201 N F Street, Aberdeen, WA 98520

Aberdeen
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: kevin spivey
Office: spivey realty group, llc.
MLS#:2551028
Source:NWMLS
201 N F Street,Aberdeen, WA 98520
$998,500
  • - Beds
  • - Baths
  • 7,442 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$998,500
  • Price per sq. ft.:$134.17

About this home

Turnkey Aberdeen multifamily investment with immediate cash flow! The best deal on market with a 9.09% cap rate! The Cambridge Apartments features 11 units totaling ~7442 sq ft on a centrally located corner lot near downtown. The unit mix includes one 1 bed/1 bath and ten studio units, many with oversized walk-in closets that provide added flexibility for tenants. Professionally managed and fully occupied, the property currently generates approximately ~$10,307/month in gross rental income with an estimated 9.09% cap rate. Residents enjoy a large coin-operated laundry room and ample off-street parking. Recent improvements include electrical, plumbing, flooring, water heaters, and more. The property is professionally managed and benefits from regular professional cleaning and ongoing maintenance. Potential to create two additional units by utilizing the unfinished attic space and reconfiguring the existing laundry room. Managed by local PM company, Rentals by Spivey. A rare opportunity...

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Home facts

  • Year built:1925
  • Subdivision & Development:Aberdeen
  • Listing ID #:2551028
  • Updated:September 05, 2026 at 11:33 AM

Rooms and interior

  • Flooring:Vinyl Plank
  • Living area:7,442 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1925
  • Building area:7,442 sq. ft.
  • Lot area:0.15 Acres
  • Lot Features:Curbed Lot, Paved, Sidewalk
  • Construction Materials:Wood Exterior Finish, Wood Products Exterior Finish

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$998,500
  • Price per sq. ft.:$134.17
  • Tax amount:$5,994 (2026)

Parking

  • Total parking spaces:11
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 5, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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