Listing provided courtesy of Spivey Realty Group, LLCNWMLSMLS# NWM2508321MLS Provider
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Hard to find 12-unit apartment building featuring a strong mix of 2 studio units and 10 one-bedroom units. This well maintained property has had recent updated, offering improved condition, modern appeal, and reduced immediate capital needs.It’s producing strong in-place rental numbers, with the rents hitting the 1% rule makes this a solid cash flow type deal for investors looking for performance right away.The seller is also currently offloading 521 W 3rd Street and 107 W 4th Street in Aberdeen, so there’s potential to look at all 3 properties together for a deal or package opportunity.

Source: NWMLS, MLS#: NWM2508321

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  • Property Type
    Residential Income
  • Lot
    0.18 acres

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Cherie McNeal

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  • Median Age
    39
  • Population Density
    93
  • College Educated
    25%
  • Estimated Median Income
    $50,022
  • Estimated Total Home Owners
    5,133
  • Estimated Total Renters
    3,511
  • Owner / Renter Divide
    59% / 41%
  • Estimated Average Household Size
    3
  • Total Population
    24,936
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 215 E 1st Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/8/2026Source: NWMLS Price Reduction
$1,120,000 -2.6%
4/17/2026Source: NWMLS Added to Database
April 17, 2026