514 W Main Street, Elma, WA 98541 (MLS # 2483635)

Listing provided courtesy of Northwest MLS; Epique Realty

PRICE	$500,000
BEDS	0
BATHS	0
HOME SIZE	2,340 sqft
LOT SIZE	8,277 sqft

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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.

LAST UPDATED	2/24/2026	TRACT	Elma
YEAR BUILT	1881	COMMUNITY	Elma
COUNTY	Grays Harbor	STATUS	Active
PROPERTY TYPE(S)	Multi Family

SCHOOLS

Elementary School	Elma Elem
Jr. High School	Elma Mid
High School	Elma High

ADDITIONAL DETAILS
AIR	None
AREA	200 - Elma
CONSTRUCTION	Wood Siding
HEAT	Baseboard, Electric
LOT	8276 sq ft
LOT DESCRIPTION	Alley, Curbs, Paved, Sidewalk
MLS STATUS	Active
STORIES	2
STYLE	54 - 4-Plex
SUBDIVISION	Elma
TAXES	3949.18
UTILITIES	Sewer Connected
VIEW	Yes
VIEW DESCRIPTION	Territorial
WATER	Public

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2/24/26 9:03 AM PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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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