514 W Main Street Elma, WA 98541
514 W Main Street
Elma, WA 98541
$500,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
Rare chance to own a versatile 4-plex in a high-visibility location directly across from the bus depot and within walking distance to schools, shopping, dining, laundromat, post office, and near the new hospital. Three 1-bed/1-bath units are currently leased, generating $3,730 per month in rental income, with unit 2 offering strong additional rental potential or the perfect owner-occupant setup. Units have been updated, and property features a newer roof and newer windows. Four off-alley parking spaces plus ample street parking. Strong rental history and individually metered units with tenants paying their own electricity and heating. Assumable VA loan at 2.3% interest rate, subject to lender approval. A rare opportunity in today’s market.
Property Features
Community: Elma
4-Plex
View: Territorial
Deck
Exterior: Wood
Roof: Composition
Year Built: 1881
2025 Taxes: $3949.18
Listing #: 2483635
Lot Details
Lot Size: 0.19 acres
Alley
Curbs
Paved
Sidewalk
No. of Units: 4
Interior
Cooling: None
Heating: Baseboard
Electric
Schools
District: Elma
Elem: Elma Elem
Middle: Elma Mid
High: Elma High
Call or Email:
Grace Wamwere
What's Near 514 W Main Street 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.
DMCA Notice 
Courtesy of Epique Realty
