414 Ontario Street, Hoquiam, WA 98550 - Photo 1

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$1,350,000 Just Listed

For Sale
Active
Multi-Family
Updated 8 hours ago

Listed by Peter Henry | Networks Real Estate LLC | (360) 528-5000

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Property Description

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.

Full Property Details

Full Property Details for 414 Ontario St

General

Price: $1,350,000
Taxes: $8,821 (2025)
Status: Active
Type: Multi-Family
Source: NWMLS
MLS ID: 2467372
Updated: Today (1/20/2026)
Added to Site: Today

Interior

Flooring: Laminate, Vinyl, Carpet

Additional Information

Amenities: Cable TV, Deck, Patio

Parking

Uncovered Spaces: 12

Location

Area: 197 - Hoquiam
County: Grays Harbor
Subdivision: Hoquiam
Driving Directions: GPS AND WAZE ARE ACCURATE

School Information

High School District: Hoquiam
Elementary School: Buyer To Verify
Middle School: Hoquiam Mid
High School: Hoquiam High

Heating & Cooling

Cooling Type: None
Heating Type: Baseboard, Wall Unit(s)

Utilities

Sewer: Sewer Connected
Water: Public

Structural Information

Structure Type: Multi Family
Exterior Const.: Wood, Wood Products
Foundation: Slab
Roof: Composition
Stories in Building: 2
Square Feet: 8,840
Year Built: 1977
Property Condition: Good

Unit Information

Units in Building: 10

Lot Features

Property View: Territorial
Lot Size (Acres): 0.34
Lot Size (Sq. Ft.): 14,810
Lot Size Source: COUNTY RECORD
Lot Features: Corner Lot, Curbs, Paved, Sidewalk
Zoning: Multi-Family

Financial Considerations

Tax Amount: $8,821
Tax Year: 2025
Terms: Cash Out, Conventional

Disclosures and Reports

Special Conditions: None
Property ID: 55204600500

Listed by Peter Henry | Networks Real Estate LLC | (360) 528-5000

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Schools

Schools serving 414 Ontario St

School District:Hoquiam School District

Name	Grades	Distance
Hoquiam Homelink School 2500 Simpson Avenue, Hoquiam, WA 98550	K-12	0.1 mi
Central Elementary School, Hoquiam, WA 310 Simpson Avenue, Hoquiam, WA 98550	2-6	1.2 mi
Lincoln Elementary School, Hoquiam, WA 700 Wood, Hoquiam, WA 98550	PK-6	1.6 mi
Hoquiam Middle School 200 Spencer Street, Hoquiam, WA 98550	6-8	1.9 mi
Hoquiam High School 501 West Emerson Avenue, Hoquiam, WA 98550	9-12	2.2 mi
Emerson Elementary School, Hoquiam, WA 101 West Emerson Avenue, Hoquiam, WA 98550	PK-1	1.9 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 414 Ontario St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

1/20/2026

Listed

$1,350,000

42.11%

MLS

5/25/2023

Sold

$949,967

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 414 Ontario St

Year

Property Taxes

Change

Tax Assessment

Change

2024

$6,426

—

$936,309

58%

2024

$6,426

-2%

$593,999

—

2023

$6,567

—

$593,999

47%

2023

$6,567

20%

$404,437

—

2021

$5,472

16%

$404,437

20%

2020

$4,707

17%

$337,049

12%

2019

$4,025

-15%

$301,998

—

2017

$4,761

—

$301,998

-4%

2017

$4,761

-4%

$314,340

-7%

2016

$4,964

-3%

$337,480

-1%

2015

$5,137

-5%

$341,250

—

2014

$5,398

—

$341,250

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 414 Ontario St

414 Ontario Street, Hoquiam, WA 98550 (MLS# 2467372) is a Multi-Family property with 10 units containing 0 bedrooms and 0 full bathrooms. 414 Ontario Street is currently listed for $1,350,000 and was received on January 20, 2026. Want to learn more about 414 Ontario Street? Do you have questions about finding other Multi-Family real estate for sale in Hoquiam? You can browse all Hoquiam real estate or contact a Coldwell Banker agent to request more information.

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414 Ontario St Hoquiam, WA 98550