Property Details
244 Emerson Avenue
Hoquiam, WA 98550
$340,000
Active
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Property Overview
Well maintained duplex offering a solid investment opportunity with immediate income. Both units are currently tenant occupied, offering built in cash flow from day one. Each unit features a functional layout with separate entrances, making this an ideal option for investors or owner occupants looking to offset their mortgage. Conveniently located near schools, shopping, and local amenities with easy access to Hwy 101. Low-maintenance property in a growing rental market don’t miss this value add opportunity.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Grays Harbor
Neighborhood
Hoquiam
Listed
Feb 11, 2026
Financial Summary
Cap Rate
8.91%
Net Operating Income
$30,250
Gross Scheduled Income
$34,150
Gross Rent Multiplier
9.94
Total Expenses
$6,600
Building & Use
Building Sq Ft
2,160
Leasable Area
2,160 sqft
Total Units
2
Lot Size
8,276 sqft
Year Built
1949
Exterior & Lot
Lot Size
0.19 sqft
Year Built
1949
Garage
2 spaces
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Corner Lot, Paved, Sidewalk
Exterior Features
Wood, Wood Products
Location
City
Hoquiam
County
Grays Harbor
Coordinates
46.98080, -123.89775
Additional Information
Tax Year
2025
Annual Taxes
$2,000
Possession
Array
Based on information submitted to the MLS GRID as of April 25, 2026 4:32 PM. 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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
