Listed by Palmer Higa, BHGRE - Northwest Home Team · Buyer brokerage: RE/MAX Advantage
- 3,616
- Square feet
- $235
- Per sq ft
- Multi Family
- Type
- 1992
- Year built
- 9,583 sq ft
- Lot
- 239
- Days on market
About this property
Fully rented 4-plex in the Olympia School District. Each unit includes its own garage and in-unit washer and dryer, a rare combination that adds convenience and long-term appeal. Three of the four units have been beautifully remodeled top to bottom with updated kitchens, new flooring, and modern finishes. Major exterior updates include new concrete plank siding, newer roof, and windows, ensuring lower maintenance and long-term durability. Located minutes from parks, schools, and shopping, this well-maintained property attracts strong tenant demand. Reliable rental history, desirable unit features, and potential for increased rents make this a smart addition to any portfolio. A solid opportunity for new and seasoned investors.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2402468
- Listed
- July 7, 2025
- Days on market
- 239
- Price per sq ft
- $235
- Original list price
- $959,000
- Sold price
- $750,000
- Sold
- June 15, 2026
Unit & building
- Stories in building
- 2
- Units in building
- 4
Homeowners association
- HOA dues
- $420 monthly
Views
- View
- Territorial
Construction
- Year built
- 1992
- Style
- 54 - 4-Plex
- Structure
- Quadruplex
- Roof
- Composition
Heating & cooling
- Heating
- Wall Furnace
- Cooling
- None
- Energy source
- Electric
Flooring
- Flooring
- Laminate
Lot
- Lot features
- Paved
- Lot size
- 9,583 sq ft
Terms
- Terms offered
- CashConventionalFHASee RemarksVA Loan
Utilities
- Water
- City of Olympia
- Sewer
- City of Olympia
- Power
- PSE
Schools
- District
- Olympia
- Elementary
- Madison Elem
- Middle
- Reeves Mid
- High
- Olympia High
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- Territorial
- Quadruplex
- Composition
- Wall Furnace
- None
- Electric
- Laminate
- Paved
- Cash
- Conventional
- FHA
- See Remarks
Listing history
Listed
$959,000
July 7, 2025
Current price
$750,000
Sold
$750,000
June 15, 2026
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$4,787
- Principal & interest
- $3,792
- Property tax (est.)
- $575
- HOA dues
- $420
Assumes $150,000 down (20%), a $600,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
Similar nearby listings
$595,000
4414 Clar Mar Lane SE
Olympia, WA
$749,500
7137 Highlands Drive NE
Olympia, WA
$589,000
7910 Warbler Court SE
Olympia, WA
$925,000
5542 Meadowood Lane NE
Olympia, WA
$899,900
8703 Bedington Drive SE
Olympia, WA
$599,000
417 Nine Bark Street NW
Olympia, WA
Based on information submitted to the MLS GRID as of July 22, 2026 at 7:00 AM 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.