517 Emerson Avenue, Hoquiam, WA 98550 (MLS # 2388888)

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Listing provided courtesy of Northwest MLS; Better Properties Grays Harbor

PRICE $1,189,000
BEDS 0
BATHS 0
HOME SIZE 7,048 sqft
LOT SIZE 10,559 sqft
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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.

LAST UPDATED 6/6/2025 TRACT West Hoquiam
YEAR BUILT 1906 COMMUNITY West Hoquiam
COUNTY Grays Harbor STATUS Active
PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Buyer To Verify
Jr. High School Buyer To Verify
High School Buyer To Verify


ADDITIONAL DETAILS
AIR None
AREA 197 - Hoquiam
CONSTRUCTION Wood Siding
HEAT Electric
LOT 10559 sq ft
LOT DESCRIPTION Sidewalk
LOT DIMENSIONS 10560
MLS STATUS Active
STORIES 2
STYLE 55 - 5-9 Units
SUBDIVISION West Hoquiam
TAXES 6195.06
UTILITIES Sewer Connected
WATER Public

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Properties with the Logo 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 6/7/25 3:34 AM 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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