For Sale36d on marketHistoric · 120 yrs
517 Emerson Avenue
Hoquiam, WA, 98550 • 98550 • Grays Harbor County
$1,118,000
$176/sqft
11Beds
9Baths
6,360Sqft
0.24 acLot
1906Built
Property DNA
5-9 Units Style
Built 1906 · 120 years of history
West Hoquiam
98550
This home is getting attention
Listed 36 days ago · 226 views · 5 saves
Market activity
Demand and pricing signals for this listing
226 views
People checking out this listing
5 saves
Buyers have saved this home
36 days on market
Established listing
$176/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 28% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1906 · Historic
Turn-key 9-unit investment property in a convenient Hoquiam location, offering a 8.5% cap rate. Most units have been updated, one unit undergoing a refresh and will be rented soon. On-site coin-operated laundry adds additional revenue potential, Landlord storage spaces could potentially be converted to storage units or an additional 1 bedroom for extra income. Close to schools, services, and major routes for easy access. Two units, one 2 bedroom and 1 one bedroom could have floorplan changed to add a bedroom to each for increased cash flow.
Estimated monthly payment
Based on current rates
$6,962/month
Principal & Interest$5,471
Property Tax$1,118
Insurance$373
Down payment20% ($223,600)
3%50%
Est. 6.19% rate · 30yr fixed · $894,400 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1906
HeatingWall Unit(s), Electric
CoolingNone
ParkingNo Data
Days on Zillow36 Days
Price/sqft$176
Property
Home typeMulti Family
Sub-typeMulti Family
Style5-9 Units
ConditionFair
Year built1906
Systems
HeatingWall Unit(s), Electric
CoolingNone
RoofComposition
ConstructionWood Siding
Water / SewerCompany: City of Hoquiam / Sewer Connected, Company: City of Hoquiam
Parking & Outdoor
Lot10,454 sqft
Location & Tax
Neighborhood98550
Annual tax$6,600
Parcel053400701300
Features & details
5 categories of property features
Interior Features
Flooring
Laminate
Carpet
Heating
Wall Unit(s)
Electric
Cooling
None
Exterior Features
Construction
Wood Siding
Lot Features
Paved
Sidewalk
Listing insights
Market data and value estimates
StatusFor Sale
Days on market36
Est. rent$1,506/mo
Tax rate0.80%
Price/sqft$176
On marketMar 1, 2026
PostedMar 2, 2026
Last sold$700,000
MLS statusActive
MLS updatedMar 1, 2026
Tour days9
Views226
Favorites5
How are the schools in Hoquiam?
3 schools rated nearby
Location
Hoquiam, WA, 98550
Price history
5 events
DateEventPrice$/sqftSource
Mar 2, 2026Listed For Sale$1,118,000$176NWMLS as distributed by MLS GRID
Jun 24, 2022Sold$700,000$110NWMLS as distributed by MLS GRID
Jun 28, 2019Sold$132,000$21Public Record
Nov 15, 2011Sold$105,000$17Public Record
Jan 19, 2007Sold$100,000$16Public Record
Listed For Sale$1,118,000
Mar 2, 2026•$176/sqft•NWMLS as distributed by MLS GRID
Sold$700,000
Jun 24, 2022•$110/sqft•NWMLS as distributed by MLS GRID
Sold$132,000
Jun 28, 2019•$21/sqft•Public Record
Sold$105,000
Nov 15, 2011•$17/sqft•Public Record
Sold$100,000
Jan 19, 2007•$16/sqft•Public Record
Tax history
23 years of records
YearTax paidAssessed value
Apr 7, 2024$6,195$657,513
Apr 7, 2023$2,846$263,051
Apr 7, 2022$2,908$263,051
Apr 7, 2021$2,409$189,547
Apr 7, 2020$2,564$189,547
Apr 7, 2019$2,177$155,862
Apr 7, 2018$2,177$138,341
Apr 7, 2017$2,199$138,341
Apr 7, 2016$2,189$144,510
Apr 7, 2014$2,189$152,340
Apr 7, 2013$2,250$152,340
Apr 7, 2011$3,250$247,500
Apr 7, 2010$3,238$247,500
Apr 7, 2009$3,012$247,500
Apr 7, 2008$2,011$247,500
Apr 7, 2007$2,011$148,500
Apr 7, 2006$2,297$148,500
Apr 7, 2005$2,270$148,500
Apr 7, 2004$1,714$148,500
Apr 7, 2003$1,676$115,000
Apr 7, 2002$1,634$115,000
Apr 7, 2001$1,584$115,000
Apr 7, 2000$1,058$115,000
Nearby homes
Neighborhood details
Local context around this listing
Hoquiam, WA • Grays Harbor County
Nearby cities
AberdeenCosmopolisElmaGraylandHoquiamMcClearyMontesanoOakville
Nearby zip codes
98520985369855098552
Based on information submitted to the MLS GRID as of 2026-04-07 09:23:18 PDT. 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. [Click here for more information](/mls-disclaimers/#39)
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