$1,600,000
 $8,589 est/mo Sourced by Back At You

106 Garden Hill Road,Elma, WA 98541

Elma, WA 98541

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Description

Four duplexes offering eight 2-bedroom, 1-bathroom units, each with a private one-car garage. Ideal for long-term tenants in a desirable small-town setting. Strong Financials Annual Gross Income: $140,000 Cap Rate: 6.7% Recent roofs (approx. 5 years old) minimize near-term capex. Efficient duplex layout supports easy management and tenant privacy. Prime Location Elma provides rural charm with convenient access to Olympia (~30 miles), outdoor recreation, parks, and local amenities. Steady rental demand in an affordable market makes this a reliable cash-flowing asset. Perfect for investors seeking immediate income, low maintenance, and long-term appreciation. Turnkey opportunity with strong upside potential. Contact us today for full details, rent roll, and showing. Serious inquiries only.

Details

MLS #2553817
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1978
Days On Site67
Listing Provided ByAbbey Realty Inc | Joshua Abbey

Features

SQ Feet6,688
Garage8
Story(s)1
Units8
Acreage1.13
Property ViewYes

Taxes

Property7615

Area Information

StateWA
CountyGrays Harbor
CityElma
Zip Code98541
Area200 Elma
Community NameGarden Hill
Listing VS Median (in Garden Hill)
Price:
$1,600,000
low | high
Med:
$1,032,450
85.471875% of Average
sqft:
6,688
low | high
Med:
4,104
88.636363636364% of Average
$ / sqft:
$239
low | high
Med:
$273
36.07625% of Average
On site:
67
low | high
Med:
75
89.333333333333% of Average
Sourced by Back At You

Market Activity 98541

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Learn More About This Property

StateWA
CountyGrays Harbor
CityElma
Zip Code98541
Area200 Elma
Community NameGarden Hill
Listing VS Median (in Garden Hill)
Price:
$1,600,000
low | high
Med:
$1,032,450
85.471875% of Average
sqft:
6,688
low | high
Med:
4,104
88.636363636364% of Average
$ / sqft:
$239
low | high
Med:
$273
36.07625% of Average
On site:
67
low | high
Med:
75
89.333333333333% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.2M - $2M
sqft: 5,000 - 8,000
Nearby Listings Property ImageNearby Listings Details
102 Garden Hill Road Property Photo 1
$679,999
102 Garden Hill Road
Elma, WA 98541
Listing Updated: July 17, 2026 at 9:21:10 AM PDT