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Off market
  • $2,342,400

    7809 Martin Way E, Olympia, WA 98516

    --beds
    0baths
    5,950sqft
    MultiFamily
    Built in 1940
    -- sqft lot
    $2,342,400 Zestimate®
    $394/sqft
    $1,664 Estimated rent

    Home value

    $2,342,400

    $1.76M - $3.21M

    $1,664/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $1,664/mo

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    $1,664/mo

    Rent Zestimate®

    Refinance and save

    $14,059/mo

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    $14,059/mo

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    What's special

    Rare opportunity to own 8.17 acres on Martin Way. Front portion has 225' of Martin Way frontage and is zoned MHDC. Back portion is zoned LD 3-6 units per acre and is ripe for rezoning. 5 rental homes are located on the back, plus a barn that has been rented out for storage. Current monthly income is for all properties is $8278. 2018 average traffic count over 27,000.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Baseboard
    Features
    • Flooring: Carpet, Linoleum / Vinyl
    Interior area
    • Total interior livable area: 5,950 sqft

    Property

    Features
    • Exterior features: Wood
    Lot
    • Size: 8.17 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1940

    Utilities & green energy

    • Sewer: Septic, Available

    Community & neighborhood

    Location
    • Region: Olympia

    Other

    Other facts
    • Property type: MULT
    • Exterior: Wood Products, Wood
    • Roof: Flat, Composition
    • Form 17: Provided
    • Possesion: Closing
    • Energy source: Electric
    • Heating and cooling: Baseboard
    • Lot details: Paved Street, Value In Land
    • General zoning: Multi-Family, See Remarks
    • Building condition: Average
    • Sewer: Septic, Available
    • Potential terms: Conventional, Cash Out
    • Style: 55 - 5-9 Units
    • Site features: Cable TV, Fenced-Partially, Deck, Gas Available, Outbuildings, High Speed Internet
    • Floor covering: Wall to Wall Carpet, Vinyl
    • Foundation: Post & Pillar
    • Bathrooms3: 0.00
    • Bathrooms4: 0.00
    • Bathrooms5: 0.00
    • Bathrooms6: 0.00
    • Bathrooms1: 0.00
    • Bathrooms2: 0.00
    • Offers: Reviewed on receipt
    • Commission: 2.5

    Price history

    DateEventPrice
    5/13/2020Sold$2,100,000-4.5%$353/sqft
    Source: NWMLS as distributed by MLS GRID #1564674 Report a problem
    2/21/2020Pending sale$2,200,000$370/sqft
    Source: Virgil Adams Real Estate, Inc. #1564674 Report a problem
    2/17/2020Listed for sale$2,200,000$370/sqft
    Source: Virgil Adams Real Estate, Inc. #1564674 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 98516

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: North Thurston

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $2,342,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,342,400