106 Garden Hill Road W, Elma, WA 98541

Elma
Local realty services provided by:Better Homes and Gardens Real Estate Pacific Commons
Listed by: joshua abbey
Office: abbey realty inc
MLS#:2553817
Source:NWMLS
106 Garden Hill Road W,Elma, WA 98541
$1,600,000
  • - Beds
  • - Baths
  • 6,688 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,600,000
  • Price per sq. ft.:$239.23

About this home

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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Home facts

  • Year built:1978
  • Subdivision & Development:Garden Hill
  • Listing ID #:2553817
  • Updated:September 05, 2026 at 12:30 AM

Rooms and interior

  • Flooring:Carpet, Laminate, Vinyl Floor
  • Living area:6,688 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1978
  • Building area:6,688 sq. ft.
  • Lot area:1.13 Acres
  • Lot Features:Dead-end Street, Paved, Secluded
  • Construction Materials:Wood Exterior Finish, Wood Products Exterior Finish

Utilities

  • Water:Public
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$1,600,000
  • Price per sq. ft.:$239.23
  • Tax amount:$7,615 (2026)

Parking

  • Total parking spaces:16
  • Garage:Yes
  • Garage spaces:8
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