Olympia WA Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
2,712
Status:
Active
Beds:
n/a
Year built:
1974
Baths:
MLS#:
2303034
Subdivision:
Olympia

ADDITIONAL INFORMATION

Amazing opportunity for investors or homeowners! Well maintained duplex in desirable SE Olympia. 3BR/1Bath & 2BR/1Bath. Currently leased with stable rental history (non-smoking; no pets). Single story units; large open living spaces; enclosed garages each side; long driveway for additional parking. Newer roof; large private backyards/patio areas, dedicated interior laundry hookups and hot water heaters on both sides; recently upgraded bathrooms/kitchens; newer laminate flooring in 3BR. Olympia Schools; on city bus line; close to medical and retail. Live on one side or continue renting both units. Showing by appointment only after offer is submitted/accepted contingent upon viewing the property. Please do not disturb tenants.

Type:
Multi-Family
Sq.Ft.:
1,722
Status:
Active
Beds:
n/a
Year built:
1937
Baths:
MLS#:
2287782
Subdivision:
Tumwater

ADDITIONAL INFORMATION

1937 Tumwater duplex with genuine warmth and lots of character, situated nicely on a large lot. Enjoy lovely oak hardwood flooring, quaint tiled period kitchens, shared yet separated back yards with new fencing, clean and dry basement for storage, ping pong, etc. and laundry hookups. Storage in garage off the alley in back. High walkability, close to great local restaurants, grocery shopping, Tumwater Falls Park and I-5 entrance. 516 and 520 are mirror images of each other with the exception that 520 has a second bedroom upstairs with new carpeting. Both units have their own separate gas forced air furnace. 516 has a wood stove and 520 has a fireplace. Terrific location for state or capital workers. Fully rented cap rate of 6.29

Type:
Multi-Family
Sq.Ft.:
2,632
Status:
Active
Beds:
n/a
Year built:
1955
Baths:
MLS#:
2279429
Subdivision:
Olympia

ADDITIONAL INFORMATION

Excellent redevelopment site in Olympias downtown Opportunity Zone. Prominently located near the State Capital this 5,940 SF site is a perfect opportunity for a mixed-use development. This Site features territorial views of the Olympic Mountains and Mount Rainier. This site currently has a Duplex to provide income while going through the design and permitting process. excellent proximity to the State Capital combined with the excellent tax advantages of being in an opportunity zone make this an excellent investment opportunity.

Type:
Multi-Family
Sq.Ft.:
4,776
Status:
Active
Beds:
n/a
Year built:
1901
Baths:
MLS#:
2276827
Subdivision:
Olympia

ADDITIONAL INFORMATION

Unique Investor or Developer Opportunity in Downtown Olympia! Don't miss this one! Listing includes a duplex and 7-plex on one parcel and a leased parking lot. Under market rents, all tenants on month to month tenancy. Units offer a mix of studios and one-bedrooms. Parking spots lease for $30/mo with over 20 stalls! Close to downtown, waterfront, and shopping. Zoned UR (Urban Residential), allows for high-rise redevelopment or mixed-use opportunities!

Type:
Multi-Family
Sq.Ft.:
1,524
Status:
Active
Beds:
n/a
Year built:
1959
Baths:
MLS#:
2229868
Subdivision:
Capital Campus

ADDITIONAL INFORMATION

PRICE IMPORVEMENT!! Olympia investment opportunity! Well maintained South Capital duplex. 2 bed/1 bath per side. New roof. Fenced backyard. Dead-end street. Garage & off-street parking. Near Capitol, bus line, downtown, & I-5. Olympia School District. Zero vacancy rate during ownership due to location and property features. Buyer could live on one side/rent the second. Month-to-month leases with long-term tenants. DO NOT DISTURB tenants.

Type:
Multi-Family
Sq.Ft.:
3,037
Status:
Active
Beds:
n/a
Lot size:
7 Acres
Year built:
1910
Baths:
MLS#:
2259552
Subdivision:
East Olympia

ADDITIONAL INFORMATION

Classic farmhouse on 7.46 acre with 3 bedrooms, 2 bath, 1981 square feet. First time on market in over 30 years! Den/office on main could be primary with bathroom next to room. Spurgeon Creek running through lower part of property with beautiful territorial views. Large 3 bay detached shop w/power, & smaller shop area next to attached carport. Two well maintained manufactured homes on property with separate electric meters and septic systems, smaller one has been recently updated in all areas. All roofs are 6 years old or newer.Chicken coop & 2 horse stall. Property is fenced and cross fenced. Hardwood on main floor, and carpet/laminate vinyl throughout home. Plenty of pasture land for your animals of choice.Come view your new home today!

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Andrea Conner, License # 26653, Xome Inc. License # 19003, [email protected], 844-400-XOME (9663), 108 1st Avenue, 400A, Seattle, WA 98104


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Olympia Real Estate

The median home value in Olympia, WA is $472,500. This is lower than the county median home value of $495,000. The national median home value is $338,100. The average price of homes sold in Olympia, WA is $472,500. Approximately 46.49% of Olympia homes are owned, compared to 49.4% rented, while 4.12% are vacant. Olympia real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Olympia real estate agent to arrange a tour today!

Olympia, Washington 98501 has a population of 54,579. Olympia 98501 is less family-centric than the surrounding county with 30.52% of the households containing married families with children. The county average for households married with children is 31.46%.

The median household income in Olympia, Washington 98501 is $67,975. The median household income for the surrounding county is $81,501 compared to the national median of $69,021. The median age of people living in Olympia 98501 is 38.4 years.

Olympia Weather

The average high temperature in July is 77.1 degrees, with an average low temperature in January of 33.9 degrees. The average rainfall is approximately 52.7 inches per year, with 6 inches of snow per year.

Olympia Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    106
    30-day change

Olympia Schools and Demographics

Education near Olympia, WA

Metric City County
High School Graduates 95.12 94.18
College Degree - 2 year 9.52 10.91
College Degree - 4 year 46.31 36.19
Graduate Degree 14.14 10.16
Expenditures per Student 17,104 17,104
Students per Teacher 18 18

Elementary Schools near Olympia, WA

School Grades Students P/T Ratio ZIP
Centennial Elementary Olympia KG - 05 530 18.1 98501
Chambers Prairie Elementary School KG - 06 559 16.5 98513
East Olympia Elementary School KG - 06 463 14.9 98501
Horizons Elementary School KG - 06 692 17.3 98513
Lakes Elementary School PK - 06 734 18.6 98503
Lincoln Elementary School KG - 05 292 18.4 98501
McKenny Elementary School KG - 05 382 17.5 98501
Mountain View Elementary School PK - 06 658 15 98503
Peter G Schmidt Elementary School KG - 06 527 13 98501
Pioneer Elementary School PK - 05 502 15.4 98501
Seven Oaks Elementary School PK - 06 575 15.4 98503
Woodland Elementary School KG - 06 573 15.5 98503

Middle Schools near Olympia, WA

School Grades Students P/T Ratio ZIP
Aspire Middle School 06 - 08 304 21.7 98513
Komachin Middle School 07 - 08 772 20.1 98503
Nisqually Middle School 06 - 08 805 18.9 98503
Washington Middle School 06 - 08 758 21.5 98501

High Schools near Olympia, WA

School Grades Students P/T Ratio ZIP
Olympia High School 09 - 12 1,785 23.1 98501
River Ridge High School 09 - 12 1,061 18.3 98513
Timberline High School 09 - 12 1,734 22.5 98503
Tumwater High School 09 - 12 1,177 21.6 98501

Ungraded Schools near Olympia, WA

School Grades Students P/T Ratio ZIP
* Avanti High School 09 - 12 155 20.3 98501
* New Market High School 10 - 12 71 71 98501
* New Market Skills Center 11 - 12 1 0.1 98501

Demographics near Olympia, WA 98501

Metric Zip Code City
Neighborhood Type Suburban
Population 54,579 290,642
Population Density 2,993 402
Median Age 38.4 39.3
People per Household 2.2 2.5
Median Household Income 67,975 81,501
Average Income per Capita 38,443 38,989