220 W 4th Street, Aberdeen, WA 98520
Local realty services provided by:Better Homes and Gardens Real Estate Pacific Commons
Listed by: kevin spivey
Office: spivey realty group, llc.
MLS#:2582435
Source:NWMLS
220 W 4th Street,Aberdeen, WA 98520
$599,000
- - Beds
- - Baths
- 4,802 sq. ft.
- Multi-family
- Active
Price summary
- Price:$599,000
- Price per sq. ft.:$124.74
About this home
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!
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Home facts
- Year built:1903
- Subdivision & Development:Aberdeen
- Listing ID #:2582435
- Updated:September 25, 2026 at 12:43 PM
Rooms and interior
- Flooring:Laminate
- Living area:4,802 sq. ft.
Structure and exterior
- Roof:Composition
- Year built:1903
- Building area:4,802 sq. ft.
- Lot area:0.12 Acres
- Lot Features:Paved, Sidewalk
- Construction Materials:Wood Exterior Finish
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$599,000
- Price per sq. ft.:$124.74
- Tax amount:$4,578 (2026)
Features and amenities
- Amenities:Cable TV, High Speed Internet
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