For Sale41d on marketHistoric · 145 yrs
514 W Main Street
Elma, WA, 98541 • 98541 • Grays Harbor County
$475,000
$203/sqft
-$15,000 since Mar 26, 2026
Down payment assistance available
5Beds
4Baths
2,340Sqft
0.19 acLot
1881Built
Property DNA
Territorial Views
Territorial
4-Plex Style
Built 1881 · 145 years of history
Elma
98541
Softwood Floors
Quality flooring throughout
This home is in high demand
Listed 41 days ago · 906 views · 21 saves · Top 10% likely to sell soon
Market activity
Demand and pricing signals for this listing
906 views
People checking out this listing
21 saves
Buyers have saved this home
41 days on market
Established listing
$203/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 10% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1881 · Historic
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.
Standout features identified
Our analysis highlights ample street parking, newer roof, and newer windows as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,957/month
Principal & Interest$2,324
Property Tax$475
Insurance$158
Down payment20% ($95,000)
3%50%
Est. 6.18% rate · 30yr fixed · $380,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1881
HeatingBaseboard, Electric
CoolingNone
ParkingNo Data
Days on Zillow41 Days
Price/sqft$203
Property
Home typeMulti Family
Sub-typeMulti Family
Style4-Plex
Year built1881
Systems
HeatingBaseboard, Electric
CoolingNone
RoofComposition
ConstructionWood Siding
Water / SewerPublic, Company: City of Elma / Sewer Connected, Company: City of Elma
Parking & Outdoor
Lot8,276 sqft
Location & Tax
Neighborhood98541
Annual tax$3,949
Parcel043001000600
Features & details
6 categories of property features
Interior Features
Flooring
Softwood
Vinyl
Carpet
Heating
Baseboard
Electric
Cooling
None
Exterior Features
Construction
Wood Siding
Lot Features
Curbs
Paved
Sidewalk
Deck
Views
Territorial
Listing insights
Market data and value estimates
StatusFor Sale
Days on market41
Tax rate0.80%
Price/sqft$203
On marketFeb 23, 2026
PostedFeb 24, 2026
Last sold$280,000
MLS statusActive
MLS updatedMar 26, 2026
Tour days9
Views906
Favorites21
How are the schools in Elma?
3 schools rated nearby
Location
Elma, WA, 98541
Price history
16 events
DateEventPrice$/sqftSource
Mar 26, 2026Price Change$475,000$203NWMLS as distributed by MLS GRID
Mar 16, 2026Price Change$490,000$209NWMLS as distributed by MLS GRID
Feb 24, 2026Listed For Sale$500,000$214NWMLS as distributed by MLS GRID
Aug 6, 2019Sold$280,000$120NWMLS as distributed by MLS GRID
Jun 3, 2019Pending Sale$290,000$124Riley Jackson Real Estate Inc.
May 28, 2019Listed For Sale$290,000$124Riley Jackson Real Estate Inc.
May 15, 2019Pending Sale$290,000$124Riley Jackson Real Estate Inc.
May 7, 2019Price Change$290,000$124Riley Jackson Real Estate Inc.
Apr 24, 2019Listed For Sale$300,000$128Riley Jackson Real Estate Inc.
Apr 19, 2019Pending Sale$300,000$128Riley Jackson Real Estate Inc.
Jan 25, 2019Price Change$300,000$128Riley Jackson Real Estate Inc.
Jan 2, 2019Listed For Sale$325,000$139Riley Jackson Real Estate Inc.
Oct 26, 2015Sold$123,000$53NWMLS as distributed by MLS GRID
Jul 12, 2008Listing Removed$215,000$92Prudential Real Estate
Jun 11, 2008Listed For Sale$215,000$92Prudential Real Estate
Jun 30, 2003Sold$130,000$56NWMLS as distributed by MLS GRID
Price Change$475,000
Mar 26, 2026•$203/sqft•NWMLS as distributed by MLS GRID
Price Change$490,000
Mar 16, 2026•$209/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$500,000
Feb 24, 2026•$214/sqft•NWMLS as distributed by MLS GRID
Sold$280,000
Aug 6, 2019•$120/sqft•NWMLS as distributed by MLS GRID
Pending Sale$290,000
Jun 3, 2019•$124/sqft•Riley Jackson Real Estate Inc.
Listed For Sale$290,000
May 28, 2019•$124/sqft•Riley Jackson Real Estate Inc.
Pending Sale$290,000
May 15, 2019•$124/sqft•Riley Jackson Real Estate Inc.
Price Change$290,000
May 7, 2019•$124/sqft•Riley Jackson Real Estate Inc.
Listed For Sale$300,000
Apr 24, 2019•$128/sqft•Riley Jackson Real Estate Inc.
Pending Sale$300,000
Apr 19, 2019•$128/sqft•Riley Jackson Real Estate Inc.
Price Change$300,000
Jan 25, 2019•$128/sqft•Riley Jackson Real Estate Inc.
Listed For Sale$325,000
Jan 2, 2019•$139/sqft•Riley Jackson Real Estate Inc.
Sold$123,000
Oct 26, 2015•$53/sqft•NWMLS as distributed by MLS GRID
Listing Removed$215,000
Jul 12, 2008•$92/sqft•Prudential Real Estate
Listed For Sale$215,000
Jun 11, 2008•$92/sqft•Prudential Real Estate
Sold$130,000
Jun 30, 2003•$56/sqft•NWMLS as distributed by MLS GRID
Tax history
23 years of records
YearTax paidAssessed value
Apr 7, 2024$3,949$413,620
Apr 7, 2023$3,085$316,672
Apr 7, 2022$3,184$337,127
Apr 7, 2021$3,678$329,755
Apr 7, 2020$2,579$232,550
Apr 7, 2019$2,153$189,486
Apr 7, 2018$2,153$166,593
Apr 7, 2017$1,892$137,820
Apr 7, 2016$1,866$137,820
Apr 7, 2014$1,866$131,910
Apr 7, 2013$1,912$131,910
Apr 7, 2011$1,509$144,000
Apr 7, 2010$1,530$144,000
Apr 7, 2009$1,459$144,000
Apr 7, 2008$1,609$144,000
Apr 7, 2007$1,609$120,000
Apr 7, 2006$1,696$120,000
Apr 7, 2005$1,716$120,000
Apr 7, 2004$1,081$120,000
Apr 7, 2003$1,286$85,000
Apr 7, 2002$1,216$85,000
Apr 7, 2001$1,111$85,000
Apr 7, 2000$1,127$80,000
Nearby homes
Neighborhood details
Local context around this listing
Elma, WA • Grays Harbor County
Nearby neighborhoods
MalonePorterSatsop
Nearby cities
AberdeenBelfairElmaGrapeviewHoquiamMcClearyMontesanoOakville
Nearby zip codes
985419855998583
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 04:28:27 PDT. 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. [Click here for more information](/mls-disclaimers/#39)
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