1111 W Market St

Aberdeen, WA 98520
  • $1,190,000

    Price
  • 12

    Bed
  • 6

    Bath
  • 4,356

    SqFt

About the Listing 5453 - 777750

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

Listing Highlights

Status Active
Days on Site 4
Property Type Multi-Family
MLS ® 2511492
Year Built 1978
Total Square Footage 4,356
Lot/Acreage 0.3
County Grays Harbor
Building Name Benns Central
Neighborhood Aberdeen
School District Aberdeen
Elementary School A J West Elementary
High School Harbor High

Interior Details

  • Bedrooms: 12
  • Bathrooms: 6 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces: 0
  • Floor: Laminate,Vinyl Plank,Carpet
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: City

Exterior Details

  • Lot Description: Paved,Sidewalk,Patio,Zoning: Multi-Family
  • Garage Capacity: N/A
  • Parking Spaces: 19
  • Zoning: Multi-Family
  • Roof: Torch Down
  • Others: Wood,Wood Products
  • Sewer: City

Financial Details

  • Tax Amount: $7,689
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 011000600500
  • Tax Year: 2025

Payment Calculator

Monthly Payment

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Questions About..

1111 W Market St Aberdeen, WA 98520

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Originating MLS: nwmls

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