514 W Main Street, Elma, Washington 98541

WA, Elma
$475,000
  • 2,340 Sqft
  • Residential Income Property Type
  • 1881 Year Built
  • Pending Status
Property Description

Rare chance to own a versatile 4-plex in a high-visibility location directly across from the bus depot and within walking distance to schools, shopping, dining, laundromat, post office, and near the new hospital. Three 1-bed/1-bath units are currently leased, generating $3,730 per month in rental income, with unit 2 offering strong additional rental potential or the perfect owner-occupant setup. Units have been updated, and property features a newer roof and newer windows. Four off-alley parking spaces plus ample street parking. Strong rental history and individually metered units with tenants paying their own electricity and heating. Assumable VA loan at 2.3% interest rate, subject to lender approval. A rare opportunity in today’s market.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2483635
  • Price: $475,000
  • View: Territorial
  • Square Footage: 2,340 Sqft
  • Year Built: 1881
  • Lot Area: 0.19 Acre
  • Status: Pending
  • Office Name: Epique Realty
  • Agent Name: Cameron Beyer
  • Property Sub Type: Multi Family
  • Roof: Composition
Features
  • Heating System Baseboard
  • Cooling System None
  • Exterior Features Wood
  • Flooring Carpet, Vinyl, Softwood
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Grays Harbor
  • City Elma
  • Zipcode 98541
  • Street: Main
  • Street Number: 514
  • Street Suffix: Street
  • Longitude: W124° 35' 33.6''
  • Latitude: N47° 0' 15''
  • Directions: Take Exit 8 toward Elma. Head north to the stoplight, turn left at the light, and continue to the property on the right.
  • Mls Area Major: 200 - Elma
  • Street Dir Prefix: W
Neighborhood
  • Elementary School: Elma Elem
  • High School: Elma High
  • High School District: Elma
  • Middle School: Elma Mid
Additional Information
  • Water Source: Public
  • Stories Total: 2
  • On Market Date: 2026-02-24
  • Number Of Units Total: 4
  • Lot Features: Paved, Curbs, Sidewalk, Alley
  • Foundation Details: Pillar/Post/Pier
  • Construction Materials: Wood
Financial
  • Tax Annual Amount: 3949.18
Listing Information
  • Co List Agent Full Name: Anastacia Harrell
  • Co List Agent Mls Id: 119297
  • Co List Office Mls Id: 7896
  • Co List Office Name: Epique Realty
  • List Agent Mls Id: 149244
  • List Office Mls Id: 7896
  • Listing Term: Assumable,Cash,Conventional,FHA,VA Loan
  • Mls Status: Pending - Backup Offer Requested
  • Modification Timestamp: 2026-04-21T14:08:10Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2026-04-21T14:06:48Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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