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  • Listed by: 

    Thomas Hedlund,

    Better Properties Grays Harbor

    $1,189,000

    517 Emerson Avenue, Hoquiam, WA 98550

    10beds
    9baths
    7,048sqft
    : 
    Multi Family
    Built in 1906
    -- sqft lot
    $-- Zestimate®
    $169/sqft
    $-- HOA

    What's special

    Refreshed unitsCurb appealPrime location
    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.
    66 days
    on Zillow
    |
    168
    |
    1
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 11, 2025 at 05:43pm

    Listed by:

    Thomas Hedlund,

    Better Properties Grays Harbor

    Source: NWMLS,MLS#: 2388888MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 517 Emerson Avenue.

    Next available tour time:Today at 2:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 9
    Heating
    • Electric
    Cooling
    • None
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 7,048
    • Total interior livable area: 7,048 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Open
    • Uncovered spaces: 8
    Lot
    • Size: 10,558.94 Square Feet
    • Dimensions: 10560
    • Features: Sidewalk
    Details
    • Parcel number: 053400701300
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Siding
    • Roof: Composition
    Condition
    • Year built: 1906
    • Major remodel year: 1906

    Utilities & green energy

    • Electric: Company: Grays Harbor PUD
    • Sewer: Sewer Connected, Company: City of Hoquiam
    • Water: Public, Company: City of Hoquiam
    • Utilities for property: Comcast

    Community & HOA

    Community
    • Subdivision: West Hoquiam
    Location
    • Region: Hoquiam

    Financial & listing details

    • Price per square foot: $169/sqft
    • Tax assessed value: $263,051
    • Annual tax amount: $6,195
    • Date on market: 6/6/2025
    • Listing terms: Cash Out
    • Cumulative days on market: 66 days
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