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Listing Firm: Olympic Sotheby's Int'l Realty: Jeff Weeks

Bought With: eXp Realty : Chantelle Whittier

SOLD On October 18, 2024
NWMLS # 2275691

$600,000

  • Sold Price
  • - Beds
  • - Baths
  • 2231 Sq.ft.

806 808 Adams Street SE, Olympia, WA 98501

Listings with the three tree icon are courtesy of NWMLS

About This Property

Investor Alert! Exceptional opportunity to own this 5-unit multifamily property in the heart of downtown Olympia. Rents are significantly below market presenting good upside potential for the savvy investor. The property consists of two spacious 1-bed units (620+- sq ft each), two compact 1-bed units (300+- sq ft each), and one cozy studio (200+- sq ft). Coin op laundry on site. 2-car garage off the alley has been utilized by the owner but could be converted to tenant storage for added income. All units are individually metered and are connected to city utilities. Close to restaurants, shopping, parks & more. Don't miss out on this chance to capitalize on Olympia's growing rental market. Opportunity knocks!

Buyer's Agent: Chantelle Whittier • eXp Realty

Listed by: Jeff Weeks • Olympic Sotheby's Int'l Realty

Aris360 Last Checked: 1 Minute Ago (Jun 04, 2025 01:21 PM)

  • Source: NWMLS as Distributed by MLS Grid #2275691

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Adams
  • Zip/Postal Code: 98501
  • City: Olympia

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$3,847 per month
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Property Features

  • County
    • Olympia
  • Community
    • 447 - Olympia North
  • MLS Area
    • 447 - Olympia North
  • Longitude
    • -122.897208
  • Latitude
    • 47.04147
  • Directions
    • From Plum head west on Union Ave, right on Adams to property on the right

  • Interior
    • Wall to Wall Carpet
  • Floors
    • Vinyl
    • Carpet
  • Power Production Type
    • Electric

  • Stories
    • 1
  • Style
    • 55 - 5-9 Units
  • Lot Description
    • Alley,
    • Curbs,
    • Paved,
    • Sidewalk,
  • Foundation
    • Block,
    • Slab,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Wood
    • Wood Products
  • Site Description
    • Cable TV,Fenced-Partially,High Speed Internet
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Condition
    • Fair,
  • Water
    • City of Olympia
  • Building Total Area (Sq. Ft.)
    • 6000
  • Has View
    • Yes
  • View Description
    • Territorial,

  • High School District
    • Olympia
  • Jr. High School
    • Wash Mid
  • Elementary School
    • Buyer To Verify
  • High School
    • Olympia High

  • Possession
    • Tenant's Rights,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2024
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $4872
  • Year Built
    • 1936
  • Effective Year Built
    • 1993
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Wed Jun 04 2025 . 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.

Jun 04, 2025 01:21 PM