Property Details

2428 Pacific Avenue
Hoquiam, WA 98550
$239,900
MLS# 2536933 courtesy of NWMLS Listing firm: Hidden Coast Homes

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2428 Pacific Avenue , Hoquiam, WA 98550, Hoquiam

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2428 Pacific Avenue , Hoquiam, WA 98550, Hoquiam

1 / 21
Multi-Family
Property Type
1,636
Bldg Sq Ft
2
Units
8.07%
Cap Rate
1906
Year Built

Property Overview

Investor Opportunity — Turnkey Duplex With Rental This fully-rented duplex is ready to step seamlessly into your investment portfolio. The upper unit offers 2 bedrooms/1 bath, while the main-level unit features 2 bedrooms/1 bath plus a convenient washer/dryer hookup. The main-level tenants also enjoy a spacious fenced backyard and a generously sized deck directly off the back door — an appealing amenity that supports long-term tenancy. Recent updates include a new hot water tank in the upper unit. Both units are rented at current market rates with leases already in place, providing immediate, predictable cash flow. A solid investment in a steady rental market.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Grays Harbor
Neighborhood Hoquiam
Listed Jun 11, 2026
Original Price $249,900
Structure Type Duplex
Parcel Number 055205500300

Tax & HOA

Annual Property Tax $2,015 (2025)
Est. Monthly Tax $168/mo

Financial Summary

Cap Rate 8.07%
Net Operating Income $20,179
Gross Scheduled Income $27,540
Gross Rent Multiplier 9.07
Total Expenses $7,361
Vacancy Rate 5.0%

Building & Use

Building Sq Ft 1,636
Leasable Area 1,636 sqft
Total Units 2
Lot Size 5,663 sqft
Year Built 1906

Exterior & Lot

Lot Size 0.13 sqft
Year Built 1906
Exterior Materials Wood
Sewer Sewer Connected
Water Source Public
Lot Features Paved
Exterior Features Wood Products

Community & Access

Directions From Sumner Ave, left on Ontario, right on Pacific, duplex is on left.

Location

City Hoquiam
County Grays Harbor
Coordinates 46.97315, -123.86821

Additional Information

Tax Year 2025
Annual Taxes $2,015
Possession Array
Listed By
Karla Johnson
Hidden Coast Homes

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