414 ONTARIO Street, Hoquiam, WA 98550 (MLS # 2467372)
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Listing provided courtesy of Northwest MLS; Networks Real Estate LLC
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CASH FLOW FROM THE GET GO! 8.5% CAP RATE! Perfect investment or 1031 exchange property. Fully rented 10 plex features 6 two bedroom units and four one bedroom apartments. Recent electrical updates include new panels in all units. Newer exterior paint and roof too! Interior features include new carpet, vinyl and laminate hardwood flooring. Some bath and kitchen upgrades that include vanities, facets, flooring, commodes, etc...Coin operated laundry helps generate additional income. Owner pays water/sewer/garbage that is included into the rent amount. Tenants pay their own electric. The 2 bedroom units are 900 SF and the 1 bedrooms are 850. Both feature spacious bedrooms and large living areas plus kitchens with eating space. Upstairs units have cute deck area too! Some units have access to 6 X 5 storage units located on backside of complex. Centrally located in downtown Hoquiam next to the YMCA and it's right on the bus line and close to any needed services.
| LAST UPDATED | 1/20/2026 | TRACT | Hoquiam |
|---|---|---|---|
| YEAR BUILT | 1977 | COMMUNITY | Hoquiam |
| COUNTY | Grays Harbor | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Buyer To Verify |
|---|---|
| Jr. High School | Hoquiam Mid |
| High School | Hoquiam High |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 197 - Hoquiam |
| CONSTRUCTION | Wood Siding |
| HEAT | Baseboard, Electric |
| LOT | 0.34 acre(s) |
| LOT DESCRIPTION | Corner Lot, Curbs, Paved, Sidewalk |
| MLS STATUS | Active |
| STORIES | 2 |
| STYLE | 56 - 10+ Units |
| SUBDIVISION | Hoquiam |
| TAXES | 8821 |
| UTILITIES | Cable Available, Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Territorial |
| WATER | Public |
| ZONING | Multi-Family |
| SATELLITE VIEW |
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Properties with the
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 1/20/26 11:53 AM PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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