Property Details
803 Monroe Street
Hoquiam, WA 98550
$187,999
Active
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Property Overview
Fantastic opportunity for first-time investors, house hackers, or anyone looking to build equity! This duplex offers excellent income potential in the heart of downtown Hoquiam. The upper unit features 3 bedrooms and 1 bathroom, while the lower unit offers 1 bedroom and 1 bathroom.Both units need updating and some sweat equity, making this a value-add opportunity priced to sell. With renovations, projected rental income is approximately $2,200–$2,300 per month, providing strong cash flow potential. Conveniently located near downtown shopping, restaurants, schools, parks, and local amenities, this property offers easy access to everything Hoquiam has to offer. Whether you're looking to live in one unit while renting the other or add a promising investment property to your portfolio, this duplex is full of upside and ready for your vision. Don't miss this chance to unlock its potential!
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Grays Harbor
Neighborhood
Hoquiam
Listed
Jul 31, 2026
Structure Type
Duplex
Parcel Number
053601000700
Tax & HOA
Annual Property Tax
$1,717 (2025)
Est. Monthly Tax
$143/mo
Financial Summary
Total Expenses
$1,717
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
1,864
Leasable Area
2,198 sqft
Total Units
2
Lot Size
3,920 sqft
Year Built
1905
Exterior & Lot
Lot Size
0.09 sqft
Year Built
1905
Exterior Materials
Wood
Sewer
STEP Sewer
Water Source
Public
Lot Features
Corner Lot, Curbs, Paved, Sidewalk
Exterior Features
Wood
Community & Access
Directions
From US-101, take the Hoquiam/Wishkah Street exit and continue into downtown Hoquiam. Turn onto Monroe St; 803 Monroe St will be on the street.
Location
City
Hoquiam
County
Grays Harbor
Coordinates
46.98736, -123.88435
Additional Information
Tax Year
2025
Annual Taxes
$1,717
Possession
Array
Based on information submitted to the MLS GRID as of July 31, 2026 10:00 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.
