All homes

$599,000

220 4th Street

Aberdeen, WA 98520

Active

Beds

Baths

Sq Ft

Lot

0.12 ac

Year built

1903

Type

Residential Income

Days listed

1

MLS #

2582435

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!

Exterior features

Wood

Property details

Heating
Fireplace Insert
Cooling
None
Flooring
Laminate
Lot
Paved, Sidewalk
Water source
Public
Sewer
Sewer Connected

Costs

Annual taxes
$4,578 (2026)

Estimate your monthly payment

$3,410/mo

Principal & interest
$3,029
Property taxes
$381
Loan amount $479,200

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Aberdeen, WA 98520

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Spivey Realty Group, LLC— Kevin Spivey.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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