$385,000
 $2,067 est/mo Sourced by Back At You

1111 Chenault Avenue,Hoquiam, WA 98550

Hoquiam, WA 98550

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Description

Turnkey investment opportunity with owner-occupancy potential! Live in one unit while generating rental income from the others, or add a strong income-producing property to your portfolio. This well-maintained triplex features two units in the front building and a separate rear unit with its own private entrance, garage space, and alley access. Unit 1 offers 2 bedrooms and 1 bath on the main level. Unit 2 features 1 bedroom, 2 baths, and a dedicated office upstairs, making it an excellent owner-occupied option. Unit 3 includes 2 bedrooms, 1 bath, private entry, garage space, and added privacy. Each unit has its own laundry facilities for added tenant convenience. Recent updates include fresh interior paint and new flooring. A spacious side yard, driveway, and off-street parking enhance the property's appeal. The upstairs unit is expected to be fully leased by the end of July, offering flexibility for buyers who wish to occupy it before leasing or simply acquire a fully rented asset. Whether you're expanding your investment portfolio or purchasing your first multifamily property, this Hoquiam triplex offers flexible living arrangements, solid rental potential, and an excellent opportunity to build long-term wealth.

Details

MLS #2549695
Listing TypeFor Sale
Building NameKarrs River Lots
Sub-TypeResale
StatusActive
Year1936
Days On Site50
Listing Provided ByPremier Realty Grays Harbor | Keren Spangler

Features

SQ Feet2,892
Garage1
Story(s)2
Units3
ZoningResidential
Acreage0.23

Taxes

Property2153

Area Information

StateWA
CountyGrays Harbor
CityHoquiam
Zip Code98550
Area197 Hoquiam
Community NameHoquiam
School DistrictBuyer To Verify
Elementary SchoolBuyer To Verify
High SchoolBuyer To Verify
Listing VS Median (in Hoquiam)
Price:
$385,000
low | high
Med:
$275,000
78.571428571429% of Average
sqft:
2,892
low | high
Med:
1,328
100% of Average
$ / sqft:
$133
low | high
Med:
$213
10.105974258821% of Average
On site:
50
low | high
Med:
163.5
30.581039755352% of Average
Sourced by Back At You

Market Activity 98550

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Learn More About This Property

StateWA
CountyGrays Harbor
CityHoquiam
Zip Code98550
Area197 Hoquiam
Community NameHoquiam
School DistrictBuyer To Verify
Elementary SchoolBuyer To Verify
High SchoolBuyer To Verify
Listing VS Median (in Hoquiam)
Price:
$385,000
low | high
Med:
$275,000
78.571428571429% of Average
sqft:
2,892
low | high
Med:
1,328
100% of Average
$ / sqft:
$133
low | high
Med:
$213
10.105974258821% of Average
On site:
50
low | high
Med:
163.5
30.581039755352% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $288K - $481K
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
631 Chenault Avenue Property Photo 1
$465,000
631 Chenault Avenue
Hoquiam, WA 98550
508 Emerson Avenue Property Photo 1
$375,000
508 Emerson Avenue
Hoquiam, WA 98550
Listing Updated: July 16, 2026 at 9:50:35 PM PDT