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517 Emerson Avenue, 
Hoquiam, WA 98550

$1,189,000


Bed


Bath


7,048

Sq Ft


Multi-Family

Active

Listed by

Thomas Hedlund

Better Properties Grays Harbor

Last updated:

June 12, 2025, 12:50 AM

MLS#

2388888

Source:

NWMLS

About This Home

517 Emerson Avenue

Turnkey 9-unit multifamily in prime location near schools, bus lines, and downtown shopping. Strong cash flow with low vacancy and great tenant history. Major renovations completed by previous owner, with refreshed units by current owner during turnovers. Excellent condition and curb appeal. Value-add potential with conversion of unused space into storage units, and possible reconfiguration of a 2-bed into a 3-bed and a 1-bed into a 2-bed. A rare, stable asset with upside in a high-demand rental market. This is a rare opportunity to own a well-maintained, centrally located building with both solid in-place numbers and clear upside for the next owner.

Home Facts

Multi-Family

Built in 1906

Price Summary

1,189,000

$168 per Sq. Ft.

MLS #:

2388888

Last Updated:

June 12, 2025, 12:50 AM


Rooms & Interior

Interior

Living Area:

7,048 Sq. Ft.


Structure

Structure

Building Area:

7,048 Sq. Ft.

Year Built:

1906


Lot

Lot Size (Sq. Ft):

10,560


Finances & Disclosures

Finances

Price:

$1,189,000

Price per Sq. Ft:

$168 per Sq. Ft.

MLS Logo
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of June 18, 2025. 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 is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.

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