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    • Listed by: Pacific Residential Brokers • Angad Mahal
    Price cut: $55K (6/23)
    $795,000

    3145 5th Avenue NW, Olympia, WA 98502

    6beds
    6baths
    2,992sqft
    : 
    $5,302/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 2006
    -- sqft lot
    $-- Zestimate®
    $266/sqft
    $280/mo HOA

    What's special

    Solid investment opportunity in West Olympia! This fully occupied duplex features two spacious 3BD/2.5BA units with strong rental income. Solid 4.12% cap rate makes this an attractive addition to any investment portfolio. Both units tenant occupied — please do not disturb tenants. Showings following accepted offer.
    91 days
    |
    264
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Angad Mahal,

    Pacific Residential Brokers

    Source: NWMLS as distributed by MLS GRID,MLS#: 2513663MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 6
      Heating
      • Baseboard, Electric
      Cooling
      • None
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 2,992
      • Total interior livable area: 2,992 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage
      • Garage spaces: 1
      • Covered spaces: 2
      • Uncovered spaces: 2
      Lot
      • Size: 8,860 Square Feet
      Details
      • Parcel number: 51450012500
      • Zoning description: Multi-Family,Jurisdiction: City
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Duplex
      • Property subtype: Duplex, Multi Family
      Materials
      • Wood Siding
      • Roof: Composition
      Condition
      • Year built: 2006
      • Major remodel year: 2006

      Utilities & green energy

      • Sewer: Sewer Connected

      Community & HOA

      Community
      • Subdivision: Cooper Point
      HOA
      • HOA fee: $3,360 annually
      Location
      • Region: Olympia

      Financial & listing details

      • Price per square foot: $266/sqft
      • Tax assessed value: $821,200
      • Annual tax amount: $8,968
      • Date on market: 4/26/2026
      • Cumulative days on market: 92 days
      • Listing terms: Conventional,FHA,VA Loan

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/23/2026Price change$795,000-6.5%$266/sqft
        Source: NWMLS as distributed by MLS GRID #2513663 Report a problem
        4/26/2026Listed for sale$850,000+17.2%$284/sqft
        Source: NWMLS as distributed by MLS GRID #2513663 Report a problem
        11/4/2024Sold$725,000$242/sqft
        Source: NWMLS as distributed by MLS GRID #2294471 Report a problem
        10/4/2024Pending sale$725,000$242/sqft
        Source: NWMLS as distributed by MLS GRID #2294471 Report a problem
        9/27/2024Listed for sale$725,000+45%$242/sqft
        Source: NWMLS as distributed by MLS GRID #2294471 Report a problem
        2/3/2022Listing removed--
        Source: Zillow Rental Network Premium Report a problem
        1/27/2022Listed for rent$1,875+34.4%$1/sqft
        Source: Zillow Rental Network Premium Report a problem
        5/7/2018Listing removed$499,900$167/sqft
        Source: Alta Realty Company LLC #1260913 Report a problem
        5/7/2018Listed for sale$499,900+4.1%$167/sqft
        Source: Alta Realty Company LLC #1260913 Report a problem
        4/27/2018Sold$480,000-4%$160/sqft
        Source: NWMLS as distributed by MLS GRID #1260913 Report a problem
        3/26/2018Pending sale$499,900$167/sqft
        Source: Alta Realty Company LLC #1260913 Report a problem
        3/20/2018Listed for sale$499,900+25%$167/sqft
        Source: Alta Realty Company LLC #1260913 Report a problem
        10/31/2016Sold$400,000-2.4%$134/sqft
        Source: NWMLS as distributed by MLS GRID #1026914 Report a problem
        9/9/2016Listed for sale$410,000-19.6%$137/sqft
        Source: John L Scott Real Estate #1026914 Report a problem
        9/3/2016Listing removed$1,395+16.7%
        Source: Hometown Property Management Report a problem
        4/14/2012Listing removed$1,195
        Source: Hometown Property Management Report a problem
        3/31/2012Listed for rent$1,195
        Source: Hometown Property Management Report a problem
        11/22/2011Listing removed$1,195
        Source: Hometown Property Management Report a problem
        11/3/2011Price change$1,195-4.4%
        Source: Hometown Property Management Report a problem
        9/9/2011Listed for rent$1,250
        Source: Hometown Property Management Report a problem
        9/29/2008Listing removed$509,900$170/sqft
        Source: Homes & Land #27028632 Report a problem
        6/11/2008Listed for sale$509,900$170/sqft
        Source: Homes & Land #27028632 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$8,601 +22.7%$821,200 +22.5%
        2023$7,011 +5.3%$670,600 +0.4%
        2022$6,658 -0.1%$667,700 +19.7%
        2021$6,664 +8.9%$558,000 +17.7%
        2020$6,119 +6.4%$474,100 +1.3%
        2019$5,752 +15.6%$468,000 -0.1%
        2018$4,976 +25.4%$468,300 +32.1%
        2017$3,970 $354,600 +18%
        2016$3,970 $300,600 -5.3%
        2014$3,970 $317,500 +2.8%
        2013-- $308,900
        2012$3,882 --
        2011-- --
        2010-- --
        2009$4,002 --
        2008-- --
        2007$3,917 +209.1%--
        2006$1,267 +73.8%--
        2005$729 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 98502

        Getting around

        31 / 100
        Car-Dependent
        38 / 100
        Some Transit
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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