About 517 Emerson Avenue
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.
Features of 517 Emerson Avenue
| MLS® # | 2486273 |
|---|---|
| Price | $900,000 |
| Square Footage | 6,360 |
| Acres | 0.24 |
| Year Built | 1906 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 517 Emerson Avenue |
|---|---|
| Area | 197 - Hoquiam |
| Subdivision | West Hoquiam |
| City | Hoquiam |
| County | Grays Harbor |
| State | WA |
| Zip Code | 98550 |
Amenities
| Parking Spaces | 7 |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Wall Furnace |
|---|---|
| Cooling | None |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior Features | Wood |
|---|---|
| Lot Description | Paved, Sidewalk |
| Foundation | Pillar/Post/Pier |
School Information
| District | Hoquiam |
|---|
Additional Information
| Date Listed | March 1st, 2026 |
|---|---|
| Days on Market | 179 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Better Properties Grays Harbor |
|---|