Olympia WA Multi Family for Sale
$1,150,000
213 4th Avenue E Olympia, WA 98501
- Type:
- Multi-Family
- Sq.Ft.:
- 5,964
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1908
- Baths:
- MLS#:
- 2316708
- Subdivision:
- Olympia
View additional info
Courtesy: Greene Commercial
Max Stottlemyre
ADDITIONAL INFORMATION
First time on the market in nearly half a century! This Downtown Olympia mixed use building features a fully equipped 3,000+/- sq ft restaurant space with a bar on the lower level, and a separate entrance to the 7 studio apartments upstairs. The kitchen is stocked with fryers, stoves, spacious walk-in refrigerator, a type-1 hood, and more! Apartments are easily leased and below market, with coin operated washer and dryer. 9 separate meters on the premises and a newly installed heat pump for the bottom floor. Don’t miss your opportunity to own this gem on 4th!
$2,750,000
1512 Fones Road SE Olympia, WA 98501
- Type:
- Multi-Family
- Sq.Ft.:
- 8,169
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1 Acres
- Year built:
- 1963
- Baths:
- MLS#:
- 2314484
- Subdivision:
- Olympia
View additional info
Courtesy: Better Properties N. Proctor
253-761-8888
Josh Carlson
ADDITIONAL INFORMATION
Great investment property! Own a whole neighborhood. On a private cul-de-sac with 3 duplexes and 3 homes each on individual parcels. 9 total units on 6 parcels. Each property is connected to sewer and public utilities. Just add individual water meters to each and you can sell them separate. Units are in great shape. Multiple new kitchens and interior updates over the past few years. The city is bringing road enhancements along Fones road now. Close in location, easy freeway access, excellent stable rental income. Many possibilities with property; hold and cash flow or sell each off individually. Property is located in "opportunity zone" with tax benefits, might be an estate planning stategy. Take advantage of this unique opportunity.
- Type:
- Multi-Family
- Sq.Ft.:
- 2,712
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1974
- Baths:
- MLS#:
- 2303034
- Subdivision:
- Olympia
View additional info
Courtesy: MLS4owners.com
253-460-1900
Chris Nye
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
View additional info
Courtesy: Better Properties N. Proctor
253-761-8888
Valerie Albright
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
View additional info
Courtesy: Real Broker LLC
855-450-0442
Charles Grate
ADDITIONAL INFORMATION
Excellent redevelopment site in Olympia's 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 and currently has a Duplex to provide income while going through the design and permitting process. This close proximity to the State Capital combined with the excellent tax advantages of being in an Opportunity Zone makes this an excellent investment choice.
- Type:
- Multi-Family
- Sq.Ft.:
- 4,776
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1901
- Baths:
- MLS#:
- 2276827
- Subdivision:
- Olympia
View additional info
Courtesy: Greene Realty Group LLC
360-528-4160
Jeffrey Weeks
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!
Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Based on information submitted to the MLS GRID as of {{last updated}}. 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.
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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.