$599,000
220 4th Street
Aberdeen, WA 98520
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
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
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.
Interested in this home?
Request a private tour or ask a question — a local agent will respond personally.