414 Ontario Street, Hoquiam, Washington 98550

WA, Hoquiam
$1,350,000
  • 8,840 Sqft
  • Residential Income Property Type
  • 1977 Year Built
  • Active Status
Property Description

BACK ON MARKET DUE TO BUYERS COLD FEET. 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. Tenants pay all utility bills. 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.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2467372
  • Price: $1,350,000
  • View: Territorial
  • Square Footage: 8,840 Sqft
  • Year Built: 1977
  • Lot Area: 0.34 Acre
  • Status: Active
  • Office Name: Networks Real Estate LLC
  • Agent Name: Peter Henry
  • Property Sub Type: Multi Family
  • Roof: Composition
Features
  • Heating System Baseboard, Wall Furnace
  • Cooling System None
  • Exterior Features Wood, Wood Products
  • Flooring Carpet, Vinyl, Laminate
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Grays Harbor
  • City Hoquiam
  • Zipcode 98550
  • Street: ONTARIO
  • Street Number: 414
  • Street Suffix: Street
  • Longitude: W124° 8' 3.2''
  • Latitude: N46° 58' 28.6''
  • Directions: GPS AND WAZE ARE ACCURATE
  • Mls Area Major: 197 - Hoquiam
Neighborhood
  • Elementary School: Buyer To Verify
  • High School: Hoquiam High
  • High School District: Hoquiam
  • Middle School: Hoquiam Mid
Additional Information
  • Water Source: Public
  • Stories Total: 2
  • Possible Use: Multi-Family
  • On Market Date: 2026-01-20
  • Number Of Units Total: 10
  • Lot Features: Paved, Curbs, Sidewalk, Corner Lot
  • Foundation Details: Slab
  • Construction Materials: Wood
Financial
  • Tax Annual Amount: 8821
Listing Information
  • List Agent Mls Id: 777350
  • List Office Mls Id: 356
  • Listing Term: Cash,Conventional
  • Mls Status: Active
  • Modification Timestamp: 2026-03-24T16:43:11Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2026-03-24T16:41:07Z
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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