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Four-Unit Property with Separate Home
For Sale
$300,000

324 N F Street, Aberdeen, WA 98520

Two buildings provide a mixed unit layout with outdoor features and detached garage space.

Property Size2,726 SF
Price / SF$110.05
Days on Market182

Property Features for 324 N F Street

General Information

Standard status Active
Size 2,726 SF
Total Parking Spaces 1
Property subtype Multi-Family
Net Operating Income $8,169

Units

Unit Mix 3 x 2BR/1BA, 1 x studio
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $2,991

Amenities

Yes
No
2
Electric,Natural Gas,Wood
Paved,Sidewalk
Public
Deck,Outbuildings
1
0.1286
Wood,Wood Products
2726

Building Details

Building Size 2,726 SF
Year Built 1912
Buildings 2
Stories 2
Listing Agency: P A Realty
Listed By: Robert Ross
Source: Premierepropertygroup
Added: Feb 5 Changed: Aug 4 Last Checked: Aug 5 at 4:02AM

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 P A Realty

Investment Insights

Based on property information with market context.

This four-unit property includes a primary building with approximately 2,106 square feet and three residential units. The layout comprises two 2-bedroom, 1-bath units and one studio, along with a covered front porch and rear utility and laundry areas. A separate rear building adds a 2-bedroom, 1-bath home measuring approximately 620 square feet. The property also includes a detached garage of approximately 384 square feet.

Built in 1912, the property is located at 324 N F Street in Aberdeen, Washington. Exterior features include a deck, additional outbuildings, paved surfaces, and sidewalk access. The combined property size is 2,726 square feet, with the buildings offering multiple residential configurations across two structures.

Key Highlights

  • Four residential units across two buildings
  • Primary building contains approximately 2,106 sq ft and three units
  • Unit mix includes two 2‑bed/1‑bath units and one studio

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $37.6k $13.80
− Vacancy −$2.1k −$0.76
EGI $35.5k $13.04
− OpEx −$10.7k −$3.91
NOI $24.9k $9.13
2,726 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$355.5K
$311.1K – $414.8K (±1% cap)
NOI $24,885 @ 7.0% cap · market cap 8.30%
Second Best
Apartment 5plus
$329.6K
$288.4K – $384.6K (±1% cap)
NOI $23,074 @ 7.0% cap · market cap 7.69%
Theoretical Best
Office A
$751.4K
$657.5K – $876.7K (±1% cap)
NOI $52,601 @ 7.0% cap · market cap 17.53%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Building Supply Garden Center Locksmith Grocery & Convenience Store Catering Service

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,079
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?
Quadplex - Two buildings provide a mixed unit layout with outdoor features and detached garage space.
Where is this quadplex located?
The property is located at 324 N F Street Aberdeen, WA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Four residential units across two buildings; Primary building contains approximately 2,106 sq ft and three units; Unit mix includes two 2‑bed/1‑bath units and one studio
More about this property
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