1111 W Market St

6
Baths
5,808 Sq. Ft.
$205 / Sq. Ft.
5,808
Sq. Ft.
$205
per Sq. Ft.

Description

Turnkey 8-Unit Investment Opportunity – Fully Updated & Professionally ManagedThis beautifully maintained 8-unit multifamily property offers investors a rare opportunity to acquire a truly hands-off asset with strong in-place income and extensive capital improvements already completed. Designed for long-term performance and low maintenance ownership, this building reflects consistent pride of ownership and quality upgrades throughout. Many units have been thoughtfully updated with durable luxury...Turnkey 8-Unit Investment Opportunity – Fully Updated & Professionally ManagedThis beautifully maintained 8-unit multifamily property offers investors a rare opportunity to acquire a truly hands-off asset with strong in-place income and extensive capital improvements already completed. Designed for long-term performance and low maintenance ownership, this building reflects consistent pride of ownership and quality upgrades throughout. Many units have been thoughtfully updated with durable luxury vinyl plank (LVP) flooring, fresh interior paint, and new water heaters, providing modern appeal while minimizing future capital expenses. Most units feature upgraded wall-mounted electric heating systems, enhancing efficiency and tenant comfort. Ownership has taken a proactive approach to maintenance, completing improvements as needed using only high-quality materials and workmanship. Exterior upgrades include new iron railings for each unit’s patio, enhancing both safety and aesthetic appeal, along with a recently resurfaced parking lot featuring a new top coat and fresh striping, delivering excellent curb appeal and functionality. The property is professionally managed with rents already at or above current market levels, allowing a new owner to step into immediate, stabilized cash flow. Additional income streams include rentable storage closets and a coin-operated washer and dryer, further strengthening overall returns. This is a true turnkey investment
  1. Listed by Jessica Poulos • BHGRE - Northwest Home Team
    P: (360)-529-0992 jessica@nwhometeam.com

Property Details for 1111 West Market Street

Community Name
Aberdeen
School District
Aberdeen
Number of Assigned Spaces
19
Total Covered Parking
8
Entry Date
04-29-2026
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 05/05/2026 10:34 AM

Property Details for 1111 West Market Street

StatusPending
MLS #2511492
Days on Market5
Cumulative Days on Market5
Taxes$7,689 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1978
Lot Size0.30 AC / 13,068 SF
CountyGrays Harbor County

Location

Listing Courtesy of BHGRE - Northwest Home Team
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Building Information for 1111 West Market Street

Stories2Residences6Year Built1978Building Size-Lot Size0.30 AC / 13,068 SF

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$6,571 per month

30 year fixed, 6.36% Interest

Principal and Interest

$5,930

Property Taxes

$641

HOA Dues

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Property Information for 1111 West Market Street

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Patio
  • Area: 198 - Aberdeen
  • Block: 6
  • Elementary School: A J West Elem
  • High School: Harbor High
  • Effective Year Built Source: Public Records
  • Directions: US-101 N toward Aberdeen. merge into US-12 W heading to Aberdeen. LEFT onto S Alder St. LEFT onto W Market St. 1111 W Market St will be on the LEFT.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Garage Spaces: 0.0
  • Number of Carport Spaces: 8.0
  • Carport: No
  • Open Parking: No
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Laminate, Vinyl Plank, Carpet
  • Amenities: Coin Op Laundry,Storage
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Torch Down
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 12636
  • Power Company: Grays Harbor PUD
  • Sewer Company: City
  • Water Company: City
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Remarks: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Public Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1978
  • Photos Count: 40
Lot Information
  • Lot Details: Paved, Sidewalk
  • Lot Number: 5-8
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 011000600500
  • Calculated Square Footage: 5808
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 5808.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Total Uncovered Parking: 11
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 6
  • Units Below Grade: false
  • Units In Building Total: 8
Financing / Income and Expenses
  • Electric Expense: $1,963
  • Total Expenses: 31689
  • Gross Adjusted Income: 0
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $145,720
  • Insurance Expense: $9,401
  • Net Operating Income: $85,802
  • Other Expenses: $0
  • Total Monthly Income: 0
  • Fuel Expense: $0
Unit 1
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 726
  • Rent Unit 1: $1,425.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1
Unit 2
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 726
  • Rent Unit 2: $1,425.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Unit 3
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 726
  • Rent Unit 3: $1,425.00
  • Bedrooms Unit 3: 2
  • Bathrooms Unit 3: 1
Unit 4
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 726
  • Rent Unit 4: $1,300.00
  • Bedrooms Unit 4: 2
  • Bathrooms Unit 4: 1
Unit 5
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 726
  • Rent Unit 5: $1,425.00
  • Bedrooms Unit 5: 2
  • Bathrooms Unit 5: 1
Unit 6
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 726
  • Rent Unit 6: $1,415.00
  • Bedrooms Unit 6: 2
  • Bathrooms Unit 6: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 5808.0

Property History for 1111 West Market Street

DateEvent & SourcePriceAppreciation
May 4, 2026

Pending

NWMLS #2511492

Apr 29, 2026

Listed (Active)

NWMLS #2511492

$1,190,000
Sep 28, 2023

Sold

NWMLS #2075436

$1,025,000
DateEvent & SourcePrice
05/04/2026

Pending

NWMLS #2511492

04/29/2026

Listed (Active)

NWMLS #2511492

$1,190,000
09/28/2023

Sold

NWMLS #2075436

$1,025,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1111 West Market Street

Taxable ValueLand$39,975Additions$784,645Total$824,620
Tax Record2025$7,412 ($618 / month)
Home Facts
Total Finished SqFt5,808 SqFtAbove Ground SqFt5,808 SqFtStories2Lot Size13,068 SqFtStyleMulti-Family Dwelling (2-4)Year Built1978CountyGRAYS HARBORAPN011000600500

Schools near 1111 West Market Street

This home is within Aberdeen School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
A J West Elementary School
PublicPK to 5

Miller Junior High School
Public6 to 8

J M Weatherwax High School
Public9 to 12

Harbor Open Doors
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHGRE - Northwest Home Team

Based on information submitted to the MLS GRID as of 05/05/2026 10:34 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.