102 Garden Hill Road W Elma, WA 98541
102 Garden Hill Road W
Elma, WA 98541
$1,100,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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.
Property Features
Community: Strawberry Hill
4-Plex
View: Territorial
Cable TV
High Speed Internet
Exterior: Wood
Exterior: Wood Products
Roof: Composition
Year Built: 1979
2026 Taxes: $8558.00
Buyer Broker Comp.: Request in Offer
Listing #: 2480941
Lot Details
Lot Size: 8.99 acres
Paved
Secluded
No. of Units: 4
Interior
Cooling: None
Heating: Wall Unit(s)
Electric
Call or Email:
Grace Wamwere
What's Near 102 Garden Hill Road W Elma, WA 98541?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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Courtesy of Riley Jackson Real Estate Inc.
