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Listing Firm: Networks Real Estate LLC: Peter Henry

Bought With: Skyline Properties, Inc. : Aaron Nelson

SOLD On September 1, 2023
NWMLS # 2064498

$510,000

  • Sold Price
  • - Beds
  • - Baths
  • 1976 Sq.ft.

7822 3rd Avenue SE #A/B, Olympia, WA 98503

Listings with the three tree icon are courtesy of NWMLS

About This Property

The INVESTMENT YOU’VE BEEN LOOKING FOR. Potential to up the cap rate with some minor adjustments. Hard to find 3 bedroom units WITH 1 car garages. Hardwoods under carpet in 1 side. Exposed hardwoods on the other. No WALL sharing here as garages meet up. HUGE backyards. GOOD Cap Rate of 6.7. Current renters have leases until 1/24 and 3/24 respectfully. Great buy and nice sized with potential for LONG term tenants.

Buyer's Agent: Aaron Nelson • Skyline Properties, Inc.

Listed by: Peter Henry • Networks Real Estate LLC

Aris360 Last Checked: 3 Minutes Ago (Aug 02, 2025 12:03 PM)

  • Source: NWMLS as Distributed by MLS Grid #2064498

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 3rd
  • Zip/Postal Code: 98503
  • City: Olympia

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$3,847 per month
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Property Features

  • County
    • Tanglewilde
  • Community
    • 451 - Hawks Prairie
  • MLS Area
    • 451 - Hawks Prairie
  • Longitude
    • -122.773014
  • Latitude
    • 47.052505
  • Directions
    • GPS works great!

  • Interior
    • Forced Air
    • Wall to Wall Carpet
    • Hardwood
  • Floors
    • Vinyl
    • Carpet
    • Hardwood
  • Power Production Type
    • Electric
    • Natural Gas

  • Stories
    • 1
  • Style
    • 52 - Duplex
  • Parking Spaces
    • 2
  • Lot Description
    • Paved,
    • Sidewalk,
  • Foundation
    • Block,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Wood
    • Wood Products
  • Roof
    • Composition,
  • Septic or Sewer
    • Septic Tank,
  • Covered Spaces
    • 1
  • Condition
    • Fair,
    • Average,
  • Water
    • THURSTON PUD
  • Building Total Area (Sq. Ft.)
    • 14375
  • Has View
    • Yes
  • Utilities
    • Cable Connected,
    • Natural Gas Available,
    • Septic System,
    • Electric,
    • Natural Gas Connected,
  • View Description
    • Territorial,

  • High School District
    • North Thurston
  • Jr. High School
    • Nisqually Mid
  • Elementary School
    • Lydia Hawk Elem
  • High School
    • River Ridge High

  • Possession
    • Closing,
    • Tenant's Rights,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2023
  • Structure Type
    • Condominium,
  • Tax Amount
    • $3469
  • Year Built
    • 1963
  • Effective Year Built
    • 1980
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Sat Aug 02 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.

Aug 02, 2025 12:03 PM