244 Emerson Avenue, Hoquiam, WA 98550

$340,000
2,160
SqFt

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Listing courtesy of COMPASS.

List Price
$340,000
Status
ACTIVE
MLS#
2478392
Days on Market
168
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,160
Area Total SqFt
2160
Annual Tax Ammount
2000
Internet Provider
Xfinity
Lot Size (sq ft)
8,276
Sewer
Sewer Connected

Property Description

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.

Additional Information

List Date
2026-02-11 18:26:22
Community
Hoquiam
Net Operating Income
$30,250
Gross Adjusted Income
$34,150
Gross Scheduled Income
$34,150
Total Monthly Income
$2,750
Insurance Expenses
$3,600
Water/Sewer/Garbage Expenses
$600
Gross Rent Multiplier
9.94
Total Expenses
$6,600
Cap Rate
8.91
Total Number of Units
2
Unit Name
244
Potential Terms
Cash, Conventional, FHA
Year Built
1949
View
City, Territorial
Roof
Flat, Green Roof, Metal
Site Features
Fenced-Fully
Electric Expenses
200
Energy Source
Electric
School District
Hoquiam
Elementary School
Buyer To Verify
Middle School
Hoquiam Mid
High School
Hoquiam High
Total Monthly Income
$2,750
Gross Scheduled Income
$34,150
Gross Adjusted Income
$34,150
Tax Year
2025
Insurance Expense
$3,600
W/S/G Expenses
$600
Total Expenses
$6,600
Net Operating Income
$30,250
Gross Rent Multiplier
9.94
Cap Rate
8.91
Based on information submitted to the MLS GRID as of . 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 noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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