$1,000,000
Est. $5,083/mo517 Emerson Avenue, Hoquiam, WA 98550
• Listed 2026-03-01•42 days on market
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Based on information submitted to the MLS GRID as of June 9, 2026 at 12:43pm (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.
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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.
Listed by Thomas Hedlund • Better Properties Grays Harbor
Listing updated: June 9, 2026 at 12:43pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2486273
Open houses
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517 Emerson Avenue, Hoquiam, WA 98550
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More homes in this area that match your range.
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: The average home sells very close to list price.
Time on market: The average home goes pending in around 28 days.
$275,000 Sold
1 week ago
4 bd•2 ba•~2,050 sq ft•Single Family
619 Spruce Street, Hoquiam, WA 98550
0%
Over list
—
Days on market
0.3 mi
Distance
$188,000 Sold
2 weeks ago
3 bd•2 ba•~1,182 sq ft•Single Family
1315 Laurel Street, Hoquiam, WA 98550
2%
Over list
—
Days on market
0.8 mi
Distance
$235,000 Sold
2 weeks ago
2 bd•1 ba•~1,154 sq ft•Single Family
156 Emerson Avenue, Hoquiam, WA 98550
0%
Over list
—
Days on market
0.4 mi
Distance
$335,000 Sold
3 weeks ago
3 bd•1 ba•~2,112 sq ft•Single Family
513 2nd Street, Hoquiam, WA 98550
3%
Under list
—
Days on market
0.1 mi
Distance
$236,900 Sold
3 weeks ago
4 bd•1 ba•~2,340 sq ft•Single Family
304 Emerson Avenue, Hoquiam, WA 98550
31%
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.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
