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220 W 4th Street, Aberdeen, WA 98520

Aberdeen
Local realty services provided by:CENTURY 21 Tri-Cities
Listed by: kevin spivey
Office: spivey realty group, llc.360-519-6886
MLS#:2582435
Source:NWMLS
220 W 4th Street,Aberdeen, WA 98520
$550,000
  • - Beds
  • - Baths
  • 4,802 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$550,000
  • Price per sq. ft.:$114.54

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!

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Home facts

  • Year built:1903
  • Subdivision & Development:Aberdeen
  • Listing ID #:2582435
  • Updated:November 07, 2026 at 01:04 PM

Rooms and interior

  • Flooring:Laminate
  • Living area:4,802 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1903
  • Building area:4,802 sq. ft.
  • Lot area:0.12 Acres
  • Lot Features:Paved, Sidewalk
  • Construction Materials:Wood Exterior Finish

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$550,000
  • Price per sq. ft.:$114.54
  • Tax amount:$4,578 (2026)

Features and amenities

  • Amenities:Cable TV, High Speed Internet
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of November 7, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved. NWMLS Member Broker: Vicki Monteagudo

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