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No HOA
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Listed by: Joshua Abbey (360) 280-7551 | Abbey Realty Inc (360) 459-0428
$1,600,000
Monthly Est:$7,964
16 Beds
8 Baths
6,688sqft
106 Garden Hl Rd W, Elma, WA 98541
$1,600,000
$7,964/moEst:
Get Pre-Approved
Duplex
Built in 1978
$-- HOA
1.13 acres lot
$239/sq.ft
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.
- Houzeo last checked: 12 hours ago
- Listing updated: September 22, 2026 at 6:38 am
- Source: Northwest Multiple Listing Service | MLS#: NWM2553817
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1978
HOA Fees
-
Finished Area
6,688 sqft
Lot Size
1.13 acres lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2553817
MLS Status
Active
Days on Market
78
Cumulative Days on Market
77
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 16
Bathrooms: 8
Interior
Flooring
Laminate, Vinyl, Carpet
Exterior Features
Wood, Wood Products
Sewer
Septic Tank
Heating
Wall Furnace
Cooling
None
Construction
Year Built
Year Built: 1978
Home type
Duplex
Roof
Composition
Foundation Details
Poured Concrete
Construction Materials
Wood
Utilities & Energy
Water Source
Public
Other Features
Lot Features
Dead End Street, Paved, Secluded
Subdivision Name
Garden Hill
Price History
| Date | Event | Price |
|---|---|---|
07/16/2026 Source: | Listed for Sale | $1,600,000 $239/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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