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Sold for $650,000
  • $650,000

    1108 S Olympia Pl, Kennewick, WA 99337

    8beds
    4baths
    3,536sqft
    Quadruplex
    Built in 1979
    -- sqft lot
    $655,000 Zestimate®
    $184/sqft
    $1,447 Estimated rent

    Home value

    $655,000

    $609,000 - $701,000

    $1,447/mo

    Zestimate® history
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    What's special

    Comfortable and spacious livingLow-maintenance landscapingDesirable locationOriginal charmAmple parking space
    MLS# 283900 INVESTMENT OPPORTUNITY!!! This well-maintained 4-plex in the heart of Kennewick offers an exceptional investment opportunity with strong rental history and a desirable location! Each of the four units features 2 bedrooms and 1 bathroom, providing comfortable and spacious living for tenants. Two of the units have been beautifully updated with modern finishes, including fresh paint, stylish new countertops, durable flooring, and updated doors, while the other two units remain in great condition with their original charm. All units are currently leased, offering immediate cash flow from day one. Two units have undergone full renovations with modern updates, increasing appeal and potential rent rates. Enjoy low-maintenance landscaping with new sod and level ground, enhancing the property's curb appeal. Ample parking space is available in front of the property for each tenant, ensuring convenience. The owner covers water and sewer, providing a hassle-free experience for tenants while keeping the property attractive and competitive. Tenants are responsible for their own power, adding to the property's appeal for investors. Located in a thriving area with easy access to local amenities, shopping, and schools, this 4-plex is an ideal addition to any real estate portfolio. Don't miss the chance to invest in a property with strong rental demand and the potential for future growth! Contact us today to schedule a showing and learn more about this incredible opportunity! 24 Hour notice is required to be posted to each tenant prior to viewing.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brianna Cooper 509-302-0930,

    Celski & Associates, Inc.

    Bought with:

    Maria Valdez, 21029052

    Source: PACMLS,MLS#: 283900MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Baseboard, Electric
    Cooling
    • Wall Unit(s), Electric
    Appliances
    • Included: Dishwasher, Dryer, Disposal, Range/Oven, Refrigerator, Washer
    Features
    • New Paint
    • Windows: Windows-Vinyl
    • Has fireplace: No
    • Fireplace features: FP-"0" Clear
    Interior area
    • Total structure area: 3,536
    • Total interior livable area: 3,536 sqft

    Property

    Parking
    • Parking features: No Garage, Off Street
    Features
    • Patio & porch: Patio/Covered
    • Exterior features: Professionally Landscaped, Sprinkler
    Lot
    • Features: Irrigated, Loc in City Limits
    Details
    • Parcel number: 112892020001006
    • Zoning description: Multi - Family Re

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Wood Frame
    • Roof: Composition Shingle
    Condition
    • Year built: 1979

    Utilities & green energy

    • Water: Public, See Remarks
    • Utilities for property: Appl-Electric, Electricity Connected

    Community & HOA

    Community
    • Subdivision: Tradewinds
    Location
    • Region: Kennewick

    Financial & listing details

    • Price per square foot: $184/sqft
    • Tax assessed value: $371,930
    • Annual tax amount: $2,962
    • Date on market: 8/5/2025
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Inclusions: All Appliances, Washer & Dryer In Each Unit
    • Total actual rent: 4600
    • Tenant pays: Electricity, Heat
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/4/2025Sold$650,000$184/sqft
    Source: PACMLS #283900 Report a problem
    5/26/2025Pending sale$650,000$184/sqft
    Source: PACMLS #283900 Report a problem
    5/19/2025Listed for sale$650,000$184/sqft
    Source: PACMLS #283900 Report a problem
    5/9/2025Pending sale$650,000$184/sqft
    Source: PACMLS #283900 Report a problem
    5/5/2025Listed for sale$650,000+10.2%$184/sqft
    Source: PACMLS #283900 Report a problem
    2/26/2024Sold$590,000-1.7%$167/sqft
    Source: Public Record Report a problem
    1/16/2024Listed for sale$599,990+13.2%$170/sqft
    Source: Owner Report a problem
    2/1/2022Sold$530,000$150/sqft
    Source: PACMLS #258357 Report a problem
    12/18/2021Listed for sale$530,000$150/sqft
    Source: PACMLS #258357 Report a problem
    12/11/2021Listing removed--
    Source: PACMLS #258357 Report a problem
    12/9/2021Listed for sale$530,000+55.9%$150/sqft
    Source: PACMLS #258357 Report a problem
    8/29/2019Listing removed$750
    Source: Douglas Investments Report a problem
    8/13/2019Listed for rent$750
    Source: Douglas Investments Report a problem
    1/7/2019Listing removed$750
    Source: Douglas Investments Report a problem
    12/28/2018Listed for rent$750
    Source: Douglas Investments Report a problem
    9/7/2018Listing removed$750
    Source: Douglas Investments Report a problem
    9/4/2018Listed for rent$750
    Source: Douglas Investments Report a problem
    8/9/2018Sold$340,000-2.9%$96/sqft
    Source: PACMLS #229698 Report a problem
    6/28/2018Pending sale$350,000$99/sqft
    Source: Progressive Sales, Inc. #229698 Report a problem
    6/20/2018Listed for sale$350,000$99/sqft
    Source: Progressive Sales, Inc. #229698 Report a problem
    6/11/2018Pending sale$350,000$99/sqft
    Source: Progressive Sales, Inc. #229698 Report a problem
    5/24/2018Listed for sale$350,000$99/sqft
    Source: Progressive Sales, Inc. #229698 Report a problem
    5/20/2018Pending sale$350,000$99/sqft
    Source: Progressive Sales, Inc. #229698 Report a problem
    5/20/2018Listed for sale$350,000+67.1%$99/sqft
    Source: Progressive Sales, Inc. #229698 Report a problem
    10/21/2005Sold$209,500$59/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,014 +1.7%$371,930 +1.2%
    2023$2,963 +6.1%$367,430 -6%
    2022$2,792 -17.6%$390,760 +13.2%
    2021$3,389 +34.9%$345,110 +38.8%
    2020$2,512 -15.5%$248,620
    2019$2,974 +2.3%$248,620
    2018$2,907 -16%$248,620
    2017$3,461 +16.7%$248,620
    2016$2,965 $248,620 +9.9%
    2015$2,965 -0.4%$226,150
    2014$2,977 $226,150
    2013$2,977 $226,150
    2012-- $226,150 +1.6%
    2011-- $222,680 +10.7%
    2010-- $201,200
    2009-- $201,200
    2008-- --
    2007-- --
    2006-- --
    Find assessor info on the county website

    Neighborhood: 99337

    Nearby schools

    GreatSchools rating
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