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No HOA
Street View
Listed by: Kevin Spivey (360) 589-1785 | Spivey Realty Group, LLC (360) 519-6886
$599,000
Monthly Est:$2,981
7 Beds
6 Baths
4,802sqft
220 W 4th Street, Aberdeen, WA 98520
$599,000
$2,981/moEst:
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Multi Family
Built in 1903
$-- HOA
5,227 sqft lot
$125/sq.ft
Description
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!
- Houzeo last checked: 12 hours ago
- Listing updated: September 21, 2026 at 3:36 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2582435
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1903
HOA Fees
-
Finished Area
4,802 sqft
Lot Size
5,227 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2582435
MLS Status
Active
Days on Market
12
Cumulative Days on Market
290
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 6
Interior
Flooring
Laminate
Exterior Features
Wood
Sewer
Sewer Connected
Heating
Fireplace Insert
Cooling
None
Construction
Year Built
Year Built: 1903
Home type
Multi Family
Roof
Composition
Foundation Details
Poured Concrete
Construction Materials
Wood
Utilities & Energy
Water Source
Public
Other Features
Lot Features
Paved, Sidewalk
Subdivision Name
Aberdeen
Price History
| Date | Event | Price |
|---|---|---|
09/19/2026 Source: | Listed for Sale | $599,000 -7.85% $125/sqft |
09/15/2026 Source: | Listing Removed | $650,000 $135/sqft |
07/09/2026 Source: | Listed for Sale | $650,000 -3.70% $135/sqft |
07/01/2026 Source: | Listing Removed | $674,999 +68.79% $141/sqft |
07/25/2018 Source: | Sold | $399,900 $83/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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