Listing courtesy of Riley Jackson Real Estate Inc.
$679,999
Investment Opportunity – Updated Multi-Family Duplex Property with Development Potential Excellent opportunity to acquire a well-maintained multi-family asset consisting of two freestanding duplex buildings (4 units total) with an attractive mix of unit sizes and strong long-term upside. Each building includes: • One spacious 3BR / 1.5BA… Read More unit (~1,624 SF) • One 2BR / 1.5BA unit (~920 SF) The larger units feature functional layouts including a main-level bedroom and generous bonus living area, creating flexible living space that appeals to both owner-occupants and tenants. Recent Capital Improvements • Units #11 & #15: Fully remodeled within the past three years including updated kitchens, bathrooms, flooring, and interior paint. • Units #12 & #16: Partially updated with refreshed kitchens and newer flooring. • Property-Wide Improvements: Newer appliances, roofs, and water heaters across all units. Parking Each unit includes an attached private garage, a highly desirable feature for tenants and future resale value. Development Upside. Situated on a large lot with additional build potential, the property offers opportunities for further expansion or redevelopment. Investors may also purchase individually or combine with adjacent property (NWMLS #2433761) for a larger assemblage and expanded development possibilities. A compelling combination of current income, recent upgrades, and future development potential. Read Less
Listing courtesy of Riley Jackson Real Estate Inc.
Listing Snapshot
Cumulative Days On Market
334
Days on Website
152
Last Updated
Property Type
Quadruplex
Square Ft.
5,088
Lot Size
1.44 Acres
Year Built
1979
Property Tax
$6,899
MLS Number
2480929
30 Days Snapshot Of 98541
$282k
-38%
(avg) sold price
10
0%
homes sold
89
-16%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 5088, Building Area Units: Square Feet, Calculated Square Footage: 5088, Elevation Units: Feet, Leasable Area: 5088, Living Area: 0, Number Of Units Total: 4, Stories Total: 1, Structure Type: Quadruplex, Units In Building Total: 4, Year Built: 1979, Year Built Effective: 1979
Property Condition: Average, Site Features: Cable TV, High Speed Internet
Roof
Roof: Composition
Sewer
Sewer: Septic Tank, Sewer Company: Septic
Utilities
Electric Expense: 0, Fuel Expense: 0, Power Company: Grays Harbor PUD, Power Production Type: Electric, Water Company: City of Elma, Water Source: Public
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings last updated on ,
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