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JRJeff ReynoldsCompass · Seattle

Listed by Angad Mahal, Pacific Residential Brokers

5,834
Square feet
$326
Per sq ft
Multi Family
Type
2015
Year built
7,404 sq ft
Lot
78
Days on market

About this property

Exceptional investment opportunity in West Olympia! This 4-plex features four spacious 3BD/2.5BA townhome-style units built in 2015. Each unit offers modern finishes, in-unit washer/dryer, stainless appliances, granite counters, and a 2-car garage. Strong rental income. 4.58% cap rate. Please do not disturb the tenants. Showings will be provided following an offer.

Location & commute

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Directions

Property details

Listing details

Listing number
#2513658
Listed
April 26, 2026
Days on market
78
Price per sq ft
$326
Original list price
$2,000,000

Unit & building

Stories in building
3
Units in building
4

Homeowners association

HOA dues
$4,020 annually

Parking

Covered spaces
8
Total spaces
8

Construction

Year built
2015
Style
54 - 4-Plex
Structure
Quadruplex
Roof
Composition

Heating & cooling

Heating
Baseboard
Cooling
None
Energy source
Electric

Lot

Lot size
7,404 sq ft

Terms

Terms offered
ConventionalFHAVA Loan

Utilities

Sewer
Sewer Connected

Schools

District
Olympia

What stands out to you?

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  • Quadruplex
  • Composition
  • Baseboard
  • None
  • Electric
  • Conventional
  • FHA
  • VA Loan
  • Sewer Connected

Listing history

  1. Listed

    $2,000,000

    April 26, 2026

  2. Current price

    $1,900,000

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

$11,399

Principal & interest
$9,607
Property tax (est.)
$1,457
HOA dues
$335

Assumes $380,000 down (20%), a $1,520,000 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

Based on information submitted to the MLS GRID as of July 13, 2026 at 11:15 PM 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.