Property Details
220 W 4th Street
Aberdeen, WA 98520
$674,999
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Property Overview
Turn-key 8-unit investment property in a convenient Aberdeen location, offering a 8.8% cap rate. Most units have been updated, and the building is 100% occupied, providing immediate income. On-site coin-operated laundry adds additional revenue potential. Close to schools, services, and major routes for easy access. A solid opportunity to strengthen your real estate investment portfolio.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Grays Harbor
Neighborhood
Aberdeen
Listed
Dec 3, 2025
Original Price
$749,999
Financial Summary
Cap Rate
8.80%
Net Operating Income
$59,303
Gross Scheduled Income
$97,500
Gross Rent Multiplier
7.44
Total Expenses
$33,322
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
4,802
Leasable Area
4,802 sqft
Total Units
8
Lot Size
5,227 sqft
Year Built
1903
Exterior & Lot
Lot Size
0.12 sqft
Year Built
1903
Exterior Materials
Wood
Sewer
Sewer Connected
Lot Features
Paved, Sidewalk
Exterior Features
Wood
Location
City
Aberdeen
County
Grays Harbor
Coordinates
46.97740, -123.82462
Additional Information
Tax Year
2025
Annual Taxes
$5,707
Possession
Array
Based on information submitted to the MLS GRID as of April 25, 2026 5:11 PM. 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, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is 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. Copyright 2026 NWMLS. All rights reserved.
