Provided by NWMLS, Listed by Urban Commercial Partners, LLC
Active
915 Capitol Way S
Olympia WA, 98501
$4,350,000
Active
Multi-family
Built in 1929
We are pleased to present this Downtown Olympia multi-family portfolio as available for sale for the first time in 20+ years. The offering consists of 2 contiguous properties - Olympia Court Apartments and The Anderson House. There are 34 Total Units, including (19) Studios, (12) 1 bed/1 bath units, (1) 2 bed/1 bath unit and (2) retail storefronts with frontage on popular Capitol Way South. Properties have been locally owned, operated and meticulously maintained for 20+ years. Just steps to the Capital Campus, tenants enjoy outstanding walkability to restaurants, shops, entertainment and necessities. Extremely high historic occupancy with significant upside potential via rent increases and utility charges.
2218285
MLSⓇ ID
April 3, 2024
Listed
May 14, 2024
Updated
Map
915 Capitol Way S
Olympia WA, 98501
Interior Features
Total Stories
2
Interior Features
Wall to Wall Carpet
Floor Description
Vinyl, Carpet
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Baseboard
Exterior/Building Features
Lot Size
0.34 Acres
Exterior Features
Wood
Roof
Composition
Sewer
Sewer Connected
School Information
School District
Olympia
Other Property Details
Area Name
447 - Olympia North
Taxes
$37,341
Tax Frequency
Annually
Garage
No
Parking Total
17
View
Yes
View Description
Territorial
County
Thurston
Pool
No
Buyer Agency Compensation
2.5%
The IDX display contains information sourced from the Northwest Multiple Listing Service as of 5/19/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 5/19/2024 at 3:00 PM UTC