NOT LISTED FOR SALE

322 S 2nd St Elma, WA 98541

-- Bed
-- Bath
20,288 Sq Ft
1.41 Acres

Last Sold July 01, 2020

Last sale price $1,400,000 $69 Per Sq Ft

53 Days on Market

Highlights

  • Docks
  • High Speed Internet
  • Wood Siding
  • Territorial View
  • Concrete Flooring

About This Home

As of July 2020

24 Unit (16-2 Bedroom, 1 Bath and 8-1 Bedroom, 1 Bath) apartment complex located Elma. The property consists of 3 Buildings with recent upgrades to all staircases and balconies. Recent updates include new outside stairs and balconies. All 3 roofs have been replaced within the last 10 years. Located within 25 minutes of Olympia and Aberdeen. Most rents are currently below market, which gives the potential for increased cash flow. Coin-Op laundry on site.

Last Listed By

Travis Jelovich

Windermere RE/Aberdeen License #25085 Listed on: 04/08/2020

Windermere RE/Aberdeen

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1587812

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,433

Year Built

  • Built in 1978

Lot Details

  • 1.41 Acre Lot
  • Street terminates at a dead end

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 20,288 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Concrete
  • Vinyl

Parking

  • 24 Parking Spaces
  • Open Parking

Outdoor Features

  • Docks

Schools

  • Elma Elementary School
  • Elma Mid Middle School
  • Elma High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Elma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 618063531006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,433

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1978
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 20288
  • Special Features: None
  • Cumulative Days on Market: 286

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Concrete, Vinyl, Carpet
  • Interior Amenities: Concrete, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 24
  • Open Parking: Yes
  • Total Parking Spaces: 24
  • ParkingUncoveredSpaces: 24

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: GH PUD
  • SewerCompany: City of Elma
  • WaterCompany: City of Elma
  • WaterSewerGarbage: 31170

Schools

  • Junior High Dist: Elma
  • High School: Elma High
  • Middle Or Junior School: Elma Mid

Lot Info

  • Parcel Number: 618063531006
  • Lot Size Acres: 1.41
  • Lot Size Sq Ft: 61420
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Dock,High Speed Internet
  • MLSLotSizeSource: GH County/Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 12911

Multi Family

  • Gross Scheduled Income: 154932
  • Net Operating Income: 94827
  • Number Of Units Total: 24
  • Insurance Expense: 10528
  • Leasable Area: 20288
  • UnitsInBuildingTotal: 24
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 11433

MLS Schools

  • Elementary School: Elma Elem

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2020 07/01/20 Sold $1,400,000 -22.2% $69 / Sq Ft
05/31/2020 05/31/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $1,800,000 0.0% $89 / Sq Ft
04/14/2020 04/14/20 Pending -- -- --
04/08/2020 04/08/20 For Sale $1,800,000 -- $89 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Travis Jelovich

    Seller's Agent in 2020

    Travis Jelovich

    Windermere Corporate

    (360) 500-9408

    3 in this area

    123 Total Sales

    Travis Jelovich
    Section Image
  • Mark Althauser

    Buyer's Agent in 2020

    Mark Althauser

    John L Scott

    (360) 388-6945

    1 in this area

    28 Total Sales

    Mark Althauser
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1587812

Northwest Multiple Listing Service (NWMLS)

Washington Grays Harbor County Elma 98541

322 S 2nd St, Elma, WA

Homes for Sale in Elma, WA

This home is located at 322 S 2nd St, Elma, WA 98541 since 08 April 2020. This property was built in 1978. 322 S 2nd St is a home located in Grays Harbor County with nearby schools including Elma Elementary School, Elma Middle School, and East Grays Harbor Lrn Opp Center.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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. ©2025 NWMLS.