1225 Wheeler Avenue Hoquiam, WA $ 265,000
1225 Wheeler Avenue
$ 265,000
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1225 Wheeler Avenue

Hoquiam, WA, 98550
$ 265,000
Bedrooms8 Baths4.0 Sq 3,004

Monthly Estimate*

$ 1,673

Listed by Spivey Realty Group, LLC
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Multi-Family Home for sale in Hoquiam, WA

for $265,000 with 8 bedrooms and 4 full baths. This 3,004 square foot home was built in 1911 on a lot size of 0.1.

Rare opportunity to own a fully occupied three-unit property with strong existing rental income! The property includes a 4 bedroom, 2 bathroom single-family residence and a separate duplex with two 2 bedroom, 1 bathroom units. The main residence offers approximately 1,575 sq ft and currently rents for $1,535/month. The duplex includes a lower and upper unit, each approximately 715 sq ft, currently renting for $1,100 and $1,095/month. Gross rents total approximately $3,730/month, with the single-family tenant paying their own utilities. Some upgrades have already been completed with additional opportunity for future improvements. A great opportunity for an investor looking for an income-producing property with three established units.

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Multi-Family Pending

Price

$ 265,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 2,239

Style

Tri-plex

Lot Size

0.1

Year Built

1911

Town/City

Hoquiam

County/Region

Grays Harbor

MLS | Web ID

2579456

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard Wall Furnace
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Year Built 1911
View Territorial
Property Subtype Multi Family
Tax Year 2026
County Grays Harbor
Net Operating Income 37121
Insurance Expense 2400
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Hoquiam
Special Listing Conditions None
Status Pending Inspection
Directions GPS
City Hoquiam
Senior Community Y/N N
High School District Hoquiam
Number Of Units Total 3
MLS Area 197 - Hoquiam
Lot Size Units Square Feet
Lot Size Square Feet 4356
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 2239.22
Electric Expense 0
Fuel Expense 0
Public Remarks Rare opportunity to own a fully occupied three-unit property with strong existing rental income! The property includes a 4 bedroom 2 bathroom single-family residence and a separate duplex with two 2
Leasable Area 3004
Structure Type Triplex
Building Area Units Square Feet
Standard Status Pending
Water Company City of Hoquiam
Units Below Grade false
Units In Building Total 3
Water Sewer Garbage 3000
Property Style 53 - Tri-plex
Cap Rate 14.01
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Exterior
Exterior Amenities Wood
Lot Features Corner Lot Paved Sidewalk
Water Source Public
Total Parking 3
Building Area Total 3004
Lot Size Acres 0.1
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Gas Available
Parking Uncovered Total 3
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Interior
Flooring Hardwood 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 Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2579456
Street Number 1 1225
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* Excluded Features
List By
Kevin Spivey

Listing Agent

Spivey Realty Group, Llc

Broker

kevin@spiveyrealtygroup.com

Email

Affordability Calculator

$1,860
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,673
Monthly Property Taxes
$187
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
9/18/2026$265,000 Listed Price

Map


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1225 Wheeler Avenue, Hoquiam, WA, 98550 is a Multi-Family Home for sale at $265,000 with 3,004 sqft and a lot size of 0.1. 1225 Wheeler Avenue has 8 bedrooms, 4.0 baths, and was built in 1911. The property's zip code is 98550 which is in Hoquiam, WA