220 W 4th St

8
Baths
4,802 Sq. Ft.
$151 / Sq. Ft.
4,802
Sq. Ft.
$151
per Sq. Ft.

Description

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.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.
  1. Listed by Lorna Collins • Van Dorm Realty, Inc

Property Details for 220 West 4th Street

Community Name
Aberdeen
School District
Aberdeen
Number of Assigned Spaces
0
Total Covered Parking
0
Entry Date
12-03-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 01/02/2026 06:28 PM

Property Details for 220 West 4th Street

StatusActive
MLS #2458398
Days on Market33
Cumulative Days on Market33
Taxes$5,707 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1903
Lot Size0.12 AC / 5,227 SF
CountyGrays Harbor County

Location

Listing Courtesy of Van Dorm Realty, Inc
Add your commute

Building Information for 220 West 4th Street

Stories2Residences8Year Built1903Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$4,009 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,534

Property Taxes

$476

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 220 West 4th Street

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: 198 - Aberdeen
  • Block: 36
  • Elementary School: Mcdermoth Elem
  • Middle Or Junior School: Miller Jnr High
  • High School: Buyer To Verify
  • Directions: From Olympia. W on US-12W into Aberdeen. Continue on E Wishkah St. Turn right on S L St. On left. From Hoquiam. Turn left onto Simpson Ave(US-101 S), toward Aberdeen. Turn left on W 4th St. On left.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • Open Parking: No
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Laminate
  • Amenities: Basement,Coin Op Laundry
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Fireplace Insert
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water/Sewer/Garbage: 10000
  • Power Company: Grays Harbor PUD
  • Sewer Company: City of Aberdeen
  • Water Company: City of Aberdeen
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • First Right Of Refusal: false
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 27
Lot Information
  • Lot Details: Paved, Sidewalk
  • Lot Number: 7&8
  • Lot Size Source: Realist
  • Parcel Number Free Text: 029303600801
  • Building Condition: Good
  • Calculated Square Footage: 4802
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4802.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 8
  • Units Below Grade: false
  • Units In Building Total: 8
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 33322
  • Gross Adjusted Income: 92625
  • Gross Rent Multiplier: 7.44
  • Gross Scheduled Income: $97,500
  • Insurance Expense: $6,500
  • Net Operating Income: $59,303
  • Other Expenses: $11,115
  • Total Monthly Income: 8125
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Rent Unit 1: $1,050.00
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Rent Unit 2: $1,200.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Rent Unit 3: $650.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Rent Unit 4: $850.00
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 5
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: false
  • Rent Unit 5: $975.00
  • Bedrooms Unit 5: 1
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 6
  • Washer/Dryer Unit 6: false
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Rent Unit 6: $1,050.00
  • Bedrooms Unit 6: 1
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 7
  • Washer/Dryer Unit 7: false
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: true
  • Rent Unit 7: $1,150.00
  • Bedrooms Unit 7: 2
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: 8
  • Washer/Dryer Unit 8: false
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Dishwasher Unit 8: false
  • Rent Unit 8: $1,200.00
  • Bedrooms Unit 8: 2
  • Bathrooms Unit 8: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4802.0

Property History for 220 West 4th Street

DateEvent & SourcePriceAppreciation
Jan 2, 2026

Price Change

NWMLS #2458398

$724,999—
Dec 3, 2025

Listed (Active)

NWMLS #2458398

$749,999—
Jul 24, 2018

Sold

NWMLS #1283155

$399,900—
Jul 16, 2018

Sold (Public Record)

Public Record #627863854

$399,900

+18.4% / yr

May 18, 2018

Pending

NWMLS #1283155

—
May 3, 2018

Listed (Active)

NWMLS #1283155

$399,900—
May 2, 2007

Sold (Public Record)

Public Record #236149972

$60,000

-8.3% / yr

Oct 6, 2004

Sold (Public Record)

Public Record #236122896

$75,000—
DateEvent & SourcePrice
01/02/2026

Price Change

NWMLS #2458398

$724,999
12/03/2025

Listed (Active)

NWMLS #2458398

$749,999
07/24/2018

Sold

NWMLS #1283155

$399,900
07/16/2018

Sold (Public Record)

Public Record #627863854

$399,900

+18.4% / yr

05/18/2018

Pending

NWMLS #1283155

—
05/03/2018

Listed (Active)

NWMLS #1283155

$399,900
05/02/2007

Sold (Public Record)

Public Record #236149972

$60,000

-8.3% / yr

10/06/2004

Sold (Public Record)

Public Record #236122896

$75,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 220 West 4th Street

Taxable ValueLand$36,000Additions$538,956Total$574,956
Tax Record2024$4,864 ($405 / month)
Home Facts
Total Finished SqFt4,802 SqFtAbove Ground SqFt4,802 SqFtStories1Lot Size5,227 SqFtStyleMulti-Family Dwelling (2-4)Year Built1903CountyGRAYS HARBORAPN029303600801

Schools near 220 West 4th Street

This home is within Aberdeen School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Mcdermoth Elementary School
PublicK to 5

Miller Junior High School
Public6 to 8

Aberdeen High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

220 West 4th Street is a multi-family home for sale in Aberdeen, WA 98520. This property was listed for sale on December 3, 2025 by Van Dorm Realty, Inc, it's currently listed at $724,999. It has been on the market for a total of 33 days and was last sold on July 24, 2018. This listing's school district is Aberdeen School District. Nearby schools include Mcdermoth Elementary School, Miller Junior High School and Aberdeen High School. 220 West 4th Street is a 11-bed, 8-bath, 4,802 sqft multi-family home built in 1903.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Van Dorm Realty, Inc

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/05/2026 04:20 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.