Amazing investment opportunity with this consistently-rented fourplex. Each townhouse-style unit has 2 bedrooms and 1.5 baths. Convenient location just minutes from amenities and the freeway for an easy commute. One covered parking spot for each unit, plus 4 guest spots. Siding repair is in process. One unit has been completely remodeled and another recently refreshed with new carpets and paint. All units are currently leased at below-market rents, for instant earning potential with room to grow. One unit is leased through July '26, all other are month to month.
Sold
Listed by: Redfin • Jessica Kammeyer
Bought with: ZNonMember-Office-MLS
$825,000
9326 Skokomish Way NE, Olympia, WA 98516
8beds
8baths
4,736sqft
Quadruplex, Multi Family
Built in 1980
-- sqft lot
$823,900 Zestimate®
$174/sqft
$1,919 Estimated rent
Home value
$823,900
$766,000 - $890,000
$1,919/mo
Zestimate® history
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$5,298/mo
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List your homeWhat's special
Townhouse-style unitGuest spotsCovered parking spot
Zillow last checked:
Listing updated:
Listed by:
Jessica Kammeyer,
Redfin
Bought with:
Unrepresentd ZDefault
ZNonMember-Office-MLS
Source: NWMLS as distributed by MLS GRID,MLS#: 2401503
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Radiant, Electric
Cooling
- None
Features
- Has fireplace: No
Interior area
- Total structure area: 4,736
- Total interior livable area: 4,736 sqft
Property
Parking
- Total spaces: 8
- Parking features: Open
- Carport spaces: 4
- Uncovered spaces: 4
Lot
- Size: 0.39 Acres
- Features: Cul-De-Sac, Dead End Street
Details
- Parcel number: 78770010600
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex, Multi Family
Materials
- Wood Siding, Wood Products
- Roof: Composition
Condition
- Year built: 1980
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Sewer Connected, Company: City of Lace
- Water: Public, Company: City of Lacey
Community & HOA
Community
- Subdivision: Olympia
HOA
- HOA fee: $250 annually
Location
- Region: Olympia
Financial & listing details
- Price per square foot: $174/sqft
- Annual tax amount: $9,217
- Date on market: 9/18/2025
- Cumulative days on market: 307 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2025 | Sold | $825,000-9.8%$174/sqft |
Source:  NWMLS as distributed by MLS GRID #2401503 Report a problem | ||
| 8/15/2025 | Pending sale | $915,000$193/sqft |
Source: NWMLS as distributed by MLS GRID #2401503 Report a problem | ||
| 8/4/2025 | Price change | $915,000-3.2%$193/sqft |
Source: NWMLS as distributed by MLS GRID #2401503 Report a problem | ||
| 7/28/2025 | Price change | $945,000-3.1%$200/sqft |
Source: NWMLS as distributed by MLS GRID #2401503 Report a problem | ||
| 7/2/2025 | Listed for sale | $975,000+277.9%$206/sqft |
Source: NWMLS as distributed by MLS GRID #2401503 Report a problem | ||
| 6/12/2001 | Sold | $258,000$54/sqft |
Source: NWMLS as distributed by MLS GRID #20059490 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 98516
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Nearby schools
GreatSchools rating
- 7/10Olympic View Elementary SchoolGrades: K-5Distance: 1.7 mi
- 5/10Salish Middle SchoolGrades: 6-8Distance: 1.2 mi
- 4/10River Ridge High SchoolGrades: 9-12Distance: 0.7 mi
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Estimated market value
$823,900
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
$823,900
- Washington
- Thurston County
- Lacey
- 98516
- 9326 Skokomish Way NE
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