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$450,000
2554246 MLS ⋅ ACTIVE Status
This is a great opportunity for the investor capable of looking past the 2025 numbers and ahead to the great potential for growth in 2026. All units are currently occupied and are on no lease, month to month agreements. Lots of work and updates have been done over the years leaving the future owner with low maintenance costs. Fresh exterior paint, lots of new siding, new porch, new entry doors, 3 of the units have been remodeled in the last 2 years, detached shed with W/D hook up for potential supplemental income, all new exterior electrical from meters to utility pole.

309 E 2nd, Aberdeen

Listing courtesy of WEICHERT, Realtors Reynolds RE.

$415,000
2507715 MLS ⋅ ACTIVE Status
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.

107 W 4th Street, Aberdeen

Listing courtesy of Spivey Realty Group, LLC.

$385,000
2508209 MLS ⋅ ACTIVE Status
Well maintained 4-plex in the heart of Aberdeen! Each unit offers 1 bed and 1 bath with a strong rental history, making this a solid investment opportunity. Situated on a desirable corner lot, the property features a new roof and fresh exterior paint for great curb appeal. All units are individually metered for electricity, with gas heat and a gas hot water heater for efficiency. Coin-operated laundry in the basement. A turnkey property ready to add to your portfolio! Add as a package deal with 107 W 4th Street and 215 E 1st St. All In Aberdeen!

521 W 3rd Street, Aberdeen

Listing courtesy of Spivey Realty Group, LLC.

$578,000
2499367 MLS ⋅ ACTIVE Status
Great opportunity to own an income-producing investment at the beach! This well-located 4-plex ideally located close to beach approaches, canals, and Damon Point. Each unit features 2 bedrooms and 1.5 baths, The half bath is off the primary bedroom. Functional layouts include full kitchens with all appliances, Dining room, spacous living room with fireplace, plus washer/dryers in every unit. all units are approx 988 Sqft. Tenants enjoy the balconies and small patio spaces, adding to long-term rental appeal. Strong income-producing property with consistent rental demand in a desirable coastal market—excellent opportunity for investors or owner-users looking to build equity at the beach.

555 Sunset Avenue NE, Ocean Shores

Listing courtesy of North Beach Realty OS LLC.

$482,000
2493620 MLS ⋅ ACTIVE Status
Great 4-plex investment opportunity! Positive cash flow. Rarely a vacancy. Clean 2-story building. Extensively updated in 2013 including roof and foundation. Vinyl windows. Each unit metered separately for power. Conveniently located in high tenant sought after central Aberdeen location; close to shopping, restaurants and most necessary services. Bus stop nearby. A great property for your portfolio or owner occupant with low down payment options.

307 N E Street, Aberdeen

Listing courtesy of Group 7 Inc., Real Estate Serv.

$1,100,000
2480941 MLS ⋅ ACTIVE Status
Exceptional investment and future development opportunity in Elma. Two duplexes (4 total rental units) situated across three adjoining parcels totaling 8.99 acres with GR – General Residential zoning.Current NOI of $40,281 with rents slightly below market, offering immediate upside through rent adjustments. Property is served by City water with septic systems in place; sewer connections are nearby (buyer to verify availability and capacity). No floodplain issues reported.Ample frontage on Garden Hill Rd provides strong access and potential layout flexibility for future development. Adjoining parcels include areas of commercial-grade alder timber, adding additional value components.Rare opportunity to acquire nearly 9 acres with in-place income — ideal for investors seeking land banking with cash flow or developers exploring subdivision potential. Shown by appointment only. Do not disturb tenants.

102 Garden Hill Road W, Elma

Listing courtesy of Riley Jackson Real Estate Inc..

$679,999
2480929 MLS ⋅ ACTIVE Status
Investment Opportunity – Updated Multi-Family Duplex Property with Development Potential Excellent opportunity to acquire a well-maintained multi-family asset consisting of two freestanding duplex buildings (4 units total) with an attractive mix of unit sizes and strong long-term upside. Each building includes: • One spacious 3BR / 1.5BA unit (~1,624 SF) • One 2BR / 1.5BA unit (~920 SF) The larger units feature functional layouts including a main-level bedroom and generous bonus living area, creating flexible living space that appeals to both owner-occupants and tenants. Recent Capital Improvements • Units #11 & #15: Fully remodeled within the past three years including updated kitchens, bathrooms, flooring, and interior paint. • Units #12 & #16: Partially updated with refreshed kitchens and newer flooring. • Property-Wide Improvements: Newer appliances, roofs, and water heaters across all units. Parking Each unit includes an attached private garage, a highly desirable feature for tenants and future resale value. Development Upside. Situated on a large lot with additional build potential, the property offers opportunities for further expansion or redevelopment. Investors may also purchase individually or combine with adjacent property (NWMLS #2433761) for a larger assemblage and expanded development possibilities. A compelling combination of current income, recent upgrades, and future development potential.

102 Garden Hill Road W, Elma

Listing courtesy of Riley Jackson Real Estate Inc..

$300,000
2475561 MLS ⋅ ACTIVE Status
Rare Aberdeen fourplex opportunity with flexible layout and strong upside potential! The main building offers ~2,106 sq ft and includes three units with a covered front porch, back utility and laundry areas —Units 1 and 2 are both 2 bed/1 bath, and Unit 3 is a studio. The fourth unit is a separate ~620 sq ft single-family home located in the second building at the rear of the property, featuring 2 bedrooms and 1 bath, along with a detached ~384 sq ft garage for added value and functionality. Current rents are below market (unit 1 vacant, unit 2 625, unit 3 450, unit 4 625) with significant upside; pro forma rents could approach ~$4,000 per month with minimal change. A solid investment with multiple unit types, outdoor features, and long-term potential in a convenient Aberdeen location.

324 N F Street, Aberdeen

Listing courtesy of Spivey Realty Group, LLC.

$365,000
2299618 MLS ⋅ ACTIVE Status
Attention investors! 4 unit building in Neilton WA that has not had a vacancy in Years and has below market rent. Fantastic income potential and close to lake Quinault. 4th Unit has an unfinished 3rd bedroom/ 2nd bath addition, rent was planned on being set at 1200. each unit right now has 2 bedrooms one bath up with kitchen, dining & living downstairs. W/D hook ups in kitchen. additional huge shed/ shop in back for additional storage / rental income

7 Neilton Lane, Neilton

Listing courtesy of City Realty Inc..

$770,000
2211397 MLS ⋅ ACTIVE Status
Multi Family Investment property in Ocean Shores! Exciting opportunity on this popular townhome style 4 unit building with room to expand. All 4 units have been beautifully remodeled to include 3 bedrooms and 1.5 bathrooms each. This will be a good way to increase the value & add to the already solid monthly income. Two story units kitchen/living/1.5 bath on main floor & full bath/laundry on the second floor. All units are rented & many updates have been done to make these wonderful homes attractive. Downtown amenities are within walking distance as well as the beach, canals & lakes. All great attractions to Ocean Shores!

665 Sunset Avenue, Ocean Shores

Listing courtesy of Washington Coast Real Estate.

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