$900,000
 $4,831 est/mo Sourced by Back At You

517 Emerson Avenue,Hoquiam, WA 98550

Hoquiam, WA 98550

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Description

Turn-key 9-unit investment property in a convenient Hoquiam location, offering a 8.5% cap rate. Most units have been updated, one unit undergoing a refresh and will be rented soon. On-site coin-operated laundry adds additional revenue potential, Landlord storage spaces could potentially be converted to storage units or an additional 1 bedroom for extra income. Close to schools, services, and major routes for easy access. Two units, one 2 bedroom and 1 one bedroom could have floorplan changed to add a bedroom to each for increased cash flow.

Details

MLS #2486273
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1906
Days On Site175
Listing Provided ByBetter Properties Grays Harbor | Thomas Hedlund

Features

SQ Feet6,360
Story(s)2
Units9
ZoningMulti-Family
Acreage0.24

Taxes

Property6600

Area Information

StateWA
CountyGrays Harbor
CityHoquiam
Zip Code98550
Area197 Hoquiam
Community NameWest Hoquiam
Listing VS Median (in West Hoquiam)
Price:
$900,000
low | high
Med:
$321,900
100% of Average
sqft:
6,360
low | high
Med:
1,892
100% of Average
$ / sqft:
$142
low | high
Med:
$171
28.995242876267% of Average
On site:
175
low | high
Med:
21.5
100% 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 NameWest Hoquiam
Listing VS Median (in West Hoquiam)
Price:
$900,000
low | high
Med:
$321,900
100% of Average
sqft:
6,360
low | high
Med:
1,892
100% of Average
$ / sqft:
$142
low | high
Med:
$171
28.995242876267% of Average
On site:
175
low | high
Med:
21.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $675K - $1.125M
sqft: 4,500 - 7,500
Nearby Listings Property ImageNearby Listings Details
711 N Property Photo 1
$560,000
711 N
Hoquiam, WA 98550
711 N Property Photo 1
$560,000
711 N
Hoquiam, WA 98550
Listing Updated: August 11, 2026 at 2:45:32 PM PDT