Property Details
2428 Pacific Avenue
Hoquiam, WA 98550
$249,900
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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
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
