$425,000
1322 W Martin St, Elma, WA 98541
Fantastic Investment Opportunity in High-Demand Single-Level Duplex! This desirable 1-story duplex features 2 units, each offering 2 BR, 1 full bath, an eat-in kitchen, spacious living room, & a sliding glass door that opens to a private side yard. Both units include a single-car garage & additional off-street parking. Unit 1322 has been updated w/brand new LVP flooring, fresh int paint, new trim
Tonya York RE/MAX Northwest
Explore Elma
$875,000
102 Garden Hill Rd W, Elma, WA 98541
PRICE TO SELL-A unique income producing property. 2 free standing duplexes. Each unit has a 3br/1.5ba and a 2br/1.5ba. Large units are 1624sf, smaller units are 970sf. The bigger units have 1BR downstairs with huge bonus living area.Each unit has attached individual garage.#11 & 15 have been completely remodeled in the past 2 years including paint, flooring, appliances, bathrooms and kitchens.
Paul Gaskins eXp Realty
$735,000
919 N Harding Rd, Elma, WA 98541
PHONOMINAL 4 PLEX WITH BEAUTIFUL GROUNDS IN UP AND COMING ELMA. 2 Spacious 3 bedroom units or use as 2 bedroom with huge bonus living area. Large rooms where nothing feels cramped. Both of the 2 bedroom units feel equally flowing as all rooms are above average size. 3 bedroom units are 1350 SF and the 2 bedroom units are 930 apiece. Each unit gets 1 covered parking area with small storage area.
Peter Henry Networks Real Estate LLC
Elma, WA, located 30 miles from Olympia, offers a rural, small-town atmosphere while providing access to the state capital. Known as the Gateway to Grays Harbor County, Elma has a population of approximately 3,500, supported by its enduring timber and agriculture industries. Downtown Elma features a walkable commercial district with dining options like Joey’s Crepes & More, Tacos El Huatusi, and Rusty Tractor Restaurant. Local shops include Game Freaks and OddDuck Books, while chain stores such as Grocery Outlet and Burger King have recently opened. Housing in Elma ranges from early 1900s bungalows to midcentury ranch-style homes and contemporary houses, with prices generally lower than those in nearby Thurston and Pierce counties. The town's schools, including Elma Elementary, Elma Middle, and Elma High, have high ratings. Outdoor recreation is abundant, with Vance Creek County Park offering ponds, walking paths, and a dog park, and Lloyd Murrey Park providing ballfields and a playground. Capitol State Forest, located about 10 miles southeast, is popular for hiking, mountain biking, and off-roading. Elma hosts events like the Grays Harbor County Fair and the Fall Festival. Residents benefit from the Grays Harbor Transit bus system and proximity to Seattle-Tacoma International Airport, which is about 80 miles away. For those looking for things to do, Elma offers a mix of local shops, dining, and outdoor activities.
On average, homes in Elma, WA sell after 79 days on the market compared to the national average of 70 days. The median sale price for homes in Elma, WA over the last 12 months is $480,000, up 10% from the median home sale price over the previous 12 months.
In Elma, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $425,000 to $875,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Elma is $499,900, while the average sale price is $590,426, offering insights into the local housing market. On average, multi-family homes spend 79 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Elma, WA.
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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 by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. 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, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
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