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414 ONTARIO Street Hoquiam, WA $ 1,350,000
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$ 1,350,000 Get more info
414 ONTARIO Street
$ 1,350,000
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414 ONTARIO Street

Hoquiam, WA, 98550
$ 1,350,000
Baths0.0 Sq 8,840

Monthly Estimate*

$ 8,312

Listed by Networks Real Estate LLC
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Studio

Multi-Family Home for sale in Hoquiam, WA

for $1,350,000. This 8,840 square foot home was built in 1977 on a lot size of 0.34.

CASH FLOW FROM THE GET GO! 8.5% CAP RATE! Perfect investment or 1031 exchange property. Fully rented 10 plex features 6 two bedroom units and four one bedroom apartments. Recent electrical updates include new panels in all units. Newer exterior paint and roof too! Interior features include new carpet, vinyl and laminate hardwood flooring. Some bath and kitchen upgrades that include vanities, facets, flooring, commodes, etc...Coin operated laundry helps generate additional income. Owner pays water/sewer/garbage that is included into the rent amount. Tenants pay their own electric. The 2 bedroom units are 900 SF and the 1 bedrooms are 850. Both feature spacious bedrooms and large living areas plus kitchens with eating space. Upstairs units have cute deck area too! Some units have access to 6 X 5 storage units located on backside of complex. Centrally located in downtown Hoquiam next to the YMCA and it's right on the bus line and close to any needed services.

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Multi-Family Active

Price

$ 1,350,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 8,821

Style

10+ Units

Lot Size

0.34

Year Built

1977

Town/City

Hoquiam

County/Region

Grays Harbor

MLS | Web ID

2467372
Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard Wall Unit(s)
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Year Built 1977
View Territorial
Property Subtype Multi Family
Tax Year 2025
County Grays Harbor
Net Operating Income 114852
Insurance Expense 15623
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Hoquiam
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions GPS AND WAZE ARE ACCURATE
High School Hoquiam High
City Hoquiam
Senior Community Y/N N
High School District Hoquiam
Zoning Description Multi-Family
Open Parking Spaces 12
Number Of Units Total 10
MLS Area 197 - Hoquiam
Lot Size Units Square Feet
Lot Size Square Feet 14810
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Elementary School Buyer To Verify
Tax Annual Amount 8821
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Hoquiam Mid
Property Condition Good
Public Remarks CASH FLOW FROM THE GET GO! 8.5% CAP RATE! Perfect investment or 1031 exchange property. Fully rented 10 plex features 6 two bedroom units and four one bedroom apartments. Recent electrical updates in
Leasable Area 8840
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry
Water Company CITY OF HOQUIAM
Units Below Grade false
Units In Building Total 10
Water Sewer Garbage 11800
Property Style 56 - 10+ Units
Cap Rate 8.5
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Exterior
Exterior Amenities Wood Wood Products
Lot Features Corner Lot Curbs Paved Sidewalk
Water Source Public
Foundation Details Slab
Building Area Total 8840
Lot Size Acres 0.34
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Patio
Parking Uncovered Total 15
Parking Uncovered Spaces 12
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Interior
Flooring Laminate Vinyl Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2467372
Street Number 1 414
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* Excluded Features
List By
Peter Henry

Listing Agent

Networks Real Estate Llc

Broker

Affordability Calculator

$9,047
Per Month
92%
8%
0%
Monthly Principal & Interest
$8,312
Monthly Property Taxes
$735
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3100354 Elementary School
257419 Middle School
Hoquiam High High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/20/2026$1,350,000 Listed Price

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414 ONTARIO Street, Hoquiam, WA, 98550 is a Multi-Family Home for sale at $1,350,000 with 8,840 sqft and a lot size of 0.34. 414 ONTARIO Street is a studio with 0.0 baths and was built in 1977. The property's zip code is 98550 which is in Hoquiam, WA

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