106 Garden Hill Road W Elma, WA 98541
106 Garden Hill Road W
Elma, WA 98541
$1,600,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
Four duplexes offering eight 2-bedroom, 1-bathroom units, each with a private one-car garage. Ideal for families and 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.
Property Features
Community: Garden Hill
5-9 Units
View: Territorial
Exterior: Wood
Exterior: Wood Products
Roof: Composition
Year Built: 1978
2026 Taxes: $7615.00
Buyer Broker Comp.: 2.5%
Listing #: 2553817
Lot Details
Lot Size: 1.13 acres
Dead End Street
Paved
Secluded
No. of Units: 8
Interior
Cooling: None
Heating: Wall Furnace
Electric
Call or Email:
Grace Wamwere
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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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