514 W Main ST, Elma, WA 98541
Listed by:Epique Realty • Cameron Beyer
Bought with: John L. Scott Lacey
$460,000
$460,000
Est. payment /mo
5 Beds
4 Baths
2,340 SqFt
Sold on 06/16/2026

514 W Main ST Elma, WA 98541

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Becci Colvin
Becci Colvin

Broker License ID: 22001606

+1(206) 280-0111

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Key Details

Sold Price $460,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,340 sqft

Price per Sqft $196

Subdivision Elma

MLS Listing ID 2483635

Sold Date 06/16/26

Style 54 - 4-Plex

Bedrooms 5

Year Built 1881

Annual Tax Amount $3,949

Lot Size 8,276 Sqft

Property Sub-Type Multi Family

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.

Location

State WA

County Grays Harbor

Area 200 - Elma

Interior

Flooring Softwood, Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available Deck

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Alley, Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Elma Elem

Middle Schools Elma Mid

High Schools Elma High

School District Elma

Others

Senior Community No

Acceptable Financing Assumable, Cash, Conventional, FHA, VA Loan

Listing Terms Assumable, Cash, Conventional, FHA, VA Loan

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

NEARBY SCHOOL & BUSINESS

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Becci Colvin

Becci Colvin

Broker License ID: 22001606

+1(206) 280-0111

Name
Phone*
Message

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514 W Main ST