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Updated Ten-Unit Apartment Complex
For Sale
$850,000

2320 Simpson Ave, Aberdeen, WA 98520

Apartment property with refreshed exterior components, select renovated units, and bus-line access in Aberdeen.

Property SizeContact for details
Days on Market19

Property Features for 2320 Simpson Ave

General Information

Standard status Active
Property subtype Residential Income

Property Condition

Severity Repairs Needed
Evidence Units 2, 3, 5, & 6 are ready to begin updates.

Additional Details

Public Transit Yes
Multifamily Units 10

Taxes and HOA fees

Annual Taxes $4,284
Listing Agency: List4FlatFee.com, LLC
Listed By: Stacie Whitfield · License #13147
Source: Exprealty
Added: Aug 4 Changed: Aug 20 Last Checked: Aug 21 at 11:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of List4FlatFee.com, LLC

Investment Insights

Based on property information with market context.

This 10-unit apartment complex includes refreshed windows, siding, and exterior paint. Units 1 and 10 have received more extensive interior work, including new flooring, fixtures, cabinets, and countertops. Units 2, 3, 5, and 6 are positioned for further updates, while the property’s improvements provide a mix of completed and unfinished renovation work.

The property is located at 2320 Simpson Ave in Aberdeen, Washington, with direct access to the local bus line. Its central Aberdeen setting and public transportation access provide practical connectivity for residents.

Key Highlights

  • 10‑unit apartment complex
  • New windows, siding, and exterior paint
  • Units 1 and 10 feature new flooring, fixtures, cabinets, and countertops

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Skin Care Clinic Bakery Barber Shop Locksmith Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units

Location Intelligence

Trade Area within ½ mile

595
Businesses Nearby

Demographics for 98520, WA

24,086
Population
9,333
Households
2.6
Avg Household Size
41
Median Age
14%
College-Educated
89%
High-School Grad
217.5 sq mi
ZIP Area
111
Density / Sq Mi
$59,744
Median Household Income
$34,591
Median Earnings
$1,034
Median Rent
$237,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Apartment property with refreshed exterior components, select renovated units, and bus-line access in Aberdeen.
Where is this apartment building located?
The property is located at 2320 Simpson Ave Aberdeen, WA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 10‑unit apartment complex; New windows, siding, and exterior paint; Units 1 and 10 feature new flooring, fixtures, cabinets, and countertops
More about this property
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