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Listing Firm: KW Greater Seattle: Stacey A. Brower

Bought With: Quigg & Co Real Estate : Nikki Brown

SOLD On June 6, 2025
NWMLS # 2315016

$535,000

  • Sold Price
  • - Beds
  • - Baths
  • 3038 Sq.ft.

2320 Simpson Avenue , Aberdeen, WA 98520

Listings with the three tree icon are courtesy of NWMLS

About This Property

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!!

Buyer's Agent: Nikki Brown • Quigg & Co Real Estate

Listed by: Stacey A. Brower • KW Greater Seattle

Aris360 Last Checked: 1 Minute Ago (Jun 26, 2025 01:28 AM)

  • Source: NWMLS as Distributed by MLS Grid #2315016

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Simpson
  • Zip/Postal Code: 98520
  • City: Aberdeen

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$3,847 per month
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Property Features

  • County
    • West Aberdeen
  • Community
    • 198 - Aberdeen
  • MLS Area
    • 198 - Aberdeen
  • Longitude
    • -123.845727
  • Latitude
    • 46.975378
  • Directions
    • On the NE corner of N Maple St & Simpson Ave.

  • Interior
    • Laminate
    • Wall to Wall Carpet
  • Floors
    • Laminate
    • Vinyl
    • Carpet
  • Power Production Type
    • Electric
    • Natural Gas

  • Stories
    • 2
  • Style
    • 55 - 5-9 Units
  • Parking Spaces
    • 10
  • Lot Description
    • Alley,
    • Corner Lot,
    • Curbs,
    • Paved,
    • Sidewalk,
  • Foundation
    • Post & Pillar,
    • Pillar/Post/Pier,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Wood
    • Wood Products
  • Site Description
    • Cable TV,Gas Available,High Speed Internet
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Covered Spaces
    • 1
  • Water
    • City of Aberdeen
  • Building Total Area (Sq. Ft.)
    • 5663

  • High School District
    • Aberdeen
  • Jr. High School
    • Miller Jnr High
  • Elementary School
    • A J West Elem
  • High School
    • J M Weatherwax High

  • Possession
    • Closing,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi Family
  • Tax Year
    • 2024
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $3181
  • Year Built
    • 1953
  • Status
    • Sold

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Listing provided by NWMLS

Disclaimer: Based on information submitted to the MLS GRID as of Thu Jun 26 2025 . 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.

Jun 26, 2025 01:28 AM