113 N Newell Street, Aberdeen, WA 98520
Local realty services provided by:CENTURY 21 Lund, Realtors
Listed by: kevin spivey
Office: spivey realty group, llc.
MLS#:2427716
Source:NWMLS
113 N Newell Street,Aberdeen, WA 98520
$475,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
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Price summary
- Price:$475,000
About this home
Aberdeen Investment Opportunity! Rare 2,740 sq ft ~ 4-plex on the river! Well maintained and many recent renovations. Units 2 and 4 feature spacious decks overlooking the river—perfect for enjoying the views and abundant wildlife. Units 1 and 3 also have decks, but without river views. The property is ideally located near shopping and downtown. There is a four-car parking pad, previously with a carport, giving you the option to easily add covered parking again. Turn-key, professionally managed and ready for an easy hand-off to the next investor. 2 2-bed units, 2 1-bed units. Total gross income 4850/month! Cap rate of ~7.5% based on actual, not pro forma. Overall solid investment - set it and forget it!
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Home facts
- Year built:1972
- Listing ID #:2427716
- Updated:May 03, 2026 at 06:57 AM
Rooms and interior
- Flooring:Carpet, Vinyl Floor
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Composition
- Year built:1972
- Lot Features:Corner, Paved
- Construction Materials:Wood Exterior Finish, Wood Products Exterior Finish
- Exterior Features:Deck
Utilities
- Sewer:Sewer Connected
Finances and disclosures
- Price:$475,000
- Tax amount:$3,325 (2025)
Features and amenities
- Amenities:Cable TV, High Speed Internet
Parking
- Parking description:Uncovered Space(s) : 4
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