517 Emerson Avenue Hoquiam, WA $ 1,118,000
517 Emerson Avenue
$ 1,118,000
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517 Emerson Avenue

Hoquiam, WA, 98550
$ 1,118,000
Baths0.0 Sq 6,360

Monthly Estimate*

$ 6,884

Listed by Better Properties Grays Harbor
517 Emerson Avenue, Hoquiam, WA 98550 - Image 1
517 Emerson Avenue, Hoquiam, WA 98550 - Image 2
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517 Emerson Avenue, Hoquiam, WA 98550 - Image 4
517 Emerson Avenue, Hoquiam, WA 98550 - Image 5
517 Emerson Avenue, Hoquiam, WA 98550 - Image 6
517 Emerson Avenue, Hoquiam, WA 98550 - Image 7
517 Emerson Avenue, Hoquiam, WA 98550 - Image 8
517 Emerson Avenue, Hoquiam, WA 98550 - Image 9
517 Emerson Avenue, Hoquiam, WA 98550 - Image 10
517 Emerson Avenue, Hoquiam, WA 98550 - Image 11
517 Emerson Avenue, Hoquiam, WA 98550 - Image 12
517 Emerson Avenue, Hoquiam, WA 98550 - Image 13
517 Emerson Avenue, Hoquiam, WA 98550 - Image 14
517 Emerson Avenue, Hoquiam, WA 98550 - Image 15
Studio

Multi-Family Home for sale in Hoquiam, WA

for $1,118,000. This 6,360 square foot home was built in 1906 on a lot size of 0.24.

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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Multi-Family Active

Price

$ 1,118,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,600

Style

5-9 Units

Lot Size

0.24

Year Built

1906

Town/City

Hoquiam

County/Region

Grays Harbor

MLS | Web ID

2486273

Features
General
Living Area 0
Sewer Sewer Connected
Heating Wall Unit(s)
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Year Built 1906
Property Subtype Multi Family
Tax Year 2026
County Grays Harbor
Net Operating Income 95069
Insurance Expense 11400
New Construction N
Property Type Residential Income
HOA N
Subdivision Name West Hoquiam
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions Heading towards Ocean Shores property is on the right 517 and 525 Emerson Ave Hoquiam.
City Hoquiam
Senior Community Y/N N
High School District Hoquiam
Zoning Description Multi-Family
Number Of Units Total 9
MLS Area 197 - Hoquiam
Lot Size Units Square Feet
Lot Size Square Feet 10454
Carport Spaces 0
Carport Y/N N
Listing Terms Cash
Tax Annual Amount 6600.94
Electric Expense 900
Fuel Expense 0
Property Condition Fair
Public Remarks 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-operate
Leasable Area 6360
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Storage
Water Company City of Hoquiam
Units Below Grade false
Units In Building Total 9
Water Sewer Garbage 10829.33
Property Style 55 - 5-9 Units
Cap Rate 8.5
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Exterior
Exterior Amenities Wood
Lot Features Paved Sidewalk
Foundation Details Pillar/Post/Pier
Building Area Total 6360
Lot Size Acres 0.24
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Total 7
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Interior
Flooring Laminate 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 NWM2486273
Street Number 1 517
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* Excluded Features
List By
Thomas Hedlund

Listing Agent

Better Properties Grays Harbor

Broker

Affordability Calculator

$7,434
Per Month
93%
7%
0%
Monthly Principal & Interest
$6,884
Monthly Property Taxes
$550
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
256755 Elementary School
256841 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/2/2026$1,118,000 Listed Price

Map


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517 Emerson Avenue, Hoquiam, WA, 98550 is a Multi-Family Home for sale at $1,118,000 with 6,360 sqft and a lot size of 0.24. 517 Emerson Avenue is a studio with 0.0 baths and was built in 1906. The property's zip code is 98550 which is in Hoquiam, WA