$255,700
Est. $1,315/mo3 bd•2 ba•1,716 sq ft
320 S 4th Street, Elma, WA 98541
• Listed 2026-04-22•8 days on market
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Based on information submitted to the MLS GRID as of July 23, 2026 at 08:27am (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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C-1 zoning right along a main corridor in Elma! This property opens the door to more than just residential use. Whether you’re thinking home-based business, rental, or a future commercial play, the zoning is where the real value sits! The home itself offers a single-story layout with 3 bedrooms and 2 bathrooms, plus an open living space that’s easy to rework or update over time. Outside, you’ve got a fully fenced front yard, concrete patio, and an attached 2-car garage and additional shop-style space. There’s a full utility room, plenty of driveway parking, and a lot configuration that gives you options depending on your vision. This is an as-is property. It needs work. But that’s exactly where the upside is. If you’re looking for something polished, this isn’t it. If you’re looking for flexibility, location, and potential… this is worth a look.
Listed by Kaylan Forbis • Spivey Realty Group, LLC
Listing updated: July 23, 2026 at 08:27am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2496111
$378,000
+$122,300 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $345K and $383K.
Rental earnings
$1,125/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$345,000Last sold price
111 W Anderson Street, Elma, WA 98541

$350,000Last sold price
122 W Martin Place, Elma, WA 98541
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
320 S 4th Street, Elma, WA 98541
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$1,657 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Elma is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 16 days.
$375,000 Sold
4 weeks ago
4 bd•2 ba•~1,826 sq ft•Single Family
1614 W Martin Street, Elma, WA 98541
3%
Under list
—
Days on market
0.9 mi
Distance
$460,000 Sold
6 weeks ago
•Single Family
514 W Main Street, Elma, WA 98541
0%
Over list
—
Days on market
0.2 mi
Distance
$375,000 Sold
8 weeks ago
4 bd•1.5 ba•~1,705 sq ft•Single Family
630 N 11th, Elma, WA 98541
2%
Over list
—
Days on market
0.7 mi
Distance
$359,000 Sold
2 months ago
2 bd•1 ba•~825 sq ft•Single Family
309 S 5th Street, Elma, WA 98541
0%
Over list
—
Days on market
0.1 mi
Distance
$350,000 Sold
2 months ago
4 bd•1.5 ba•~2,424 sq ft•Single Family
402 N 10th Street, Elma, WA 98541
0%
Over list
—
Days on market
0.5 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
Elma School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.