Listed by Spivey Realty Group, LLC
$1,150,000

215 E 1st St Aberdeen, WA 98520

Estimated payment $6,678/month

Total Views 420
10 Beds
12 Baths
9,240 Sq Ft
$124 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

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

Date Event Price List to Sale Price per 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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