$900,000
Est. $4,651/mo517 Emerson Avenue, Hoquiam, WA 98550
• Listed 2026-03-01•10 days on market
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Turn-key 9-unit investment property in a convenient Hoquiam location, offering a 9.86% 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. One 2 bedroom could have floorplan changed to add a bedroom for increased cash flow.
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517 Emerson Avenue, Hoquiam, WA 98550
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of August 25, 2026 at 08:58am (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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Listed by Thomas Hedlund • Better Properties Grays Harbor
Listing updated: August 25, 2026 at 08:58am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2486273
Hoquiam is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: Sale-vs-list ratio data not available for this area.
Time on market: The average home goes pending in around 31 days.
$284,000 Sold
2 days ago
4 bd•1.75 ba•~1,854 sq ft•Single Family
915 Eklund Avenue, Hoquiam, WA 98550
0%
Under list
—
Days on market
0.3 mi
Distance
$358,000 Sold
1 week ago
4 bd•1.75 ba•~2,348 sq ft•Single Family
505 K Street, Hoquiam, WA 98550
1%
Under list
—
Days on market
0.2 mi
Distance
$18,000 Sold
4 weeks ago
•Single Family
0 W Adams Street, Hoquiam, WA 98550
28%
Under list
—
Days on market
0.6 mi
Distance
$171,000 Sold
6 weeks ago
4 bd•1.25 ba•~1,787 sq ft•Single Family
401 K Street, Hoquiam, WA 98550
2%
Under list
—
Days on market
0.2 mi
Distance
$145,000 Sold
6 weeks ago
3 bd•1.25 ba•~2,112 sq ft•Single Family
914 Wheeler Avenue, Hoquiam, WA 98550
3%
Under list
—
Days on market
0.3 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
