The INVESTMENT YOU’VE BEEN LOOKING FOR. Potential to up the cap rate with some minor adjustments. Hard to find 3 bedroom units WITH 1 car garages. Hardwoods under carpet in 1 side. Exposed hardwoods on the other. No WALL sharing here as garages meet up. HUGE backyards. GOOD Cap Rate of 6.7. Current renters have leases until 1/24 and 3/24 respectfully. Great buy and nice sized with potential for LONG term tenants.
Sold
Listed by: Networks Real Estate LLC • Peter Henry
Bought with: Skyline Properties, Inc.
$510,000
7822 3rd Avenue SE #A/B, Olympia, WA 98503
--beds
--baths
1,976sqft
Duplex, Multi Family
Built in 1963
-- sqft lot
$566,100 Zestimate®
$258/sqft
$1,924 Estimated rent
Home value
$566,100
$526,000 - $611,000
$1,924/mo
Zestimate® history
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Huge backyards
Zillow last checked:
Listing updated:
Offers reviewed: Jun 13
Listed by:
Peter Henry,
Networks Real Estate LLC
Bought with:
Aaron Nelson, 127645
Skyline Properties, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2064498
Facts & features
Interior
Heating
- Forced Air, Electric, Natural Gas
Cooling
- None
Features
- Flooring: Hardwood, Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 1,976
- Total interior livable area: 1,976 sqft
Property
Parking
- Total spaces: 2
- Parking features: Open
- Covered spaces: 1
- Uncovered spaces: 1
Features
- Patio & porch: Hardwood, Wall to Wall Carpet
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.33 Acres
- Features: Paved, Sidewalk
Details
- Parcel number: 78970002700
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
Materials
- Wood Siding, Wood Products
- Foundation: Block
- Roof: Composition
Condition
- Average
- Year built: 1963
- Major remodel year: 1980
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank, Company: SEPTIC
- Water: Public, Company: THURSTON PUD
- Utilities for property: Comcast, Comcast
Community & HOA
Community
- Subdivision: Tanglewilde
Location
- Region: Lacey
Financial & listing details
- Price per square foot: $258/sqft
- Annual tax amount: $3,469
- Offers reviewed: 06/13/2023
- Date on market: 11/8/2023
- Cumulative days on market: 987 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2023 | Sold | $510,000$258/sqft |
Source:  NWMLS as distributed by MLS GRID #2064498 Report a problem | ||
| 6/15/2023 | Pending sale | $510,000$258/sqft |
Source: NWMLS as distributed by MLS GRID #NWM2064498 Report a problem | ||
| 6/7/2023 | Listed for sale | $510,000+200%$258/sqft |
Source: NWMLS as distributed by MLS GRID #NWM2064498 Report a problem | ||
| 10/16/2015 | Sold | $170,000$86/sqft |
Source: NWMLS as distributed by MLS GRID #817188 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 98503
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Nearby schools
GreatSchools rating
- 4/10Lydia Hawk Elementary SchoolGrades: K-5Distance: 0.4 mi
- 5/10Nisqually Middle SchoolGrades: 6-8Distance: 0.4 mi
- 4/10River Ridge High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Lydia Hawk Elem
- Middle: Nisqually Mid
- High: River Ridge High
Source: NWMLS as distributed by MLS GRID. 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
$566,100
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
$566,100
- Washington
- Thurston County
- Lacey
- 98503
- 7822 3rd Avenue SE Unit A/B
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