2921 2921 Aberdeen Ave, Hoquiam, Washington 98550

WA, Hoquiam
$539,000
  • 3,192 Sqft
  • Residential Income Property Type
  • 1930 Year Built
  • Active Status
Property Description

This 6-unit multifamily property offers an exceptional opportunity for investors seeking strong cash flow and long-term stability. With four one-bedroom units and two two-bedroom units, the property appeals to a wide range of tenants and is fully occupied. This property offers investors a rare combination of high current income and future appreciation potential. With a 10.6% cap rate and nearly 40% cash-on-cash return, this 6-unit building stands out as a high-performing asset in today’s market.• Strong in-place cash flow with immediate yield.• Below-market rents provide upside potential.• Separately metered utilities for tenant accountability.• Well-maintained property in a stable rental area.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2448289
  • Price: $539,000
  • Square Footage: 3,192 Sqft
  • Year Built: 1930
  • Lot Area: 0.29 Acre
  • Status: Active
  • Office Name: simpliHOM Residential
  • Agent Name: Peter Shawn Wilbur
  • Property Sub Type: Multi Family
  • Roof: Composition
Features
  • Heating System Forced Air
  • Cooling System None
  • Carport Spaces: 4
  • Exterior Features Wood Products
  • Flooring Vinyl
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Grays Harbor
  • City Hoquiam
  • Zipcode 98550
  • Street: Aberdeen Ave
  • Street Number: 2921 2921
  • Longitude: W124° 8' 34.9''
  • Latitude: N46° 58' 28.3''
  • Directions: gps
  • 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
  • Stories Total: 1
  • Possible Use: Multi-Family
  • On Market Date: 2025-10-31
  • Number Of Units Total: 6
  • Lot Features: Paved
  • Foundation Details: Pillar/Post/Pier
  • Construction Materials: Wood
Financial
  • Tax Annual Amount: 2983
Listing Information
  • List Agent Mls Id: 129355
  • List Office Mls Id: 10503
  • Listing Term: Cash,Conventional
  • Mls Status: Active
  • Modification Timestamp: 2026-04-22T22:10:33Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2025-10-31T17:08:15Z
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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