Excellent cash flow building with rents well below market. Consists of 2 buildings and a separate building for coin-op laundry. All units are 2 bedroom 1 bath approximately 750 square feet. All units either have a balcony or patio. All units also have assigned parking spaces. In 2014/2015 current owner replaced roof with metal roof, interior and exterior have been repainted and appliances replaced. Building is within walking distance to all amenities. (POSSIBLE OWNER FINANCING)
Sold for $1,798,800
$1,798,800
1201 W Main St, Elma, WA 98541
12beds
6baths
9,152sqft
MultiFamily
Built in 1977
-- sqft lot
$-- Zestimate®
$197/sqft
$1,851 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,851/mo
Zestimate® history
Owner options
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$1,851/mo
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$1,851/mo
Rent Zestimate®
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$10,783/mo
Est. payment
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$10,783/mo
Est. payment
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List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
Cooling
- Wall
Appliances
- Included: Dishwasher, Refrigerator
Features
- Flooring: Carpet, Hardwood, Linoleum / Vinyl
Interior area
- Total interior livable area: 9,152 sqft
Property
Features
- Exterior features: Wood
Lot
- Size: 0.39 Acres
Details
- Parcel number: 046000100100
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Metal
Condition
- Year built: 1977
Utilities & green energy
- Sewer: Sewer Connected
- Water: Community
Community & neighborhood
Location
- Region: Elma
Other
Other facts
- Dishwasher1: Y
- Dishwasher2: Y
- Refrigerator1: Y
- Refrigerator2: Y
- Property type: MULT
- Range/oven1: Y
- Range/oven2: Y
- Dishwasher3: Y
- Dishwasher4: Y
- Refrigerator3: Y
- Refrigerator4: Y
- Range/oven3: Y
- Range/oven4: Y
- Refrigerator5: Y
- Range/oven5: Y
- Range/oven6: Y
- Refrigerator6: Y
- Dishwasher5: Y
- Dishwasher6: Y
- Exterior: Wood Products
- Foundation: Poured Concrete, Slab
- Sewer: Sewer Connected
- Building condition: Very Good
- Form 17: Provided
- Possesion: Closing
- Energy source: Electric
- Lot details: Paved Street, Corner Lot, Alley, Open Space, Sidewalk
- General zoning: Multi-Family
- Heating and cooling: Wall
- Potential terms: Conventional, Cash Out, Owner Financing, See Remarks
- Water source: Community
- Floor covering: Wall to Wall Carpet, See Remarks, Hardwood, Vinyl
- Style: 56 - 10+ Units
- Amenities: Coin Op Laundry
- Roof: Metal
- Bathrooms1: 1.00
- Bathrooms2: 1.00
- Bathrooms3: 1.00
- Bathrooms4: 1.00
- Bathrooms5: 1.00
- Bathrooms6: 1.00
- Offers: Reviewed on receipt
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2024 | Sold | $1,798,800+53.9%$197/sqft |
Source: Public Record Report a problem | ||
| 11/28/2019 | Sold | $1,169,000-2.5%$128/sqft |
Source:  NWMLS as distributed by MLS GRID #1462686 Report a problem | ||
| 6/12/2019 | Pending sale | $1,199,000$131/sqft |
Source: Keller Williams Rlty Bellevue #1462686 Report a problem | ||
| 5/31/2019 | Listed for sale | $1,199,000$131/sqft |
Source: Keller Williams Rlty Bellevue #1462686 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $13,854 -2% | $1,451,043 |
| 2023 | $14,135 +3.1% | $1,451,043 |
| 2022 | $13,703 +17.9% | $1,451,043 +39.3% |
| 2021 | $11,618 +25.5% | $1,041,708 +24.8% |
| 2020 | $9,260 +24% | $834,794 +27% |
| 2019 | $7,468 | $657,364 +14.5% |
| 2018 | $7,468 +0.7% | $573,999 +6.2% |
| 2017 | $7,418 +1.4% | $540,340 |
| 2016 | $7,314 | $540,340 +22.3% |
| 2014 | $7,314 +25.5% | $441,800 |
| 2013 | $5,827 +7.8% | $441,800 -14.4% |
| 2011 | $5,407 -1.4% | $516,000 |
| 2010 | $5,483 +4.9% | $516,000 |
| 2009 | $5,228 -5.3% | $516,000 |
| 2008 | $5,523 | $516,000 +25.2% |
| 2007 | $5,523 -5.1% | $412,000 |
| 2006 | $5,822 -1.2% | $412,000 |
| 2005 | $5,892 +21.9% | $412,000 |
| 2004 | $4,834 -15.9% | $412,000 +8.4% |
| 2003 | $5,747 +5.7% | $380,000 |
| 2002 | $5,438 +8.8% | $380,000 |
| 2001 | $4,999 -1.4% | $380,000 +5.6% |
| 2000 | $5,072 | $360,000 |
Find assessor info on the county website
Neighborhood: 98541
Nearby schools
GreatSchools rating
- 5/10Elma Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 5/10Elma Middle SchoolGrades: 6-8Distance: 0.3 mi
- 7/10Elma High SchoolGrades: 9-12Distance: 0.1 mi
Schools provided by the listing agent
- District: Elma
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Washington
- Grays Harbor County
- Elma
- 98541
- 1201 W Main St
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