Property Details
2428 Pacific Avenue
Hoquiam, WA 98550
$239,900
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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
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
