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Listing provided courtesy of Every Door Real EstateNWMLSas Distributed by MLSGrid- MLS# NWM2545932MLS Provider

803 Monroe StreetHoquiam, WA 98550

Multi-Family · 2 Beds · 1,864 Sq. ft. | 0.09 Acres
$219,999 Active

803 Monroe Street Overview

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Fantastic opportunity for first-time investors, house hackers, or anyone looking to build equity! This duplex offers excellent income potential in the heart of downtown Hoquiam. The upper unit features 3 bedrooms and 1 bathroom, while the lower unit offers 1 bedroom and 1 bathroom.Both units need updating and some sweat equity, making this a value-add opportunity priced to sell. With renovations, projected rental income is approximately $2,200–$2,300 per month, providing strong cash flow potential. Conveniently located near downtown shopping, restaurants, schools, parks, and local amenities, this property offers easy access to everything Hoquiam has to offer. Whether you're looking to live in one unit while renting the other or add a promising investment property to your portfolio, this duplex is full of upside and ready for your vision. Don't miss this chance to unlock its potential!

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803 Monroe Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,864
  • Price/Sq.ft. $118
  • Lot 0.09 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Hoquiam
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Net Operating Income: 0
  • Total Expenses: 1717
  • Total Monthly Income: 0
  • Water/Sewer/Garbage: 0

Building Information

  • New Construction: No
  • Year Built: 1905

Location/Region

  • Country: US
  • County Or Parish: Grays Harbor
  • MLS Area Major: 197 - Hoquiam
  • Subdivision Name: Hoquiam

Tax Information

  • Tax Annual Amount: $1,717.00
  • Tax Year: 2025

General Information

  • Listing Terms: Cash, Conventional, FHA, VA Loan
  • Parcel Number: 053601000700
  • Property Condition: Good
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 1864
  • Building Area Units: Square Feet
  • Calculated Square Footage: 1864
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Laminate, Carpet
  • Foundation Details: Pillar/Post/Pier
  • Heating: Yes
  • Leasable Area: 2198
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 0
  • Parking Uncovered Total: 0

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • Lot Size Square Feet: 3920
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Duplex

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Wood
  • Number Of Units Total: 2
  • Sewer: STEP Sewer

Unit Information

Unit 1 Details

  • Actual Rent: 0
  • Beds Total: 1
  • Baths Total: 1

Unit 2 Details

  • Actual Rent: 0
  • Beds Total: 1
  • Baths Total: 1

803 Monroe 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
Community data courtesy of LiveBy, Inc.

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.

803 Monroe Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

803 Monroe 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
Calculations provided by Reliance Network

803 Monroe Street History

Date Event Value Agent
6/26/2026Source: NWMLS Added to Database
June 26, 2026