113 N Newell Street

Aberdeen, WA 98520

  • Bed

  • Bath

  • 2740 SqFt

  • 8 DOM

  • Built: 1972

  • Status: Active

$475,000

X

113 N Newell Street

Aberdeen 98520

$475000

  • Bed

  • Bath

  • 2740 SqFt

  • 8 DOM

  • Built: 1972

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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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Residence Information

  • 2740

  • Composition

  • 54 - 4-Plex

  • 1972

  • Pillar/Post/Pier

Features and Utilities

  • Wood, Wood Products

  • Sewer Connected

  • 0

Financial

  • 3324.56

  • Cash Out, Conventional

  • 09-04-2025

Comparable Information

  • 8

  • 8

  • Cash Out, Conventional

  • $475,000

  • $475,000

  • Sep 12, 2025 13:35

Schools

Map

Listing courtesy of Spivey Realty Group, LLC.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Oct 23, 2025 11:40 | Listing last modified Sep 12, 2025 13:35. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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