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.
Active
Listed by: Keller Williams Rlty Bellevue • Michael Durham
$485,000
1020 J Street, Hoquiam, WA 98550
12beds
7baths
6,971sqft
Multi Family
Built in 1929
-- sqft lot
$-- Zestimate®
$70/sqft
$-- HOA
What's special
- 23 days |
- 454 |
- 31 |
Zillow last checked:
Listing updated:
Listed by:
Michael Durham,
Keller Williams Rlty Bellevue
Source: NWMLS as distributed by MLS GRID,MLS#: 2538113
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 7
Heating
- Baseboard, Electric
Cooling
- Wall Unit(s)
Features
- Flooring: Laminate, Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 6,971
- Total interior livable area: 6,971 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 1
- Uncovered spaces: 1
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 6,098 Square Feet
- Dimensions: 56 x 97 x 56 x 97
- Features: Corner Lot, Curbs, Paved, Sidewalk, Cable TV
Details
- Parcel number: 051806401400
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 5-9 Units
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Concrete Ribbon
- Roof: Flat
Condition
- Good
- Year built: 1929
Utilities & green energy
- Electric: Company: Grays Harbor PUD
- Sewer: Sewer Connected, Company: City of Hoquiam
- Water: Public, Company: City of Hoquiam
Community & HOA
Community
- Subdivision: Hoquiam
Location
- Region: Hoquiam
Financial & listing details
- Price per square foot: $70/sqft
- Tax assessed value: $346,591
- Annual tax amount: $3,012
- Date on market: 6/17/2026
- Cumulative days on market: 25 days
- Listing terms: Conventional
Estimated market value
Not available
Estimated sales range
Not available
$2,124/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Listed for sale | $485,000+73.8%$70/sqft |
Source:  NWMLS as distributed by MLS GRID #2538113 Report a problem | ||
| 7/30/2019 | Sold | $279,000+11.6%$40/sqft |
Source: NWMLS as distributed by MLS GRID #1467617 Report a problem | ||
| 6/13/2019 | Pending sale | $250,000$36/sqft |
Source: First Harbor Real Estate, Inc. #1467617 Report a problem | ||
| 6/4/2019 | Listed for sale | $250,000$36/sqft |
Source: First Harbor Real Estate, Inc. #1467617 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,266 +10.8% | $346,591 +27.2% |
| 2023 | $2,948 -2.2% | $272,493 |
| 2022 | $3,012 +6.8% | $272,493 +22.8% |
| 2021 | $2,821 -6.1% | $221,972 |
| 2020 | $3,003 +18.7% | $221,972 +22.5% |
| 2019 | $2,530 | $181,178 +13.3% |
| 2018 | $2,530 -0.5% | $159,959 |
| 2017 | $2,542 +0.2% | $159,959 -4.5% |
| 2016 | $2,536 | $167,430 -7.5% |
| 2014 | $2,536 +3% | $181,000 |
| 2013 | $2,463 -4.3% | $181,000 -7.7% |
| 2011 | $2,574 +0.4% | $196,000 |
| 2010 | $2,564 +7.5% | $196,000 |
| 2009 | $2,385 +53.1% | $196,000 |
| 2008 | $1,558 | $196,000 +70.4% |
| 2007 | $1,558 -12.4% | $115,000 |
| 2006 | $1,779 +1.2% | $115,000 |
| 2005 | $1,758 +7.3% | $115,000 |
| 2004 | $1,639 +2.2% | $115,000 +4.5% |
| 2003 | $1,604 +2.6% | $110,000 |
| 2002 | $1,563 +3.1% | $110,000 |
| 2001 | $1,515 -3% | $110,000 -8.3% |
| 2000 | $1,561 | $120,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 98550
Nearby schools
GreatSchools rating
- 2/10Central Elementary SchoolGrades: 2-5Distance: 0.5 mi
- 7/10Hoquiam Homelink SchoolGrades: K-12Distance: 0.7 mi
- NAEmerson Elementary SchoolGrades: PK-1Distance: 1.1 mi
Schools provided by the listing agent
- Middle: Hoquiam Mid
- High: Hoquiam High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Washington
- Grays Harbor County
- Hoquiam
- 98550
- 1020 J Street
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