LKV Realty
Logo
Kevin SpiveySpivey Realty Group, LLC
$999,500
201 N F Street, Aberdeen, WA 98520Listing ID 2551028

201 N F Street, Aberdeen, WA 98520

Active
Aberdeen
Last updated: 2 days ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Multi Family
Square Feet
Square Feet
7,442
Acres
Acres
0.15
Cooling
Cooling
None
Heating
Heating
Wall Furnace
Year Built
Year Built
1925

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 to step into a stabilized asset with strong income today and additional upside for the future!

Property Information

Property Details

Location

Address
201 N F Street
County
Grays Harbor
City
Aberdeen
Zip Code
98520
Subdivision
Aberdeen
School District
Aberdeen
MLS Area
198 - Aberdeen

Interior Features

Heating and Cooling

Cooling
None
Heating
Wall Furnace

Building

Building Information

Square Feet
7,442
Year Built
1925
Construction
Wood
Foundation
Block
Roof
Composition

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$5,994
Tax Year
2026
Source: Northwest Multiple Listing Service
Northwest Multiple Listing Service logo

Based on information submitted to the MLS GRID as of 17 Aug 2026, 10:18 PM UTC. 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. Some IDX listings have been excluded from this website. IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

For corrections to this data please contact Brytecore MLS Support.

NWM104867

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.