106 Garden Hill Road WElma, WA 98541
Listing courtesy of Joshua Abbey of Abbey Realty Inc




Four duplexes offering eight 2-bedroom, 1-bathroom units, each with a private one-car garage. Ideal for long-term tenants in a desirable small-town setting. Strong Financials • Annual Gross Income: $140,000 • Cap Rate: 6.7% Recent roofs (approx. 5 years old) minimize near-term capex. Efficient duplex layout supports easy management and tenant privacy. Prime Location Elma provides rural charm with convenient access to Olympia (~30 miles), outdoor recreation, parks, and local amenities. Steady rental demand in an affordable market makes this a reliable cash-flowing asset. Perfect for investors seeking immediate income, low maintenance, and long-term appreciation. Turnkey opportunity with strong upside potential. Contact us today for full details, rent roll, and showing. Serious inquiries only.
| 4 days ago | Listing updated with changes from the MLS® | |
| 5 days ago | Listing first seen on site |
Listing courtesy of Joshua Abbey of Abbey Realty Inc
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Last checked: 2026-07-21 07:41 AM PDT