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
  • Pending

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:February 12, 2026 at 12:43 PM

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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