Listing provided courtesy of Keller Williams Rlty BellevueNWMLSas Distributed by MLSGrid- MLS# NWM2538113
Images
Request Info1020 J StreetHoquiam, WA 98550
Multi-Family · 12 Beds · 6,971 Sq. ft. | 0.14 Acres$485,000
Active
1020 J Street Overview
- Visits:
- 0
Aggressively priced 7-unit apartment building with a strong rental history and clear value-add upside. The property features four 2-bedroom units and three 1-bedroom units, offering a desirable mix of living spaces for tenants. Rents are currently below market, creating a strong opportunity for future rental increases and improved cash flow.The building also includes a garage that can be used as a shop, tenant storage, or additional income-producing space. Conveniently located near public transportation, shopping, and everyday amenities, this property offers both stability and upside potential for investors looking to maximize returns.
Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map
1020 J Street Facts & Features
- Type Multi-Family
- Sq. ft. 6,971
- Price/Sq.ft. $70
- Lot 0.14 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Hoquiam
- Elementary School: Buyer To Verify
- Middle Or Junior School: Hoquiam Mid
- High School: Hoquiam High
Income/Expenses
- Other Expense: 11000
- Electric Expense: 0
- Fuel Expense: 0
- Gross Scheduled Income: 75900
- Insurance Expense: 3458
- Net Operating Income: 43446
- Total Expenses: 32454
- Total Monthly Income: 75900
- Water/Sewer/Garbage: 14984
Building Information
- Building Name: Hoquiam Corr
- New Construction: No
- Year Built: 1929
Location/Region
- Country: US
- County Or Parish: Grays Harbor
- MLS Area Major: 197 - Hoquiam
- Subdivision Name: Hoquiam
Tax Information
- Tax Annual Amount: $3,012.00
- Tax Year: 2025
General Information
- Listing Terms: Cash, Conventional
- Parcel Number: 051806401400
- Possible Use: Multi-Family
- Property Condition: Good
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Parking Information
- Garage Spaces: 1
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 6971
- Building Area Units: Square Feet
- Calculated Square Footage: 6971
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: Yes
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Laminate, Vinyl, Carpet
- Foundation Details: Concrete Ribbon, Pillar/Post/Pier
- Heating: Yes
- Leasable Area: 6555
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Stories Total: 2
Exterior
Parking Information
- Open Parking: No
- Parking Total: 2
- Parking Uncovered Total: 1
Lot Information
- Irrigation Water Rights: No
- Lot Features: Corner Lot, Curbs, Paved, Sidewalk
- Lot Size Acres: 0.14
- Lot Size Dimensions: 56x97x56x97
- Lot Size Square Feet: 6098
- Lot Size Units: Square Feet
- Site Features: Cable TV
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Roof: Flat
- Structure Type: Multi Family
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 1
- Exterior Features: Wood
- Number Of Units Total: 7
- Sewer: Sewer Connected
Unit Information
Unit 1 Details
- Actual Rent: 1000
- Beds Total: 2
- Baths Total: 1
Unit 7 Details
- Actual Rent: 1200
- Beds Total: 3
- Baths Total: 1
Unit 4 Details
- Actual Rent: 775
- Beds Total: 1
- Baths Total: 1
Unit 5 Details
- Actual Rent: 800
- Beds Total: 1
- Baths Total: 1
Unit 6 Details
- Actual Rent: 850
- Beds Total: 2
- Baths Total: 1
Unit 2 Details
- Actual Rent: 850
- Beds Total: 1
- Baths Total: 1
Unit 3 Details
- Actual Rent: 925
- Beds Total: 2
- Baths Total: 1
1020 J Street Neighborhood
Community
98550 (Hoquiam) Demographics
45
Median Age
44
Population Density (per sq. mile)
30%
College Educated
$46,622
Estimated Median Income
3,139
Estimated Total Home Owners
1,775
Estimated Total Renters
64% / 36%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1020 J Street Monthly Cost
1020 J Street Market Data
Based on the last 30 days in this zip code
$333,605
Average List Price
$194
Average Price per Square Foot
9
Properties Sold
114
Average Days on Market
96
Properties for Sale
1020 J Street History
| Date | Value | Agent |
|---|---|---|
| 6/18/2026Source: NWMLS | June 18, 2026 |
|
| 6/20/2022Source: NWMLS | June 01, 2021 |