This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$460,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
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
Full Property Details for 514 W Main St
General
- Sold For: $460,000
- Taxes: $3,949 (2025)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2483635
- Added to Site: 137 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 | (509) 590-1765 and Anastacia Harrell | Epique Realty | (509) 590-1765
Sold by Ryan L. Fieldsend | John L. Scott Lacey
Get Pre-Approved Today
Schools
Schools serving 514 W Main St
School District:Elma School District
| Name | Grades | Distance |
|---|---|---|
Elma Elementary School 1235 Monte Elma Road, Elma, WA 98541 | K-5 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 514 W Main St
Date
Details
Price
Change
Source
6/16/2026
Sold
$460,000
—
MLS
4/29/2026
Price Reduced
$460,000
-3.16%
MLS
3/26/2026
Price Reduced
$475,000
-3.06%
MLS
3/16/2026
Price Reduced
$490,000
-2%
MLS
2/24/2026
Listed
$500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
514 W Main Street, Elma, WA 98541 (MLS# 2483635) is a Multi-Family property that was sold at $460,000 on June 16, 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.

