Active · Residential Income
220 W 4th Street , Aberdeen, WA 98520
Aberdeen, WA 98520
$599,000
— bedrooms · — bathrooms · 0 sq ft
Listing provided by Spivey Realty Group, LLC · MLS #2582435 · Active
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About this property
Strong income-producing opportunity in the heart of Aberdeen! This 8-unit multifamily property offers ~4,802 sq ft of rentable space and generates approximately $8,125/month in gross scheduled rental income, or $97,500 annually, with an estimated 9.97% cap rate and $59,707 NOI. The property features a mix of one- and two-bedroom units, many with updates throughout, plus on-site coin-operated laundry for additional income and storage. A substantial ~2,128 sq ft basement provides additional storage and utility space. Conveniently located near downtown Aberdeen, shopping, schools, and local amenities, this established multifamily asset offers strong existing income with additional value-add potential!
Property details
- Property type
- Multi Family
- Year built
- 1903
- Lot size
- 5,227 sq ft
- Association dues
- $0 · frequency not provided
- Annual property tax
- $4,578 (2026)
- Parking spaces
- 0
- School district
- Aberdeen
Listings courtesy of Northwest MLS as distributed by MLS GRID.
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