About this home

Aggressively priced 7-unit apartment building with a strong rental history and clear value-add upside. The property features four 2-bedroom units and three 1-bedroom units, offering a desirable mix of living spaces for tenants. Rents are currently below market, creating a strong opportunity for future rental increases and improved cash flow.The building also includes a garage that can be used as a shop, tenant storage, or additional income-producing space. Conveniently located near public transportation, shopping, and everyday amenities, this property offers both stability and upside potential for investors looking to maximize returns.

Exterior features

Wood

Schools

Elementary

Buyer To Verify

Middle

Hoquiam Mid

High

Hoquiam High

Property details

Heating: Baseboard
Cooling: Wall Unit(s)
Flooring: Laminate, Vinyl, Carpet
View: Territorial
Lot: Corner Lot, Curbs, Paved, Sidewalk
Water source: Public
Sewer: Sewer Connected

Costs

Annual taxes: $3,012 (2025)

Estimate your monthly payment

$2,703/mo

Principal & interest: $2,452
Property taxes: $251

Down payment (20%) $97,000 Interest rate (%) Loan term (years)

Loan amount $388,000

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 Keller Williams Rlty Bellevue— Michael Durham.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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