2320 Simpson Avenue, Aberdeen, WA 98520 (MLS # 2315016)
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Listing provided courtesy of Northwest MLS; KW Greater Seattle
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9-unit apartment building with tons of upside potential! Opportunity to increase rents to market rate, add coin-op laundry and rent out the attached garage or turn into storage lockers for additional income. 5 of the units have been recently updated. Electrical was updated, wall heaters have been installed in each unit, and a newer hot water system was installed. Building exterior was recently painted. 7 units are studios, 1 is a one-bedroom and 1 is a two-bedroom unit. 8.5% CAP RATE with proforma rents!!
| LAST UPDATED | 2/11/2025 | TRACT | West Aberdeen |
|---|---|---|---|
| YEAR BUILT | 1953 | COMMUNITY | West Aberdeen |
| COUNTY | Grays Harbor | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | A J West Elem |
|---|---|
| Jr. High School | Miller Jnr High |
| High School | J M Weatherwax High |
| PRICE HISTORY | |
| Prior to Feb 11, '25 | $625,000 |
|---|---|
| Feb 11, '25 - Today | $599,000 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 198 - Aberdeen |
| CONSTRUCTION | Wood Siding |
| HEAT | Baseboard, Electric, Natural Gas |
| INTERIOR | Laminate, Wall to Wall Carpet |
| LOT | 5663 sq ft |
| LOT DESCRIPTION | Alley, Corner Lot, Curbs, Paved, Sidewalk |
| LOT DIMENSIONS | 50' x 115' |
| MLS STATUS | Active |
| STORIES | 2 |
| STYLE | 55 - 5-9 Units |
| SUBDIVISION | West Aberdeen |
| TAXES | 3181 |
| UTILITIES | Cable Available, Sewer Connected |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2/22/25 10:24 AM PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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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