220 W 4th Street · Aberdeen, WA 98520
Source: NWMLS · Spivey Realty Group, LLC · Kevin Spivey #NWM2582435
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!
Location
Basics
- Property type
- Multi Family
- Style
- 5-9 Units
- Stories
- 2 stories
- Year built
- 1903
- Building area
- 4,802 sq ft
- Lot size
- 5,227 sq ft (0.12 acres)
- County
- Grays Harbor
- MLS #
- NWM2582435
Interior
- Heating
- Fireplace Insert
- Cooling
- None
- Flooring
- Laminate
Exterior & lot
- Exterior features
- Wood
- Roof
- Composition
- Foundation
- Poured Concrete
- Lot features
- Paved, Sidewalk
- Waterfront
- No
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Electric
Community & fees
- Subdivision
- Aberdeen
- Property tax
- $4,578 (2026)
Transaction
- Listed on
- Sep 19, 2026
- Days on market
- 278
- Listing terms
- Cash, Conventional
- Possession
- Closing
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2018-07-24
- Sold$399,900
Schools
School district: Aberdeen
- High
- J M Weatherwax High SchoolSchoolDigger 1 star · Top 74% in WA
Listing provided courtesy of: Spivey Realty Group, LLC
Listing agent: Kevin Spivey.
Based on information submitted to the MLS GRID as of —. 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 provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-09-19.