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106 Garden Hill Road W Elma, WA $ 1,600,000
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$ 1,600,000 Get more info
106 Garden Hill Road W
$ 1,600,000
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106 Garden Hill Road W

Elma, WA, 98541
$ 1,600,000
Bedrooms16 Baths8.0 Sq 6,688

Monthly Estimate*

$ 10,103

Listed by Abbey Realty Inc
106 Garden Hill Road W, Elma, WA 98541 - Image 1
106 Garden Hill Road W, Elma, WA 98541 - Image 2
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106 Garden Hill Road W, Elma, WA 98541 - Image 4
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106 Garden Hill Road W, Elma, WA 98541 - Image 8
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Multi-Family Home for sale in Elma, WA

for $1,600,000 with 16 bedrooms and 8 full baths. This 6,688 square foot home was built in 1978 on a lot size of 1.13.

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.

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Multi-Family Active

Price

$ 1,600,000

Bedrooms

16

Full Bath

8

Property Type

Multi-Family

Taxes

$ 7,615

Style

5-9 Units

Lot Size

1.13

Year Built

1978

Town/City

Elma

County/Region

Grays Harbor

MLS | Web ID

2553817
Features
General
Living Area 0
Sewer Septic Tank
Heating Wall Furnace
Cooling None
Possession Subject To Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 8
Year Built 1978
View Territorial
Property Subtype Multi Family
Tax Year 2026
County Grays Harbor
Net Operating Income 106930
Insurance Expense 10835
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Garden Hill
Special Listing Conditions None
Status Active
Directions GPS is accurate
City Elma
Senior Community Y/N N
High School District Elma
Number Of Units Total 8
MLS Area 200 - Elma
Lot Size Units Square Feet
Lot Size Square Feet 49223
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 7615
Electric Expense 0
Fuel Expense 0
Public Remarks 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: $1
Leasable Area 7200
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Water Company City of Elma
Units Below Grade false
Units In Building Total 8
Water Sewer Garbage 8000
Property Style 55 - 5-9 Units
Cap Rate 6.7
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Exterior
Exterior Amenities Wood Wood Products
Lot Features Dead End Street Paved Secluded
Water Source Public
Total Parking 16
Foundation Details Poured Concrete
Building Area Total 6688
Lot Size Acres 1.13
Waterfront Y/N N
Covered Spaces 8
Irrigation Water Rights Y/N N
Parking Uncovered Total 8
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Interior
Flooring Laminate 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 NWM2553817
Street Number 1 106
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* Excluded Features
List By
Joshua Abbey

Listing Agent

Abbey Realty Inc

Broker

Affordability Calculator

$10,737
Per Month
94%
6%
0%
Monthly Principal & Interest
$10,103
Monthly Property Taxes
$635
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
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Pricing History
DatePricePrice ChangeDescription
7/16/2026$1,600,000 Listed Price

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106 Garden Hill Road W, Elma, WA, 98541 is a Multi-Family Home for sale at $1,600,000 with 6,688 sqft and a lot size of 1.13. 106 Garden Hill Road W has 16 bedrooms, 8.0 baths, and was built in 1978. The property's zip code is 98541 which is in Elma, WA

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