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Listed by: Kevin Spivey (360) 589-1785 | Spivey Realty Group, LLC (360) 519-6886
$949,900
Monthly Est:$4,728
1 Bed
- 11 Baths
7,442sqft
201 N F St, Aberdeen, WA 98520
$949,900
$4,728/moEst:
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Multi Family
Built in 1925
$-- HOA
6,534 sqft lot
$128/sq.ft
Description
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!
- Houzeo last checked: 12 hours ago
- Listing updated: September 24, 2026 at 4:13 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2551028

Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
1925
HOA Fees
-
Finished Area
7,442 sqft
Lot Size
6,534 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2551028
MLS Status
Active
Days on Market
77
Cumulative Days on Market
76

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: 1
Bathrooms: 11
Interior
Flooring
Vinyl Plank
Exterior Features
Wood, Wood Products
Sewer
Sewer Connected
Heating
Wall Furnace
Cooling
None
Construction
Year Built
Year Built: 1925
Home type
Multi Family
Roof
Composition
Foundation Details
Block
Construction Materials
Wood
Utilities & Energy
Water Source
Public
Other Features
Lot Features
Curbs, Paved, Sidewalk
Subdivision Name
Aberdeen
Price History
| Date | Event | Price |
|---|---|---|
07/17/2026 Source: | Listed for Sale | $998,500 -0.10% $134/sqft |
07/17/2026 Source: | Price Increased | $999,500 +5.22% $134/sqft |
07/17/2026 Source: | Price Increased | $949,900 +41.73% $128/sqft |
05/31/2024 Source: | Price Increased | $670,200 +204.64% $90/sqft |
05/11/2018 Source: | Price Increased | $220,000 +99.10% $30/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. 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, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that 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. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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