About this home

Turnkey Aberdeen multifamily investment with immediate cash flow and additional upside! This fully occupied 7-unit property features six 1 bed/1 bath units and one 2 bed unit, generating approximately $6,920/month in gross rental income with an estimated 6.71% cap rate. Units 5 and 6 offer potential conversion to 2-bedroom layouts, plus a potential 8th one-bedroom unit is already framed in the basement for future completion. Significant improvements include a new roof in 2021, updates throughout the units, new commercial water heater and sewer line in 2023, extensive building and deck reinforcement, exterior paint in 2025, approximately $30k in plumbing repairs/replacements, and mostly updated electrical. Great opportunity for rent increases with upgrades throughout. Fully rented and turn-key with substantial improvements already completed. A unique opportunity to acquire a stabilized multifamily asset with strong existing income and additional value-add potential!

Exterior features

BrickCement/Concrete

Property details

Heating: Wall Furnace
Cooling: None
Flooring: Hardwood, Carpet
Lot: Curbs, Paved, Sidewalk
Water source: Public
Sewer: Sewer Connected

Costs

Annual taxes: $6,367 (2026)

Estimate your monthly payment

$4,575/mo

Principal & interest: $4,045
Property taxes: $531

Down payment (20%) $159,980 Interest rate (%) Loan term (years)

Loan amount $639,920

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Aberdeen, WA 98520

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Spivey Realty Group, LLC— Kevin Spivey.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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