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517 Emerson Avenue, 
Hoquiam, WA 98550

$1,118,000

—

Bed

—

Bath

6,360

Sq Ft

Multi-Family

Active

Listed by

Thomas Hedlund

Better Properties Grays Harbor

Last updated:

March 5, 2026, 01:32 AM

MLS#

2486273

Source:

NWMLS

About This Home

517 Emerson Avenue

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.

Home Facts

Multi-Family

Built in 1906

Price Summary

1,118,000

$175 per Sq. Ft.

MLS #:

2486273

Last Updated:

March 5, 2026, 01:32 AM

Rooms & Interior

Interior

Living Area:

6,360 Sq. Ft.

Structure

Structure

Building Area:

6,360 Sq. Ft.

Year Built:

1906

Lot

Lot Size (Sq. Ft):

10,454

Finances & Disclosures

Finances

Price:

$1,118,000

Price per Sq. Ft:

$175 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 March 8, 2026. 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 © 2026 MLS GRID. All Rights Reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.