Presented by: Pacific Residential Brokers and NWMLS
Property Description
Solid investment opportunity in West Olympia! This fully occupied duplex features two spacious 3BD/2.5BA units with strong rental income. Solid 4.12% cap rate makes this an attractive addition to any investment portfolio. Both units tenant occupied — please do not disturb tenants. Showings following accepted offer.
Interior Features
Bedrooms
Bedrooms Upper0
Bathrooms
Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories2
General
Assoc Fee Paid PerAnnually
Building Area Units0 sqft
Cap Rate4.12
Carport Spaces0
Carport Y/NNo
CityOlympia
CoolingNone
CountyThurston
DirectionsFrom the US 101 N, take the Mud Bay exit, continue on Harrison AVE NW. Drive on to 5th AVE NW.
Electric Expense2664
Fuel Expense1100
Garage Spaces1
HOAYes
HOA Fee$3360
HeatingBaseboard
High School DistrictOlympia
Insurance Expense2500
Leasable Area2,922 sqft
Listing TermsConventional, FHA, VA Loan
Living Area0 sqft
Lot Size Square Feet8,862 sqft
Lot Size UnitsSquare Feet
MLS Area444 - Olympia Westside
NWM_ShowMapLinkY
Net Operating Income35048
New ConstructionNo
Number Of Units Total2
PossessionClosing
Possible UseMulti-Family
Property Style52 - Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksSolid investment opportunity in West Olympia! This fully occupied duplex features two spacious 3BD/2.5BA units with strong rental income. Solid 4.12% cap rate makes this an attractive addition to any
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameCooper Point
Tax Annual Amount$8,968
Tax Year2026
Units Below Gradefalse
Units In Building Total2
Water Sewer Garbage2400
Year Built2006
Zoning DescriptionMulti-Family
Exterior
Building Area Total2,992 sqft
Covered Spaces2
Exterior AmenitiesWood
Irrigation Water Rights Y/NNo
Lot Size Acres0.2034
Parking Uncovered Total2
Total Parking4
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
N/A
High School
N/A
Elementary School
N/A
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914 15th St #1
Anaccortes, WA 98221
Anaccortes, WA 98221