517 Emerson Avenue, Hoquiam, Washington 98550

WA, Hoquiam
$1,189,000
  • 7,048 Sqft
  • Residential Income Property Type
  • 1906 Year Built
  • Expired Status
Property Description

Turnkey 9-unit multifamily in prime location near schools, bus lines, and downtown shopping. Strong cash flow with low vacancy and great tenant history. Major renovations completed by previous owner, with refreshed units by current owner during turnovers. Excellent condition and curb appeal. Value-add potential with conversion of unused space into storage units, and possible reconfiguration of a 2-bed into a 3-bed and a 1-bed into a 2-bed. A rare, stable asset with upside in a high-demand rental market. This is a rare opportunity to own a well-maintained, centrally located building with both solid in-place numbers and clear upside for the next owner.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2388888
  • Price: $1,189,000
  • Square Footage: 7,048 Sqft
  • Year Built: 1906
  • Lot Area: 0.24 Acre
  • Status: Expired
  • Office Name: Better Properties Grays Harbor
  • Agent Name: Thomas Hedlund
  • Property Sub Type: Multi Family
  • Roof: Composition
Features
  • Heating System Wall Unit(s)
  • Cooling System None
  • Exterior Features Wood
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Grays Harbor
  • City Hoquiam
  • Zipcode 98550
  • Street: Emerson
  • Street Number: 517
  • Street Suffix: Avenue
  • Longitude: W124° 6' 32.9''
  • Latitude: N46° 58' 52.5''
  • Directions: Starting in Aberdeen head towards Ocean Shores, after turning on Emerson Property is 3 blocks down on the right.
  • Mls Area Major: 197 - Hoquiam
Neighborhood
  • Elementary School: Buyer To Verify
  • High School: Buyer To Verify
  • High School District: Hoquiam
  • Middle School: Buyer To Verify
Additional Information
  • Lot Size Dimensions: 10560
  • Water Source: Public
  • Stories Total: 2
  • On Market Date: 2025-06-06
  • Number Of Units Total: 9
  • Lot Features: Sidewalk
  • Foundation Details: Pillar/Post/Pier
  • Construction Materials: Wood
Financial
  • Tax Annual Amount: 6195.06
Listing Information
  • List Agent Mls Id: 144422
  • List Office Mls Id: 6322
  • Listing Term: Cash Out
  • Mls Status: Expired
  • Modification Timestamp: 2025-09-02T07:18:16Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2025-09-02T07:16:00Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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