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Listing Firm: Networks Real Estate LLC: Peter Henry

Bought With: Networks Real Estate LLC : Peter Henry

SOLD On July 16, 2021
NWMLS # 1774554

$535,000

  • Sold Price
  • - Beds
  • - Baths
  • 4896 Sq.ft.

205 19TH Avenue SE, Olympia, WA 98501

Listings with the three tree icon are courtesy of NWMLS

About This Property

Own a piece of Olympia History in ever popular South Capitol District. Well loved by current owners for over 40 years. This 5 plex features 2 one bedroom units, 2 studio apartments and 1 two bedroom 1.75 bath unit. Just around the corner from Lincoln Elementary and just blocks from Capital Campus. Always Rented! Long...LONG term tenants...one has been there for 30 years. These don't come up often and when they do they don't last long. Some deferred maintenance but price reflects that. The 3 rules of real estate apply here...LOCATION LOCATION LOCATION! Price reflects some deferred maintenance needed but NOT overwhelming. This is a $$ maker ALL DAY LONG! Build your portfolio with a guaranteed winner. PRO FORMA RENTS STILL BELOW MARKET!

Buyer's Agent: Peter Henry • Networks Real Estate LLC

Listed by: Peter Henry • Networks Real Estate LLC

Aris360 Last Checked: 5 Minutes Ago (Jun 02, 2025 11:24 PM)

  • Source: NWMLS as Distributed by MLS Grid #1774554

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 19TH
  • Zip/Postal Code: 98501
  • City: Olympia

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$3,847 per month
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Property Features

  • County
    • Capital Campus
  • Community
    • 447 - Olympia North
  • MLS Area
    • 447 - Olympia North
  • Longitude
    • -122.899447
  • Latitude
    • 47.031416
  • Directions
    • SOUTH ON CAP WAY TO LEFT ON 19TH TO BUILDING ON RIGHT

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

  • Stories
    • 2
  • Style
    • 55 - 5-9 Units
  • Parking Spaces
    • 5
  • Lot Description
    • Corner Lot,
    • Curbs,
    • Paved,
    • Sidewalk,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Wood
  • Site Description
    • Cable TV,Fenced-Partially
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Condition
    • Average,
  • Water
    • CITY OF OLYMPIA
  • Building Total Area (Sq. Ft.)
    • 6765
  • Has View
    • Yes
  • Utilities
    • Cable Connected,
    • Sewer Connected,
    • Electric,
    • Natural Gas Connected,
  • View Description
    • Territorial,

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

  • Possession
    • Closing,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2021
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $4853
  • Year Built
    • 1909
  • Effective Year Built
    • 1910
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Mon Jun 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.

Jun 02, 2025 11:24 PM