102 Garden Hill Road W, Elma, WA 98541

Elma
Local realty services provided by:ERA Skyview Realty
Listed by: kayci rebal, paul strawn
Office: riley jackson real estate inc.
MLS#:2480941
Source:NWMLS
102 Garden Hill Road W,Elma, WA 98541
$1,100,000
  • - Beds
  • - Baths
  • 5,088 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,100,000
  • Price per sq. ft.:$216.19

About this home

Exceptional investment and future development opportunity in Elma. Two duplexes (4 total rental units) situated across three adjoining parcels totaling 8.99 acres with GR – General Residential zoning.Current NOI of $40,281 with rents slightly below market, offering immediate upside through rent adjustments. Property is served by City water with septic systems in place; sewer connections are nearby (buyer to verify availability and capacity). No floodplain issues reported.Ample frontage on Garden Hill Rd provides strong access and potential layout flexibility for future development. Adjoining parcels include areas of commercial-grade alder timber, adding additional value components.Rare opportunity to acquire nearly 9 acres with in-place income — ideal for investors seeking land banking with cash flow or developers exploring subdivision potential. Shown by appointment only. Do not disturb tenants.

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Home facts

  • Year built:1979
  • Listing ID #:2480941
  • Updated:May 22, 2026 at 10:55 AM

Rooms and interior

  • Flooring:Carpet, Vinyl Floor
  • Living area:5,088 sq. ft.

Heating and cooling

  • Heating:Wall Unit(s)

Structure and exterior

  • Roof:Composition
  • Year built:1979
  • Building area:5,088 sq. ft.
  • Lot area:8.99 Acres
  • Lot Features:Paved, Secluded
  • Construction Materials:Wood Exterior Finish, Wood Products Exterior Finish

Utilities

  • Water:Public
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$1,100,000
  • Price per sq. ft.:$216.19
  • Tax amount:$8,558 (2026)

Features and amenities

  • Amenities:Cable TV, High Speed Internet

Parking

  • Garage:Yes
  • Garage spaces:4
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