Listing provided courtesy of Spivey Realty Group, LLCNWMLSas Distributed by MLSGrid- MLS# NWM2508321
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Request Info215 E 1st StreetAberdeen, WA 98520
Multi-Family · 10 Beds · 9,240 Sq. ft. | 0.18 Acres$1,120,000
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215 E 1st Street Overview
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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.
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215 E 1st Street Facts & Features
- Type Multi-Family
- Sq. ft. 9,240
- Price/Sq.ft. $121
- Lot 0.18 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Aberdeen
- Elementary School: Buyer To Verify
- Middle Or Junior School: Miller Jnr High
- High School: J M Weatherwax High
Income/Expenses
- Other Expense: 0
- Electric Expense: 840
- Fuel Expense: 0
- Gross Scheduled Income: 134700
- Insurance Expense: 11112
- Net Operating Income: 95949
- Total Expenses: 32016
- Total Monthly Income: 11225
- Water/Sewer/Garbage: 12600
Building Information
- New Construction: No
- Year Built: 1924
Location/Region
- Country: US
- County Or Parish: Grays Harbor
- MLS Area Major: 198 - Aberdeen
- Subdivision Name: Aberdeen
Tax Information
- Tax Annual Amount: $7,464.00
- Tax Year: 2026
General Information
- Listing Terms: Cash, Conventional
- Parcel Number: 029301000300
- Possible Use: Multi-Family
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Parking Information
- Garage Spaces: 0
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 9240
- Building Area Units: Square Feet
- Calculated Square Footage: 9240
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Vinyl, Carpet
- Heating: Yes
- Leasable Area: 9240
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Stories Total: 2
Exterior
Parking Information
- Open Parking: No
- Parking Total: 4
- Parking Uncovered Total: 4
Lot Information
- Irrigation Water Rights: No
- Lot Features: Paved, Sidewalk
- Lot Size Acres: 0.18
- Lot Size Square Feet: 7841
- Lot Size Units: Square Feet
- Site Features: Deck
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- View: No
- Waterfront: No
Building Exterior/Construction
- Roof: Flat, Torch Down
- Structure Type: Multi Family
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 0
- Exterior Features: Wood
- Number Of Units Total: 12
- Sewer: Sewer Connected
Unit Information
Unit 5 Details
- Actual Rent: 850
- Beds Total: 0
- Baths Total: 1
Unit 11 Details
- Actual Rent: 850
- Beds Total: 0
- Baths Total: 1
Unit 12 Details
- Actual Rent: 925
- Beds Total: 1
- Baths Total: 1
Unit 6 Details
- Actual Rent: 925
- Beds Total: 1
- Baths Total: 1
Unit 7 Details
- Actual Rent: 925
- Beds Total: 1
- Baths Total: 1
Unit 1 Details
- Actual Rent: 925
- Beds Total: 1
- Baths Total: 1
Unit 2 Details
- Actual Rent: 925
- Beds Total: 1
- Baths Total: 1
Unit 4 Details
- Actual Rent: 925
- Beds Total: 1
- Baths Total: 1
Unit 10 Details
- Actual Rent: 925
- Beds Total: 1
- Baths Total: 1
Unit 3 Details
- Actual Rent: 950
- Beds Total: 1
- Baths Total: 1
Unit 8 Details
- Actual Rent: 950
- Beds Total: 1
- Baths Total: 1
Unit 9 Details
- Actual Rent: 950
- Beds Total: 1
- Baths Total: 1
215 E 1st Street Neighborhood
Community
98520 (Aberdeen) Demographics
39
Median Age
93
Population Density (per sq. mile)
25%
College Educated
$50,022
Estimated Median Income
5,133
Estimated Total Home Owners
3,511
Estimated Total Renters
59% / 41%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.215 E 1st Street Monthly Cost
215 E 1st Street Market Data
Based on the last 30 days in this zip code
$343,212
Average List Price
$175
Average Price per Square Foot
24
Properties Sold
94
Average Days on Market
152
Properties for Sale
215 E 1st Street History
| Date | Value | Agent |
|---|---|---|
| 6/8/2026Source: NWMLS | $1,120,000 -2.6% |
|
| 4/17/2026Source: NWMLS | April 17, 2026 |