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102 Garden Hill Road W, 
Elma, WA 98541

$1,100,000

—

Bed

—

Bath

5,088

Sq Ft

Multi-Family

Active

Listed by

Kayci Rebal

, 

Paul Strawn

Riley Jackson Real Estate Inc.

Last updated:

May 24, 2026, 11:06 AM

MLS#

2480941

Source:

NWMLS

About This Home

102 Garden Hill Road W

Exceptional investment and future development opportunity in Elma. Two duplexes (4 total rental units) situated across three adjoining parcels totaling 8.99 acres with GR – General Residential zoning.Current NOI of $40,281 with rents slightly below market, offering immediate upside through rent adjustments. Property is served by City water with septic systems in place; sewer connections are nearby (buyer to verify availability and capacity). No floodplain issues reported.Ample frontage on Garden Hill Rd provides strong access and potential layout flexibility for future development. Adjoining parcels include areas of commercial-grade alder timber, adding additional value components.Rare opportunity to acquire nearly 9 acres with in-place income — ideal for investors seeking land banking with cash flow or developers exploring subdivision potential. Shown by appointment only. Do not disturb tenants.

Home Facts

Multi-Family

Built in 1979

Price Summary

1,100,000

$216 per Sq. Ft.

MLS #:

2480941

Last Updated:

May 24, 2026, 11:06 AM

Rooms & Interior

Interior

Living Area:

5,088 Sq. Ft.

Structure

Structure

Building Area:

5,088 Sq. Ft.

Year Built:

1979

Lot

Lot Size (Sq. Ft):

391,604

Finances & Disclosures

Finances

Price:

$1,100,000

Price per Sq. Ft:

$216 per Sq. Ft.

MLS Logo
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of June 2, 2026. 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 is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.