Property Details

324 N F Street
Aberdeen, WA 98520
$300,000
MLS# 2475561 courtesy of NWMLS Listing firm: Spivey Realty Group, LLC

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324 N F Street , Aberdeen, WA 98520, Aberdeen

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324 N F Street , Aberdeen, WA 98520, Aberdeen

1 / 32
Multi-Family
Property Type
2,726
Bldg Sq Ft
4
Units
2.00%
Cap Rate
1912
Year Built

Property Overview

Rare Aberdeen fourplex opportunity with flexible layout and strong upside potential! The main building offers ~2,106 sq ft and includes three units with a covered front porch, back utility and laundry areas —Units 1 and 2 are both 2 bed/1 bath, and Unit 3 is a studio. The fourth unit is a separate ~620 sq ft single-family home located in the second building at the rear of the property, featuring 2 bedrooms and 1 bath, along with a detached ~384 sq ft garage for added value and functionality. Current rents are below market (unit 1 vacant, unit 2 625, unit 3 450, unit 4 625) with significant upside; pro forma rents could approach ~$4,000 per month with minimal change. A solid investment with multiple unit types, outdoor features, and long-term potential in a convenient Aberdeen location.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Grays Harbor
Neighborhood Aberdeen
Listed Feb 5, 2026
Original Price $400,000
Structure Type Quadruplex
Parcel Number 011200600200

Tax & HOA

Annual Property Tax $2,991 (2025)
Est. Monthly Tax $249/mo

Financial Summary

Cap Rate 2.00%
Net Operating Income $8,169
Gross Scheduled Income $20,400
Gross Rent Multiplier 19.61
Total Expenses $12,231
Vacancy Rate 25.0%

Building & Use

Building Sq Ft 2,726
Leasable Area 2,726 sqft
Total Units 4
Lot Size 5,602 sqft
Year Built 1912

Exterior & Lot

Lot Size 0.13 sqft
Year Built 1912
Garage 1 spaces
Exterior Materials Wood
Sewer Sewer Connected
Water Source Public
Lot Features Paved, Sidewalk
Exterior Features Wood, Wood Products

Community & Access

Directions GPS

Location

City Aberdeen
County Grays Harbor
Coordinates 46.97998, -123.81647

Additional Information

Tax Year 2025
Annual Taxes $2,991
Possession Array
Listed By
Kevin Spivey
Spivey Realty Group, LLC

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