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.
Active
Listed by: Abbey Realty Inc • Joshua Abbey
$1,600,000
106 Garden Hill Road W, Elma, WA 98541
16beds
8baths
6,688sqft
:
Get pre-qualified$9,989/mo
Multi Family
Built in 1978
-- sqft lot
$-- Zestimate®
$239/sqft
$-- HOA
What's special
Private one-car garage
- 27 days |
- 318 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Joshua Abbey,
Abbey Realty Inc
Source: NWMLS as distributed by MLS GRID,MLS#: 2553817
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 8
Heating
- Wall Furnace, Electric
Cooling
- None
Features
- Flooring: Laminate, Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 6,688
- Total interior livable area: 6,688 sqft
Property
Parking
- Total spaces: 16
- Parking features: Garage
- Garage spaces: 8
- Uncovered spaces: 8
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 1.13 Acres
- Features: Dead End Street, Paved, Secluded
Details
- Parcel number: 180627410190
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 5-9 Units
- Property subtype: Multi Family
Materials
- Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1978
- Major remodel year: 1978
Utilities & green energy
- Electric: Company: Gray's Harbor PUD
- Sewer: Septic Tank, Company: Shared Septic
- Water: Public, Company: City of Elma
- Utilities for property: Xfinity, Xfinity
Community & HOA
Community
- Subdivision: Garden Hill
Location
- Region: Elma
Financial & listing details
- Price per square foot: $239/sqft
- Tax assessed value: $805,322
- Annual tax amount: $7,615
- Date on market: 7/15/2026
- Cumulative days on market: 29 days
- Listing terms: Conventional
Estimated market value
Not available
Estimated sales range
Not available
$1,565/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Listed for sale | $1,600,000$239/sqft |
Source:  NWMLS as distributed by MLS GRID #2553817 Report a problem | ||
| 8/18/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 8/1/2022 | Listed for rent | $1,250+38.9% |
Source: Zillow Rental Manager Report a problem | ||
| 5/20/2017 | Listing removed | $900 |
Source: Zillow Rental Manager Report a problem | ||
| 5/14/2017 | Price change | $900+5.9% |
Source: Zillow Rental Manager Report a problem | ||
| 5/12/2017 | Listed for rent | $850 |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,318 -4.2% | $805,322 |
| 2023 | $7,639 +4.6% | $805,322 |
| 2022 | $7,301 +16.4% | $805,322 +36.4% |
| 2021 | $6,271 +10.1% | $590,392 +21.8% |
| 2020 | $5,695 -1% | $484,920 |
| 2019 | $5,750 | $484,920 +14.6% |
| 2018 | $5,750 +2.7% | $423,253 +6.3% |
| 2017 | $5,598 +6% | $398,180 |
| 2016 | $5,282 | $398,180 -2.8% |
| 2014 | $5,282 +1.5% | $409,860 +3.5% |
| 2013 | $5,205 +5.7% | $396,080 -13.4% |
| 2011 | $4,924 -1.5% | $457,600 |
| 2010 | $5,001 +3.1% | $457,600 |
| 2009 | $4,851 +8.2% | $457,600 |
| 2008 | $4,485 | $457,600 +35.8% |
| 2007 | $4,485 -4% | $337,060 |
| 2006 | $4,673 +1.2% | $337,060 |
| 2005 | $4,616 +14.6% | $337,060 |
| 2004 | $4,029 -18.5% | $337,060 +0.7% |
| 2003 | $4,944 +9.5% | $334,875 |
| 2001 | $4,515 -7.7% | $334,875 -3% |
| 2000 | $4,890 | $345,235 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98541
Nearby schools
GreatSchools rating
- 5/10Elma Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 5/10Elma Middle SchoolGrades: 6-8Distance: 0.9 mi
- 7/10Elma High SchoolGrades: 9-12Distance: 0.9 mi
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