About this home

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.

Exterior features

Wood

Property details

Heating: Wall Furnace
Cooling: None
Flooring: Laminate, Carpet
Lot: Paved, Sidewalk
Sewer: Sewer Connected

Costs

Annual taxes: $6,601 (2026)

Estimate your monthly payment

$5,101/mo

Principal & interest: $4,551
Property taxes: $550

Down payment (20%) $180,000 Interest rate (%) Loan term (years)

Loan amount $720,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Hoquiam, WA 98550

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Better Properties Grays Harbor— Thomas Hedlund.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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