOT 0.3 acre(s)
LOT DESCRIPTION Paved, Sidewalk
MLS STATUS Active
STORIES 2
STYLE 55 - 5-9 Units
SUBDIVISION Aberdeen
TAXES 7689
UTILITIES Sewer Connected
WATER Public
ZONING Multi-Family
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 4/30/26 1:46 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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