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Listing Firm: Virgil Adams Real Estate, Inc.: Paul Oczkewicz

Bought With: Urban Commercial Partners, LLC : Jason Elrod

SOLD On January 18, 2022
NWMLS # 1867614

$521,000

  • Sold Price
  • - Beds
  • - Baths
  • 1176 Sq.ft.

1204 1206 Chestnut Street SE, Olympia, WA 98501

Listings with the three tree icon are courtesy of NWMLS

About This Property

Top of the class duplex located just up from downtown Olympia and minutes from the Capitol. Each unit is 2 BR 1 BA. Both units completely renovated in 2018. Updates include, interior and exterior paint, LVP flooring throughout, white painted doors and molding, kitchen cabinets, appliances and complete bathroom remodel. Each side has an oversized 1-car garage, with washer and dryer and lots of room for storage. Tenants pay all utilities. Landlord pays for landscaping. Amazing 6.8% cap rate. Always had very low turnover rate.

Buyer's Agent: Jason Elrod • Urban Commercial Partners, LLC

Listed by: Paul Oczkewicz • Virgil Adams Real Estate, Inc.

Aris360 Last Checked: 10 Minutes Ago (Jun 06, 2025 06:45 PM)

  • Source: NWMLS as Distributed by MLS Grid #1867614

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Chestnut
  • 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
    • -122.892857
  • Latitude
    • 47.037585
  • Directions
    • I-5, Plum Street exit, left on Union, left on Cherry, left on 11th, right on Chestnut to home on left.

  • Interior
    • Forced Air
    • Wall to Wall Carpet
  • Floors
    • Vinyl
    • Carpet
    • Vinyl Plank
  • Power Production Type
    • Electric
    • Natural Gas
  • Furnished
    • Unfurnished

  • Stories
    • 2
  • Style
    • 52 - Duplex
  • Parking Spaces
    • 6
  • Lot Description
    • Alley,
    • Curbs,
    • Paved,
    • Sidewalk,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Wood
  • Site Description
    • Cable TV,Gas Available,High Speed Internet
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Covered Spaces
    • 2
  • Condition
    • Good,
    • Very Good,
  • Water
    • City of Olympia
  • Building Total Area (Sq. Ft.)
    • 5537
  • Utilities
    • Cable Connected,
    • Natural Gas Available,
    • Sewer Connected,
    • Electric,
    • Natural Gas Connected,
    • High Speed Internet,
  • Parking Description
    • RV Parking,

  • High School District
    • Olympia
  • Jr. High School
    • Wash Mid
  • Elementary School
    • LincolnElem
  • High School
    • Capital High

  • Possession
    • Closing,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2021
  • Structure Type
    • Condominium,
  • Tax Amount
    • $3211
  • Year Built
    • 1945
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Fri Jun 06 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 06, 2025 06:45 PM