414 Ontario St

Hoquiam, WA 98550

$1,350,000
Price
16
Beds
10
Baths
8,840 Sq. Ft.
$153 / Sq. Ft.
8,840
Sq. Ft.
$153
per Sq. Ft.
a view of a house with wooden stairs
a view of a house with a yard and potted plants
a view of car parked in garage
a view of car parked in garage
a view of a backyard of the house
a view of a street with cars
a front view of a house with a yard
a view of a house with a small yard and wooden fence
a house view with a garden space
a view of a water fountain
a view of an empty room and a window
a living room with furniture and a flat screen tv
a living room with furniture and a flat screen tv
a bathroom with a sink and a mirror
a white toilet sitting next to a shower
a bathroom with a sink toilet and shower
a bathroom with a granite countertop shower curtain
a bathroom with a sink vanity and a mirror
a front view of a house with garden
a view of a house with a flower garden
a view of roof with sitting area
a view of a back yard of the house
a view of a balcony with chairs
a view of a house with wooden fence and porch
a front view of a house with entryway
a kitchen with stainless steel appliances granite countertop a refrigerator and a stove top oven
a kitchen with granite countertop a sink dishwasher stove and cabinets
a view of a room that has a bed and wooden floor
a bedroom with a bed couch and a window
a bedroom with a bed and a couch
a living room with furniture a rug and a large window
a view of wooden staircase
a view of a balcony with chairs and a stove
a view of deck with wooden floor and seating space
a view of backyard with potted plants and wooden fence
a bathroom with a shower
a view of entryway
a view of a house with a street
Listing provided courtesy of Networks Real Estate LLC

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. Tenants pay all...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. Tenants pay all utility bills. 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.
  1. Listed by Peter Henry • Networks Real Estate LLC

Property Details for 414 Ontario Street

Community Name
Hoquiam
School District
Hoquiam
View
Territorial
Total Covered Parking
0
Entry Date
01-20-2026
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 01/21/2026 04:08 PM

Property Details for 414 Ontario Street

StatusActive
MLS #2467372
Days on Market6
Cumulative Days on Market6
Taxes$8,821 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1977
Lot Size0.34 AC / 14,810 SF
CountyGrays Harbor County

Location

Listing Courtesy of Networks Real Estate LLC
Add your commute

Building Information for 414 Ontario Street

Stories2Residences10Year Built1977Building Size-Lot Size0.34 AC / 14,810 SF

Payment Calculator

$7,315 per month

30 year fixed, 6.15% Interest

Principal and Interest

$6,580

Property Taxes

$735

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 414 Ontario Street

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Site Features: Cable TV, Deck, Patio
  • Area: 197 - Hoquiam
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Hoquiam Mid
  • High School: Hoquiam High
  • Effective Year Built Source: See Remarks
  • Directions: GPS AND WAZE ARE ACCURATE
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Garage Spaces: 0.0
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 12.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Laminate, Vinyl, Carpet
  • Amenities: Coin Op Laundry
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard, Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 11800
  • Power Company: GRAYS HARBOR PUD
  • Sewer Company: CITY OF HOQUIAM
  • Water Company: CITY OF HOQUIAM
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Slab
  • Zoning Remarks: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: COUNTY RECORD
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1977
  • Photos Count: 40
Lot Information
  • Lot Details: Corner Lot, Curbs, Paved, Sidewalk
  • Lot Size Source: COUNTY RECORD
  • Parcel Number Free Text: 055204600500
  • Building Condition: Good
  • Calculated Square Footage: 8840
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 8840.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Total Uncovered Parking: 15
  • Number of Uncovered Spaces: 12
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 10
  • Units Below Grade: false
  • Units In Building Total: 10
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 39344
  • Gross Adjusted Income: 114852
  • Gross Rent Multiplier: 8.75
  • Gross Scheduled Income: $154,196
  • Insurance Expense: $15,623
  • Net Operating Income: $114,852
  • Other Expenses: $3,100
  • Total Monthly Income: 12916
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 850
  • Rent Unit 1: $1,215.00
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 850
  • Rent Unit 2: $1,215.00
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 850
  • Rent Unit 3: $1,215.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 850
  • Rent Unit 4: $1,215.00
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 5
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: false
  • Square Feet Unit 5: 900
  • Rent Unit 5: $1,331.00
  • Bedrooms Unit 5: 2
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 6
  • Washer/Dryer Unit 6: false
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: false
  • Square Feet Unit 6: 900
  • Rent Unit 6: $1,331.00
  • Bedrooms Unit 6: 2
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 7
  • Washer/Dryer Unit 7: false
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: false
  • Square Feet Unit 7: 900
  • Rent Unit 7: $1,331.00
  • Bedrooms Unit 7: 2
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: 8
  • Washer/Dryer Unit 8: false
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Dishwasher Unit 8: false
  • Square Feet Unit 8: 900
  • Rent Unit 8: $1,331.00
  • Bedrooms Unit 8: 2
  • Bathrooms Unit 8: 1
Unit 9
  • Name Unit 9: 9
  • Washer/Dryer Unit 9: false
  • Range/Oven Unit 9: true
  • Refrigerator Unit 9: true
  • Dishwasher Unit 9: false
  • Square Feet Unit 9: 900
  • Rent Unit 9: $1,331.00
  • Bedrooms Unit 9: 2
  • Bathrooms Unit 9: 1
Unit 10
  • Name Unit 10: 10
  • Washer/Dryer Unit 10: false
  • Range/Oven Unit 10: true
  • Refrigerator Unit 10: true
  • Dishwasher Unit 10: false
  • Square Feet Unit 10: 900
  • Rent Unit 10: $1,331.00
  • Bedrooms Unit 10: 2
  • Bathrooms Unit 10: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 8840.0

Property History for 414 Ontario Street

DateEvent & SourcePriceAppreciation
Jan 20, 2026

Listed (Active)

NWMLS #2467372

$1,350,000—
May 26, 2023

Sold

NWMLS #2058783

$950,000—
May 25, 2023

Sold (Public Record)

Public Record #1513283867

$949,967

+19.9% / yr

Apr 26, 2023

Pending

NWMLS #2058783

—
Apr 21, 2023

Listed (Active)

NWMLS #2058783

$999,900—
Dec 29, 2020

Sold (Public Record)

Public Record #692081104

$615,000—
DateEvent & SourcePrice
01/20/2026

Listed (Active)

NWMLS #2467372

$1,350,000
05/26/2023

Sold

NWMLS #2058783

$950,000
05/25/2023

Sold (Public Record)

Public Record #1513283867

$949,967

+19.9% / yr

04/26/2023

Pending

NWMLS #2058783

—
04/21/2023

Listed (Active)

NWMLS #2058783

$999,900
12/29/2020

Sold (Public Record)

Public Record #692081104

$615,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 414 Ontario Street

Taxable ValueLand$63,750Additions$872,559Total$936,309
Tax Record2024$6,426 ($535 / month)
Home Facts
Total Finished SqFt8,840 SqFtAbove Ground SqFt8,840 SqFtStories2Lot Size14,810 SqFtStyleMulti-Family Dwelling (2-4)Year Built1977CountyGRAYS HARBORAPN055204600500

Schools near 414 Ontario Street

This home is within Hoquiam School District.
Rating
School
Type
Grades
Distance
Emerson Elementary School
Public - PK to 1
Lincoln Elementary School
Public - 2 to 5
Central Elementary School
Public - 2 to 5
Hoquiam Middle School
Public - 6 to 8
Rating
School
Distance
Emerson Elementary School
PublicPK to 1

Lincoln Elementary School
Public2 to 5

Central Elementary School
Public2 to 5

Hoquiam Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 414 Ontario Street, Hoquiam, WA 98550

414 Ontario Street is a multi-family home for sale in Hoquiam, WA 98550. This property was listed for sale on January 20, 2026 by Networks Real Estate LLC, it's currently listed at $1,350,000. It has been on the market for a total of 6 days and was last sold on May 26, 2023. This listing's school district is Hoquiam School District. Nearby schools include Emerson Elementary School, Lincoln Elementary School and Central Elementary School. 414 Ontario Street is a 16-bed, 10-bath, 8,840 sqft multi-family home built in 1977.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Networks Real Estate LLC

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/26/2026 08:03 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.