517 Emerson Avenue, Hoquiam, WA 98550

Hoquiam
Local realty services provided by:Better Homes and Gardens Real Estate McKenzie Realty
Listed by: thomas hedlund
Office: better properties grays harbor
MLS#:2486273
Source:NWMLS
517 Emerson Avenue,Hoquiam, WA 98550
$1,000,000
  • - Beds
  • - Baths
  • 6,360 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,000,000
  • Price per sq. ft.:$157.23

About this home

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.

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Home facts

  • Year built:1906
  • Subdivision & Development:West Hoquiam
  • Listing ID #:2486273
  • Updated:July 31, 2026 at 12:28 AM

Rooms and interior

  • Flooring:Carpet, Laminate
  • Living area:6,360 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1906
  • Building area:6,360 sq. ft.
  • Lot area:0.24 Acres
  • Lot Features:Paved, Sidewalk
  • Construction Materials:Wood Exterior Finish

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,000,000
  • Price per sq. ft.:$157.23
  • Tax amount:$6,601 (2026)

Parking

  • Total parking spaces:7
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