514 W Main St

Elma, WA 98541
  • $500,000

    Price
  • 5

    Bed
  • 4

    Bath
  • 2,340

    SqFt

About the Listing 7896 - 149244,119297

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.

Listing Highlights

Status Active
Days on Site 6
Property Type Multi-Family
MLS ® 2483635
Year Built 1881
Total Square Footage 2,340
Lot/Acreage 0.19
County Grays Harbor
Neighborhood Elma
School District Elma
Elementary School Elma Elementary
Middle School Elma Middle
High School Elma High

Interior Details

  • Bedrooms: 5
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces: 0
  • Floor: Softwood,Vinyl,Carpet
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: City of Elma

Exterior Details

  • Lot Description: Alley,Curbs,Paved,Sidewalk,Deck
  • Garage Capacity: N/A
  • Roof: Composition
  • Others: Wood
  • Sewer: City of Elma

Financial Details

  • Tax Amount: $3,949
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 043001000600
  • Tax Year: 2025

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

514 W Main St Elma, WA 98541

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Originating MLS: nwmls

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