MLS #2511492 / Listing provided by NWMLS & BHGRE- Northwest Home Team.
$1,190,000
1111 W Market Street
Aberdeen,
WA
98520
Sq Ft
Per Sq Ft
Year Built
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
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Garage Spaces: 0
- Parking Total: 19
- Total Uncovered Parking Spaces: 11
Structure
- Roof: Torch Down
- Exterior Features: Wood, Wood Products
- Foundation: Poured Concrete
Lot Details
- Lot Features: Paved, Sidewalk
- Acres: 0.3
- Foundation: Poured Concrete
Schools
- High School District: Aberdeen
- High School: Harbor High
- Elementary School: A J West Elem
Lot Details
- Lot Features: Paved, Sidewalk
- Acres: 0.3
- Foundation: Poured Concrete
Power
- Energy Source: Electric
- Power Company: Grays Harbor PUD
Water, Sewer, and Garbage
- Sewer Company: City
- Sewer: Sewer Connected
- Water Company: City
- Water Source: Public
- Water, Sewer, and Garbage: 12636
Amy Flippo
Broker | REALTOR®
Send Amy Flippo an email