102 Garden Hill Road W Elma, WA $ 1,100,000
102 Garden Hill Road W
$ 1,100,000
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102 Garden Hill Road W

Elma, WA, 98541
$ 1,100,000
Baths0.0 Sq 2,544

Monthly Estimate*

$ 6,773

Listed by Riley Jackson Real Estate Inc.
102 Garden Hill Road W, Elma, WA 98541 - Image 1
102 Garden Hill Road W, Elma, WA 98541 - Image 2
102 Garden Hill Road W, Elma, WA 98541 - Image 3
102 Garden Hill Road W, Elma, WA 98541 - Image 4
102 Garden Hill Road W, Elma, WA 98541 - Image 5
102 Garden Hill Road W, Elma, WA 98541 - Image 6
102 Garden Hill Road W, Elma, WA 98541 - Image 7
102 Garden Hill Road W, Elma, WA 98541 - Image 8
102 Garden Hill Road W, Elma, WA 98541 - Image 9
102 Garden Hill Road W, Elma, WA 98541 - Image 10
Studio

Multi-Family Home for sale in Elma, WA

for $1,100,000. This 2,544 square foot home was built in 1979 on a lot size of 8.99.

Exceptional investment and future development opportunity in Elma. Two duplexes (4 total rental units) situated across three adjoining parcels totaling 8.99 acres with GR – General Residential zoning.Current NOI of $40,281 with rents slightly below market, offering immediate upside through rent adjustments. Property is served by City water with septic systems in place; sewer connections are nearby (buyer to verify availability and capacity). No floodplain issues reported.Ample frontage on Garden Hill Rd provides strong access and potential layout flexibility for future development. Adjoining parcels include areas of commercial-grade alder timber, adding additional value components.Rare opportunity to acquire nearly 9 acres with in-place income — ideal for investors seeking land banking with cash flow or developers exploring subdivision potential. Shown by appointment only. Do not disturb tenants.

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Multi-Family Active

Price

$ 1,100,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 8,558

Style

4-Plex

Lot Size

8.99

Year Built

1979

Town/City

Elma

County/Region

Grays Harbor

MLS | Web ID

2480941

Features
General
Living Area 0
Sewer Septic Tank
Heating Wall Unit(s)
Cooling None
Possession Subject to Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 4
Year Built 1979
View Territorial
Property Subtype Multi Family
Tax Year 2026
County Grays Harbor
Net Operating Income 40281
Insurance Expense 1825
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Strawberry Hill
Possible Use Residential
Special Listing Conditions None
Status Active
Directions Exit Hwy 12 @ Elma exit N on 3rd St L on Pine St continue up Pine St to left on Garden Hill Rd to property on R.
City Elma
Senior Community Y/N N
High School District Elma
Zoning Description Residential
Number Of Units Total 4
MLS Area 200 - Elma
Lot Size Units Square Feet
Lot Size Square Feet 391604
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 8558
Electric Expense 0
Fuel Expense 0
Property Condition Average
Public Remarks Exceptional investment and future development opportunity in Elma. Two duplexes (4 total rental units) situated across three adjoining parcels totaling 8.99 acres with GR General Residential zoning.
Leasable Area 5088
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities Basement
Water Company City of Elma
Units Below Grade true
Units In Building Total 4
Water Sewer Garbage 4395
Property Style 54 - 4-Plex
Cap Rate 3.66
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Exterior
Exterior Amenities Wood Wood Products
Lot Features Paved Secluded
Water Source Public
Foundation Details Poured Concrete
Building Area Total 2544
Lot Size Acres 8.99
Waterfront Y/N N
Covered Spaces 4
Irrigation Water Rights Y/N N
Site Features Cable TV High Speed Internet
Parking Uncovered Total 12
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Interior
Flooring Vinyl Carpet
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2480941
Street Number 1 102
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* Excluded Features
List By
Kayci Rebal

Listing Agent

Riley Jackson Real Estate Inc.

Broker

Affordability Calculator

$7,486
Per Month
90%
10%
0%
Monthly Principal & Interest
$6,773
Monthly Property Taxes
$713
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
257742 Elementary School
256703 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/18/2026$1,100,000 Listed Price

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102 Garden Hill Road W, Elma, WA, 98541 is a Multi-Family Home for sale at $1,100,000 with 2,544 sqft and a lot size of 8.99. 102 Garden Hill Road W is a studio with 0.0 baths and was built in 1979. The property's zip code is 98541 which is in Elma, WA