Listed by Van Dorm Realty, Inc
$724,999
$25K PRICE DROP

220 W 4th St Aberdeen, WA 98520

Estimated payment $4,290/month

Total Views 2,258
11 Beds
8 Baths
4,802 Sq Ft
$151 Price per Sq Ft

About This Home

Turn-key 8-unit investment property in a convenient Aberdeen location, offering a 8.2% 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.

Listing Agent

Lorna Collins

Van Dorm Realty, Inc License #25016518 Listed on: 12/03/2025

Van Dorm Realty, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2458398

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,707

Year Built

  • Built in 1903

Lot Details

  • 5,227 Sq Ft Lot
  • Property is in good condition

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,802 Sq Ft Home
  • 2-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Laminate Flooring

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Bathrooms

Schools

  • Mcdermoth Elementary School
  • Miller Jnr High Middle School

Community Details

  • No Home Owners Association
  • Weatherwax & Benn's Condos
  • Aberdeen Subdivision

Listing and Financial Details

  • Legal Lot and Block 7&8 / 36
  • Assessor Parcel Number 029303600801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,707

Year Built

Built in 1903

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1903
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: Weatherwax & Benn's
  • New Construction: No
  • CalculatedSquareFootage: 4802
  • Special Features: None

Interior Features

  • Total Bedrooms: 11
  • Fireplace: No
  • Flooring: Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Basement,Coin Op Laundry

Exterior Features

  • Roof: Composition
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Fireplace Insert
  • Heating Yn: Yes
  • PowerCompany: Grays Harbor PUD
  • SewerCompany: City of Aberdeen
  • WaterCompany: City of Aberdeen

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Aberdeen
  • High School: Buyer To Verify
  • Middle Or Junior School: Miller Jnr High

Lot Info

  • Parcel Number: 029303600801
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • LotNumber: 7&8

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 7.44
  • LeasedItems: None
  • TotalMonthlyIncome: 8125

Tax Info

  • Year: 2025
  • Tax Annual Amount: 5707

Multi Family

  • Number Of Units Total: 8
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Mcdermoth Elem

Map

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Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,508 $574,956 $36,000 $538,956
2023 $4,864 $574,956 $36,000 $538,956
2022 $4,838 $415,086 $30,000 $385,086
2021 $4,779 $415,086 $30,000 $385,086
2020 $4,082 $372,317 $30,000 $342,317
2019 $3,011 $315,264 $30,000 $285,264
2018 $3,413 $244,701 $27,000 $217,701
2017 $3,438 $215,015 $27,000 $188,015
2016 $3,377 $224,910 $27,000 $197,910
2014 -- $233,620 $27,000 $206,620
2013 -- $236,620 $30,000 $206,620
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/03/2026 01/03/26 Price Changed $724,999 -3.3% $151 / Sq Ft
12/03/2025 12/03/25 For Sale $749,999 +87.5% $156 / Sq Ft
07/24/2018 07/24/18 Sold $399,900 0.0% $84 / Sq Ft View Prior Sale
05/18/2018 05/18/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $399,900 -- $84 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2458398

Northwest Multiple Listing Service (NWMLS)

APN: 029303600801

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