Property Details

2428 Pacific Avenue
Hoquiam, WA 98550
$249,900
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

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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
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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