107 W 4th Street, Aberdeen, WA 98520

$415,000
4,860
SqFt

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Listing courtesy of Spivey Realty Group, LLC.

List Price
$415,000
Status
ACTIVE
MLS#
2507715
Price Change
▼ $10,000 1780974397
Days on Market
89
Style
54 - 4-Plex
Building Condition
Average
Finished SqFt
4,860
Area Total SqFt
4860
Annual Tax Ammount
2904
Lot Size (sq ft)
6,534
Sewer
Sewer Connected

Property Description

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.

Additional Information

List Date
2026-04-28 15:43:11
Community
Broadway Hill
Net Operating Income
$39,674
Gross Adjusted Income
$56,715
Gross Scheduled Income
$59,700
Total Monthly Income
$4,925
Insurance Expenses
$3,000
Water/Sewer/Garbage Expenses
$6,108
Gross Rent Multiplier
7.11
Total Expenses
$17,041
Cap Rate
8.63
Vacancy Rate
5
Total Number of Units
4
Unit Name
107
Potential Terms
Cash, Conventional
Year Built
1907
View
City
Roof
Composition
Site Features
Deck, Gas Available
Electric Expenses
2929
Energy Source
Electric, Natural Gas
School District
Aberdeen
Elementary School
Mcdermoth Elem
Middle School
Miller Jnr High
High School
J M Weatherwax High
Total Monthly Income
$4,925
Gross Scheduled Income
$59,700
Vacancy Rate
5
Gross Adjusted Income
$56,715
Tax Year
2026
Insurance Expense
$3,000
W/S/G Expenses
$6,108
Total Expenses
$17,041
Net Operating Income
$39,674
Gross Rent Multiplier
7.11
Cap Rate
8.63
Based on information submitted to the MLS GRID as of . 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.
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