Property Details
2320 Simpson Avenue
Aberdeen, WA 98520
$850,000
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Property Overview
Recently updated, 10-unit complex. New windows, new siding, new exterior paint. Two units, 1 & 10, have been fully updated with new flooring, fixtures, cabinets, and countertops. Units 2, 3, 5, & 6 are ready to begin updates. Price reflects these units still needing updating. There is plenty of room for continued rent increases as updates are completed. This property is centrally located and right on the bus line for easy public transportation
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Grays Harbor
Neighborhood
Aberdeen
Listed
Aug 4, 2026
Structure Type
Multi Family
Parcel Number
812065960
Tax & HOA
Annual Property Tax
$4,284 (2026)
Est. Monthly Tax
$357/mo
Financial Summary
Cap Rate
6.50%
Net Operating Income
$55,488
Gross Scheduled Income
$109,800
Gross Rent Multiplier
7.74
Total Expenses
$28,992
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
3,038
Leasable Area
2,570 sqft
Total Units
10
Lot Size
5,750 sqft
Year Built
1953
Exterior & Lot
Lot Size
0.13 sqft
Year Built
1953
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Paved
Exterior Features
Wood Products
Community & Access
Directions
From Sumner Ave/Hwy 101, turn south onto Maple St. Drive straight about 1/2 block and property will be on your left at the corner of Maple and Simpson.
Location
City
Aberdeen
County
Grays Harbor
Coordinates
46.97538, -123.84573
Additional Information
Tax Year
2026
Annual Taxes
$4,284
Possession
Array
Based on information submitted to the MLS GRID as of August 5, 2026 2:45 PM. 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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
