Property Details
520 28th Street
Hoquiam, WA 98550
$575,000
Active
Schedule a Showing
Select your date preference
Request More Info
1 / 29
Property Overview
Looking to start a rental portfolio? Here is the perfect property to do it. Live in the house, rent out the apartments, or live in one of the apartments and maximize your cash flow from the rest. Great Cash Flowing rental property, most units have been updated, minimal deferred maintenance, new roofs on the apartments and garage. Lots of on street and off street parking. Coin op laundry.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Grays Harbor
Neighborhood
Hoquiam
Listed
Aug 11, 2026
Structure Type
Multi Family
Parcel Number
055205102200
Tax & HOA
Annual Property Tax
$3,014 (2026)
Est. Monthly Tax
$251/mo
Financial Summary
Cap Rate
10.77%
Net Operating Income
$61,928
Gross Scheduled Income
$75,720
Gross Rent Multiplier
7.59
Total Expenses
$13,792
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
4,335
Leasable Area
4,335 sqft
Total Units
5
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
8,699 sqft
Year Built
1908
Exterior & Lot
Lot Size
0.20 sqft
Year Built
1908
Garage
2 spaces
Exterior Materials
Wood
Sewer
Sewer Connected
Exterior Features
Wood Products
Community & Access
Directions
Head towards Hoquiam from Aberdeen, take a left on 28th St, property is on the corner of 28th st and Pacific Ave
Location
City
Hoquiam
County
Grays Harbor
Coordinates
46.97364, -123.86078
Additional Information
Tax Year
2026
Annual Taxes
$3,014
Possession
Array
Based on information submitted to the MLS GRID as of August 11, 2026 10:45 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.
