Newer appliancesConvenient downstairs bedroomSpacious lot
Investment Opportunity – Updated Multi-Family Duplex Property with Development Potential Excellent opportunity to acquire a well-maintained multi-family asset consisting of two freestanding duplex buildings (4 units total) with an attractive mix of unit sizes and strong long-term upside. Each building includes: • One spacious 3BR / 1.5BA unit (~1,624 SF) • One 2BR / 1.5BA unit (~920 SF) The larger units feature functional layouts including a main-level bedroom and generous bonus living area, creating flexible living space that appeals to both owner-occupants and tenants. Recent Capital Improvements • Units #11 & #15: Fully remodeled within the past three years including updated kitchens, bathrooms, flooring, and interior paint. • Units #12 & #16: Partially updated with refreshed kitchens and newer flooring. • Property-Wide Improvements: Newer appliances, roofs, and water heaters across all units. Parking Each unit includes an attached private garage, a highly desirable feature for tenants and future resale value. Development Upside. Situated on a large lot with additional build potential, the property offers opportunities for further expansion or redevelopment. Investors may also purchase individually or combine with adjacent property (NWMLS #2433761) for a larger assemblage and expanded development possibilities. A compelling combination of current income, recent upgrades, and future development potential.
175 days
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257
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18
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Zillow last checked:
Listing updated:
Offers reviewed: Feb 25
Listed by:
Kayci Rebal,
Riley Jackson Real Estate Inc.,
Paul Strawn,
Riley Jackson Real Estate Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2480929
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 10
Bathrooms: 4
Heating
Baseboard, Wall Furnace, Electric
Cooling
None
Features
Flooring: Vinyl, Carpet
Has fireplace: No
Interior area
Total structure area: 5,088
Total interior livable area: 5,088 sqft
Property
Parking
Total spaces: 12
Parking features: Garage
Garage spaces: 4
Uncovered spaces: 8
Features
Has view: Yes
View description: Territorial
Lot
Size: 1.44 Acres
Features: Open Lot, Paved, Secluded, Cable TV, High Speed Internet
Details
Parcel number: 618062741024
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: 4-Plex
Property subtype: Quadruplex, Multi Family
Materials
Wood Products
Foundation: Poured Concrete
Roof: Composition
Condition
Average
Year built: 1979
Major remodel year: 1979
Utilities & green energy
Electric: Company: Grays Harbor PUD
Sewer: Septic Tank, Company: Septic
Water: Public, Company: City of Elma
Utilities for property: Comcast, Xfinity
Community & HOA
Community
Subdivision: Strawberry Hill
Location
Region: Elma
Financial & listing details
Price per square foot: $134/sqft
Tax assessed value: $722,606
Annual tax amount: $6,899
Offers reviewed: 02/25/2026
Date on market: 8/20/2025
Cumulative days on market: 358 days
Listing terms: Conventional
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,929/mo
Price history
Date
Event
Price
3/4/2026
Price change
$679,999-38.2%$134/sqft
Source: NWMLS as distributed by MLS GRID #2480929Report a problem
2/18/2026
Price change
$1,100,000+57.2%$216/sqft
Source: NWMLS as distributed by MLS GRID #2480941Report a problem
2/18/2026
Listed for sale
$699,900$138/sqft
Source: NWMLS as distributed by MLS GRID #2480929Report a problem