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$500,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 16 hours ago

Listed by Cameron Beyer | Epique Realty | (360) 815-6637 and Anastacia Harrell | Epique Realty | (360) 815-6637

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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.

Full Property Details for 514 W Main St

General

  • Price: $500,000
  • Taxes: $3,949 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2483635
  • Updated: 2/24/2026
  • Added to Site: 1 day(s) ago

Interior

  • Flooring: Softwood, Vinyl, Carpet

Additional Information

  • Amenities: Deck

Parking

  • Uncovered Spaces: 4

Location

  • Area: 200 - Elma
  • County: Grays Harbor
  • Subdivision: Elma
  • Driving Directions: Take Exit 8 toward Elma. Head north to the stoplight, turn left at the light, and continue to the property on the right.

School Information

  • High School District: Elma
  • Elementary School: Elma Elem
  • Middle School: Elma Mid
  • High School: Elma High

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Quadruplex
  • Exterior Const.: Wood
  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Stories in Building: 2
  • Square Feet: 2,340
  • Year Built: 1881

Unit Information

  • Units in Building: 4

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.19
  • Lot Size (Sq. Ft.): 8,276
  • Lot Size Source: Public Records
  • Lot Features: Alley, Curbs, Paved, Sidewalk

Financial Considerations

  • Tax Amount: $3,949.18
  • Tax Year: 2025
  • Terms: Assumable, Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 43001000600

Listed by Cameron Beyer | Epique Realty | (360) 815-6637 and Anastacia Harrell | Epique Realty | (360) 815-6637

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Schools serving 514 W Main St

School District:Elma School District
NameGradesDistance
Elma Elementary School
1235 Monte Elma Road, Elma, WA 98541
K-51.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 514 W Main St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/24/2026
Listed
$500,000
78.57%
MLS
8/02/2019
Sold
$280,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 514 W Main St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,085
—
$413,620
31%
2024
$3,085
-3%
$316,672
-6%
2023
$3,184
—
$337,127
2%
2023
$3,184
23%
$329,755
42%
2021
$2,579
20%
$232,550
23%
2020
$2,153
24%
$189,486
14%
2019
$1,731
-7%
$166,593
21%
2017
$1,866
-2%
$137,820
—
2016
$1,912
18%
$137,820
4%
2015
$1,621
-3%
$131,910
—
2014
$1,668
—
$131,910
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Cameron Beyer | Epique Realty | (360) 815-6637 and Anastacia Harrell | Epique Realty | (360) 815-6637

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514 W Main Street, Elma, WA 98541 (MLS# 2483635) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 514 W Main Street is currently listed for $500,000 and was received on February 24, 2026. Want to learn more about 514 W Main Street? Do you have questions about finding other Multi-Family real estate for sale in Elma? You can browse all Elma real estate or contact a Coldwell Banker agent to request more information.

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