1111 W Market Street

Aberdeen, WA 98520

  • Bed

  • Bath

  • 5808 SqFt

  • 1 DOM

  • Built: 1978

  • Status: Active

$1,190,000

X

1111 W Market Street

Aberdeen 98520

$1190000

  • Bed

  • Bath

  • 5808 SqFt

  • 1 DOM

  • Built: 1978

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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

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Residence Information

  • 5808

  • Torch Down

  • 55 - 5-9 Units

  • 1978

  • Poured Concrete

  • Coin Op Laundry, Stor

Features and Utilities

  • Wood, Wood Products

  • Public

  • Sewer Connected

  • 0

Financial

  • 7689

  • Cash, Conventional

  • 04-29-2026

Comparable Information

  • 1

  • 1

  • Cash, Conventional

  • $1,190,000

  • $1,190,000

  • Apr 29, 2026 21:39

Schools

Elementary : A J West Elem N/A Ratings
High : Harbor High N/A Ratings

Map

Listing courtesy of BHGRE - Northwest Home Team.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Apr 30, 2026 10:35 | Listing last modified Apr 29, 2026 21:39. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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