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
- --
- on Zillow
- 270
- views
- 24
- saves
Zillow last checked:
Listing updated:
Listed by:
Michael Durham,
Keller Williams Rlty Bellevue
Source: NWMLS as distributed by MLS GRID,MLS#: 2538113
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: 6/18/2026
- Listing terms: Conventional
Estimated market value
Not available
Estimated sales range
Not available
$2,051/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
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98550
Nearby schools
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.
