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Listed by:Abbey Realty Inc • Joshua Abbey
$1,600,000
Est. payment /mo
16 Beds
8 Baths
6,688 SqFt
New
106 Garden Hill RD W Elma, WA 98541
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,688 sqft
Price per Sqft $239
Subdivision Garden Hill
MLS Listing ID 2553817
Style 55 - 5-9 Units
Bedrooms 16
Year Built 1978
Annual Tax Amount $7,615
Lot Size 1.130 Acres
Property Sub-Type Multi Family
Property 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.
Location
State WA
County Grays Harbor
Area 200 - Elma
Interior
Flooring Laminate, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
Garage Spaces 8.0
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Dead End Street, Paved, Secluded
Sewer Septic Tank
Water Public
New Construction No
Schools
School District Elma
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.