Remodeled Tri-Plex on large lot in Central Olympia. Easy walking distance to Downtown, the Capitol and Waterfront. New windows, exterior paint, roof and gutters. All units have been freshly painted and new floor covering installed when current tenants moved in. All units have private yards. Each unit has 3 parking spaces, plus extra parking off alley. Please do not disturb the tenants!!! Tenants pay all utilities. Great cash flow 7.9 cap rate. Interior inspection with 48-hour notice. NO Sign. All units have washer dryer hookups.
Sold
Listed by: Green Path Real Estate • Richard Maxwell
Bought with: Skyline Properties, Inc.
$510,000
1200 10th Avenue SE, Olympia, WA 98501
--beds
--baths
1,874sqft
Triplex, Multi Family
Built in 1901
-- sqft lot
$558,000 Zestimate®
$272/sqft
$1,988 Estimated rent
Home value
$558,000
$530,000 - $586,000
$1,988/mo
Zestimate® history
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$3,131/mo
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Zillow last checked:
Listing updated:
Listed by:
Richard Maxwell,
Green Path Real Estate
Bought with:
Aaron Nelson, 127645
Skyline Properties, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2141748
Facts & features
Interior
Heating
- Baseboard, Forced Air, Radiant, Electric, Natural Gas
Cooling
- None
Features
- Flooring: Carpet
- Windows: Thermal Windows
- Has fireplace: No
Interior area
- Total structure area: 1,874
- Total interior livable area: 1,874 sqft
Property
Parking
- Total spaces: 9
- Parking features: RV Parking
- Carport spaces: 1
- Uncovered spaces: 8
Features
- Patio & porch: Wall to Wall Carpet
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.28 Acres
- Features: Sidewalk, Cable TV, Gas Available, High Speed Internet, RV Parking
Details
- Parcel number: 78206901302
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Tri-plex
- Property subtype: Triplex, Multi Family
Materials
- Wood Siding
- Foundation: Slab
- Roof: Composition
Condition
- Good
- Year built: 1901
- Major remodel year: 1968
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: COO
- Water: Public, Company: City of Olympia
- Utilities for property: Comcast, Comcast
Green energy
- Energy efficient items: Thermal Windows
Community & HOA
Community
- Subdivision: Eastside Olympia
Location
- Region: Olympia
Financial & listing details
- Price per square foot: $272/sqft
- Tax assessed value: $481,400
- Annual tax amount: $3,121
- Date on market: 9/11/2023
- Cumulative days on market: 1045 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 1/10/2024 | Sold | $510,000-7.3%$272/sqft |
Source:  NWMLS as distributed by MLS GRID #2141748 Report a problem | ||
| 12/11/2023 | Pending sale | $549,950$293/sqft |
Source: NWMLS as distributed by MLS GRID #2141748 Report a problem | ||
| 11/15/2023 | Listed for sale | $549,950$293/sqft |
Source: NWMLS as distributed by MLS GRID #2141748 Report a problem | ||
| 11/11/2023 | Pending sale | $549,950$293/sqft |
Source: NWMLS as distributed by MLS GRID #2141748 Report a problem | ||
| 10/25/2023 | Price change | $549,950-5.2%$293/sqft |
Source: NWMLS as distributed by MLS GRID #2141748 Report a problem | ||
| 9/4/2023 | Price change | $579,950-2.5%$309/sqft |
Source: NWMLS as distributed by MLS GRID #2141748 Report a problem | ||
| 8/6/2023 | Listed for sale | $595,000$318/sqft |
Source: NWMLS as distributed by MLS GRID #2141748 Report a problem | ||
| 8/1/2023 | Pending sale | $595,000$318/sqft |
Source: NWMLS as distributed by MLS GRID #2141748 Report a problem | ||
| 7/21/2023 | Listed for sale | $595,000+96.7%$318/sqft |
Source: NWMLS as distributed by MLS GRID #NWM2141748 Report a problem | ||
| 6/23/2020 | Listing removed | $1,150$1/sqft |
Source: TurboTenant Report a problem | ||
| 6/5/2020 | Listed for rent | $1,150$1/sqft |
Source: TurboTenant Report a problem | ||
| 4/3/2020 | Listing removed | $1,150$1/sqft |
Source: TurboTenant Report a problem | ||
| 3/8/2020 | Listed for rent | $1,150-25.8%$1/sqft |
Source: TurboTenant Report a problem | ||
| 1/25/2020 | Listing removed | $1,550$1/sqft |
Source: TurboTenant Report a problem | ||
| 1/7/2020 | Listed for rent | $1,550+40.9%$1/sqft |
Source: TurboTenant Report a problem | ||
| 3/31/2019 | Listing removed | $1,100$1/sqft |
Source: www.turbotenant.com Report a problem | ||
| 3/15/2019 | Price change | $1,100-21.4%$1/sqft |
Source: www.turbotenant.com Report a problem | ||
| 3/14/2019 | Listed for rent | $1,400$1/sqft |
Source: www.turbotenant.com Report a problem | ||
| 2/28/2019 | Sold | $302,500+34.4%$161/sqft |
Source: Public Record Report a problem | ||
| 10/28/2005 | Sold | $225,000$120/sqft |
Source: NWMLS as distributed by MLS GRID #25142024 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,046 +72.5% | $481,400 +72.4% |
| 2023 | $2,926 -6.3% | $279,300 -10.6% |
| 2022 | $3,121 -6% | $312,500 +12.6% |
| 2021 | $3,319 +13.4% | $277,500 +22.6% |
| 2020 | $2,927 +14.6% | $226,400 -8.5% |
| 2019 | $2,555 +0.3% | $247,300 +19.1% |
| 2018 | $2,546 +55.5% | $207,600 +17.7% |
| 2017 | $1,638 | $176,450 +18.3% |
| 2016 | $1,638 | $149,200 +14.2% |
| 2014 | $1,638 | $130,600 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $2,416 | -- |
| 2008 | -- | -- |
| 2007 | $2,289 -34.7% | -- |
| 2006 | $3,503 +93.4% | -- |
| 2005 | $1,811 | -- |
| 2004 | -- | -- |
| 2002 | -- | -- |
Find assessor info on the county website
Neighborhood: Eastside
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Nearby schools
GreatSchools rating
- 7/10Madison Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 8/10Reeves Middle SchoolGrades: 6-8Distance: 1.6 mi
- 9/10Olympia High SchoolGrades: 9-12Distance: 1.6 mi
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Estimated market value
$558,000
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Estimated market value
$558,000
- Washington
- Thurston County
- Olympia
- 98501
- Eastside
- 1200 10th Avenue SE
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