$1,600,000
Est. $8,226/mo106 Garden Hill Road W, Elma, WA 98541
• Listed 2026-07-16•14 days on market
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of July 17, 2026 at 10:08am (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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Talk to a local RexMont expert
Avg response under 5 mins
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.
Listed by Joshua Abbey • Abbey Realty Inc
Listing updated: July 17, 2026 at 10:08am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2553817
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (3)
See more →RexMont Value Snapshot
Pull the latest nearby sold homes matched on size, age, and location.
106 Garden Hill Road W, 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
$9,261 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%.
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
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.
$405,000 Sold
3 weeks ago
3 bd•2 ba•~1,328 sq ft•Single Family
109 Blossom Lane, Elma, WA 98541
3%
Over list
—
Days on market
0.2 mi
Distance
$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
0.8 mi
Distance
$460,000 Sold
6 weeks ago
•Single Family
514 W Main Street, Elma, WA 98541
0%
Over list
—
Days on market
0.9 mi
Distance
$400,000 Sold
7 weeks ago
•Single Family
0 Garden Hill Road E, Elma, WA 98541
33%
Under list
—
Days on market
0.2 mi
Distance
$360,000 Sold
8 weeks ago
3 bd•1.75 ba•~1,108 sq ft•Single Family
101 Edgewood Avenue, Elma, WA 98541
11%
Under list
—
Days on market
0.2 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
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
