1111 W Market Street Aberdeen, WA 98520
Listing Courtesy of: MLS LogoNorthwest MLS as distributed by MLS GRID / Better Homes And Gardens Real Estate Northwest Home Team / Jessica Poulos

  1111 W Market Street Aberdeen, WA 98520

Pending (5 Days)
$1,190,000 (USD)

Description

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

MLS #:
2511492
Taxes
$7,689(2025)
Lot Size
0.3 acres
Type
Multifamily
Building Name
Benns Central
Year Built
1978
Style
5-9 Units
School District
Aberdeen
County
Grays Harbor County
Community
Aberdeen

Listed By

Jessica Poulos, Better Homes And Gardens Real Estate Northwest Home Team
Source
Northwest MLS
Last checked May 13 2026 at 10:17 AM GMT+0000
Bathroom Details
Subdivision
  • Aberdeen
Lot Information
  • Sidewalk
  • Paved
Property Features
  • Patio
  • Fireplace: 0
  • Foundation: Poured Concrete
Heating and Cooling
  • Forced Air
Flooring
  • Carpet
  • Laminate
  • Vinyl Plank
Exterior Features
  • Wood
  • Wood Products
  • Roof: Torch Down
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
School Information
  • Elementary School: A J West Elem
  • High School: Harbor High
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Based on information submitted to the MLS GRID as of 5/13/2026 10:17. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.