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Provided by NWMLS, Listed by Kevin Spivey, 360-519-6886 at Spivey Realty Group, LLC
7,442 sqft

$949,900

201 N F Street, Aberdeen WA, 98520

Price per sqft$127.64
Built in1925
Property size7,442 sqft
Property typeMulti-family

Overview

Active

Updated 12 days ago

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!

$6,320/mo

Est. mortgage payment based on a $949,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2551028

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.15 Acres

Other Property Details

Taxes
$5,994
Tax Frequency
Annually
View
Yes
55+/Senior Community
No
MLS provider logo

Provided by NWMLS, Listed by Kevin Spivey, 360-519-6886 at Spivey Realty Group, LLC

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 10/7/2026. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 10/7/2026 at 3:28 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.

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Data last updated on 10/7/2026 at 3:28 PM UTC 

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