Property Details

107 W 4th Street
Aberdeen, WA 98520
$415,000
MLS# 2507715 courtesy of NWMLS Listing firm: Spivey Realty Group, LLC

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107 W 4th Street , Aberdeen, WA 98520, Aberdeen

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107 W 4th Street , Aberdeen, WA 98520, Aberdeen

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Multi-Family
Property Type
4,860
Bldg Sq Ft
4
Units
8.63%
Cap Rate
1907
Year Built

Property Overview

Awesome investment opportunity heading up Broadway Hill! This versatile 4-plex features a large studio, two 2-bedroom units, and one 3-bedroom unit offering a great unit mix to maximize rental appeal. Located out of the flood zone with solid rents hitting the 1% rule, this property is already performing. Recent updates include new gutters and turned units, making it a strong, income-producing asset with great rental profit. Selling alone or as a package deal with 521 W. 3Rd, and 215 E 1st street, In Aberdeen.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Grays Harbor
Neighborhood Broadway Hill
Listed Apr 17, 2026
Original Price $425,000
Structure Type Quadruplex
Parcel Number 029302000200

Tax & HOA

Annual Property Tax $2,904 (2026)
Est. Monthly Tax $242/mo

Financial Summary

Cap Rate 8.63%
Net Operating Income $39,674
Gross Scheduled Income $59,700
Gross Rent Multiplier 7.11
Total Expenses $17,041
Vacancy Rate 5.0%

Building & Use

Building Sq Ft 4,860
Leasable Area 4,200 sqft
Total Units 4
Zoning Multi-Family
Possible Use Multi-Family
Lot Size 6,534 sqft
Year Built 1907

Exterior & Lot

Lot Size 0.15 sqft
Year Built 1907
Exterior Materials Wood
Sewer Sewer Connected
Water Source Public
Lot Features Alley, Paved, Sidewalk
Exterior Features Wood

Community & Access

Directions GPS

Location

City Aberdeen
County Grays Harbor
Coordinates 46.97782, -123.82250

Additional Information

Tax Year 2026
Annual Taxes $2,904
Possession Array
Listed By
Jessie Stout
Spivey Realty Group, LLC

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