113 N Newell Street, Aberdeen, WA 98520
Local realty services provided by:Knipe Realty ERA Powered
Listed by:kevin spivey
Office:spivey realty group, llc.
MLS#:2427716
Source:NWMLS
113 N Newell Street,Aberdeen, WA 98520
$475,000
- - Beds
- - Baths
- 2,740 sq. ft.
- Multi-family
- Active
Price summary
- Price:$475,000
- Price per sq. ft.:$173.36
About this home
Aberdeen Investment Opportunity! Rare 2,740 sq ft ~ 4-plex on the river! Well maintained and many recent renovations. Units 2 and 4 feature spacious decks overlooking the river—perfect for enjoying the views and abundant wildlife. Units 1 and 3 also have decks, but without river views. The property is ideally located near shopping and downtown. There is a four-car parking pad, previously with a carport, giving you the option to easily add covered parking again. Turn-key, professionally managed and ready for an easy hand-off to the next investor. 2 2-bed units, 2 1-bed units. Total gross income 4850/month! Cap rate of ~7.5% based on actual, not pro forma. Overall solid investment - set it and forget it!
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Home facts
- Year built:1972
- Listing ID #:2427716
- Updated:October 30, 2025 at 12:24 AM
Rooms and interior
- Living area:2,740 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Composition
- Year built:1972
- Building area:2,740 sq. ft.
- Lot area:0.15 Acres
Utilities
- Sewer:Sewer Connected
Finances and disclosures
- Price:$475,000
- Price per sq. ft.:$173.36
- Tax amount:$3,325 (2025)
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