Courtesy: Abbey Realty Inc
360-459-0428
Joshua Abbey
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.
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Elma is located in Washington. Elma, Washington has a population of 3,390. Elma is less family-centric than the surrounding county with 18.06% of the households containing married families with children. The county average for households married with children is 23.25%.
The median household income in Elma, Washington is $69,405. The median household income for the surrounding county is $53,615 compared to the national median of $69,021. The median age of people living in Elma is 41.7 years.
The average high temperature in July is 77 degrees, with an average low temperature in January of 34.5 degrees. The average rainfall is approximately 73.7 inches per year, with 2.5 inches of snow per year.
