517 Emerson Avenue Ave, Hoquiam, WA 98550 (MLS # 2486273)
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Listing provided courtesy of Northwest MLS; Better Properties Grays Harbor
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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.
| LAST UPDATED | 6/9/2026 | TRACT | West Hoquiam |
|---|---|---|---|
| YEAR BUILT | 1906 | COMMUNITY | West Hoquiam |
| COUNTY | Grays Harbor | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| PRICE HISTORY | |
| Prior to Jun 9, '26 | $1,118,000 |
|---|---|
| Jun 9, '26 - Today | $1,000,000 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 197 - Hoquiam |
| CONSTRUCTION | Wood Siding |
| HEAT | Electric, Wall Furnace |
| LOT | 10454 sq ft |
| LOT DESCRIPTION | Paved, Sidewalk |
| MLS STATUS | Active |
| STORIES | 2 |
| STYLE | 55 - 5-9 Units |
| SUBDIVISION | West Hoquiam |
| TAXES | 6600.94 |
| UTILITIES | Sewer Connected |
| ZONING | Multi-Family |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 6/16/26 10:08 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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