Active · Residential Income

106 Garden Hill Road W, Elma, WA 98541

Elma, WA 98541

$1,600,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by Abbey Realty Inc · MLS #2553817 · Active

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About this property

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.

Property details

Property type: Multi Family
Year built: 1978
Lot size: 49,223 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $7,615 (2026)
Parking spaces: 16
School district: Elma

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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