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JRJeff ReynoldsCompass · Seattle

Listed by Jeff Weeks, Olympic Sotheby's Int'l Realty

4,776
Square feet
$209
Per sq ft
Multi Family
Type
1901
Year built
14,400 sq ft
Lot
190
Days on market

About this property

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!

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2481889
Listed
February 18, 2026
Days on market
190
Price per sq ft
$209
Original list price
$1,050,000

Unit & building

Stories in building
3
Units in building
9

Parking

Total spaces
24

Views

View
Territorial

Construction

Year built
1901
Style
55 - 5-9 Units
Structure
Multi Family
Roof
Composition

Heating & cooling

Heating
Forced Air
Cooling
None
Energy source
ElectricNatural Gas

Flooring

Flooring
HardwoodVinylCarpet

Lot

Lot features
AlleyCurbsPavedSidewalk
Lot size
14,400 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
City of Olympia
Sewer
City of Olympia
Power
PSE

Schools

District
Olympia
Elementary
Buyer To Verify
Middle
Buyer To Verify
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
  • Multi Family
  • Composition
  • Forced Air
  • None
  • Electric
  • Natural Gas
  • Hardwood
  • Vinyl
  • Carpet
  • Alley
  • Curbs

Listing history

  1. Listed

    $1,050,000

    February 18, 2026

  2. Current price

    $998,000

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

$5,811

Principal & interest
$5,046
Property tax (est.)
$765

Assumes $199,600 down (20%), a $798,400 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

Based on information submitted to the MLS GRID as of August 28, 2026 at 5:03 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.