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721 N K Street Aberdeen, WA $ 799,900
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$ 799,900 Get more info
721 N K Street
$ 799,900
Back to search
Share Save

721 N K Street

Aberdeen, WA, 98520
$ 799,900
Bedrooms8 Baths7.0 Sq 8,056

Monthly Estimate*

$ 5,525

Listed by Spivey Realty Group, LLC
721 N K Street, Aberdeen, WA 98520 - Image 1
721 N K Street, Aberdeen, WA 98520 - Image 2
721 N K Street, Aberdeen, WA 98520 - Image 3
721 N K Street, Aberdeen, WA 98520 - Image 4
721 N K Street, Aberdeen, WA 98520 - Image 5
721 N K Street, Aberdeen, WA 98520 - Image 6
721 N K Street, Aberdeen, WA 98520 - Image 7
721 N K Street, Aberdeen, WA 98520 - Image 8
721 N K Street, Aberdeen, WA 98520 - Image 9
721 N K Street, Aberdeen, WA 98520 - Image 10
721 N K Street, Aberdeen, WA 98520 - Image 11
721 N K Street, Aberdeen, WA 98520 - Image 12
721 N K Street, Aberdeen, WA 98520 - Image 13
721 N K Street, Aberdeen, WA 98520 - Image 14
721 N K Street, Aberdeen, WA 98520 - Image 15
721 N K Street, Aberdeen, WA 98520 - Image 16

Multi-Family Home for sale in Aberdeen, WA

for $799,900 with 8 bedrooms and 7 full baths. This 8,056 square foot home was built in 1909 on a lot size of 0.1492.

Turnkey Aberdeen multifamily investment with immediate cash flow and additional upside! This fully occupied 7-unit property features six 1 bed/1 bath units and one 2 bed unit, generating approximately $6,920/month in gross rental income with an estimated 6.71% cap rate. Units 5 and 6 offer potential conversion to 2-bedroom layouts, plus a potential 8th one-bedroom unit is already framed in the basement for future completion. Significant improvements include a new roof in 2021, updates throughout the units, new commercial water heater and sewer line in 2023, extensive building and deck reinforcement, exterior paint in 2025, approximately $30k in plumbing repairs/replacements, and mostly updated electrical. Great opportunity for rent increases with upgrades throughout. Fully rented and turn-key with substantial improvements already completed. A unique opportunity to acquire a stabilized multifamily asset with strong existing income and additional value-add potential!

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Multi-Family Active

Price

$ 799,900

Bedrooms

8

Full Bath

7

Property Type

Multi-Family

Taxes

$ 6,367

Style

5-9 Units

Lot Size

0.1492

Year Built

1909

Town/City

Aberdeen

County/Region

Grays Harbor

MLS | Web ID

2578576
Features
General
Living Area 0
Sewer Sewer Connected
Heating Wall Furnace
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Year Built 1909
Property Subtype Multi Family
Tax Year 2026
County Grays Harbor
Net Operating Income 53273
Insurance Expense 8400
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Aberdeen
Special Listing Conditions None
Status Active
Directions GPS
City Aberdeen
Senior Community Y/N N
High School District Aberdeen
Number Of Units Total 7
MLS Area 198 - Aberdeen
Lot Size Units Square Feet
Lot Size Square Feet 6500
Carport Spaces 3
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 6367.26
Electric Expense 1800
Fuel Expense 0
Public Remarks Turnkey Aberdeen multifamily investment with immediate cash flow and additional upside! This fully occupied 7-unit property features six 1 bed/1 bath units and one 2 bed unit generating approximately
Leasable Area 6032
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Basement
Water Company City of Aberdeen
Units Below Grade true
Units In Building Total 7
Water Sewer Garbage 13200
Property Style 55 - 5-9 Units
Cap Rate 6.65
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Exterior
Exterior Amenities Brick Cement/Concrete
Lot Features Curbs Paved Sidewalk
Water Source Public
Total Parking 3
Building Area Total 8056
Lot Size Acres 0.1492
Waterfront Y/N N
Covered Spaces 3
Irrigation Water Rights Y/N N
Site Features Deck
Parking Uncovered Total 0
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Interior
Flooring Hardwood Carpet
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2578576
Street Number 1 721
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* Excluded Features
List By
Kevin Spivey

Listing Agent

Spivey Realty Group, Llc

Broker

kevin@spiveyrealtygroup.com

Email

Affordability Calculator

$6,055
Per Month
91%
9%
0%
Monthly Principal & Interest
$5,525
Monthly Property Taxes
$531
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258820 Elementary School
258681 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
9/9/2026$799,900 Listed Price

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721 N K Street, Aberdeen, WA, 98520 is a Multi-Family Home for sale at $799,900 with 8,056 sqft and a lot size of 0.1492. 721 N K Street has 8 bedrooms, 7.0 baths, and was built in 1909. The property's zip code is 98520 which is in Aberdeen, WA

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