Listed by Spivey Realty Group, LLC
$1,120,000
$30K PRICE DROP

215 E 1st St Aberdeen, WA 98520

Estimated payment $6,689/month

Total Views 1,350
10 Beds
12 Baths
9,240 Sq Ft
$121 Price per Sq Ft

Highlights

  • Deck
  • Wood Siding
  • 1-minute walk to Aberdeen Parks & Recreation
  • No HOA
  • Carpet

About This Home

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.

Listing Agent

Jessie Stout

Spivey Realty Group, LLC License #137924 Listed on: 04/17/2026

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2508321

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,464

Year Built

  • Built in 1924

Home Design

  • Flat Roof Shape
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 9,240 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 12 Bathrooms

Schools

  • Miller Jnr High Middle School
  • J M Weatherwax High School

Additional Features

  • Deck
  • 7,841 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Aberdeen Subdivision

Listing and Financial Details

  • Assessor Parcel Number 029301000300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,464

Year Built

Built in 1924

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1924
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 9240
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 10
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Flat, Torch Down
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • PowerCompany: GH PUD
  • SewerCompany: City of Aberdeen
  • WaterCompany: City of Aberdeen

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Aberdeen
  • High School: J M Weatherwax High
  • Middle Or Junior School: Miller Jnr High

Lot Info

  • Parcel Number: 029301000300
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7841
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: Public
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false
  • GrossRentMultiplier: 8.1
  • LeasedItems: None
  • TotalMonthlyIncome: 11225

Tax Info

  • Year: 2026
  • Tax Annual Amount: 7464

Multi Family

  • Number Of Units Total: 12
  • Electric Expense: 840
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,752 $704,870 $126,360 $578,510
2023 $5,963 $558,464 $126,360 $432,104
2022 $4,809 $412,604 $105,300 $307,304
2021 $4,801 $412,604 $105,300 $307,304
2020 $4,262 $373,985 $105,300 $268,685
2019 $5,507 $329,204 $105,300 $223,904
2018 $6,363 $447,571 $105,300 $342,271
2017 $6,366 $400,897 $105,300 $295,597
2016 $6,317 $416,455 $105,300 $311,155
2014 -- $437,720 $105,300 $332,420
2013 -- $449,420 $117,000 $332,420
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/08/2026 06/08/26 Price Changed $1,120,000 -2.6% $121 / Sq Ft
04/17/2026 04/17/26 For Sale $1,150,000 -- $124 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2508321

Northwest Multiple Listing Service (NWMLS)

APN: 029301000300

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