Provided by NWMLS, Bought with The Foundation Group LLC and Listed by The Foundation Group LLC
Sold
333 Division Street NW
Olympia WA, 98502
$2,495,000
$241.34 per sqft
Sold
10,338 sqft
Multi-family
Built in 1935
Price reduction - current cap rate of 6.52% trending to 8.81%. Olympia Portfolio: value-add 15-unit in NW Olympia. Proximity to Capital Mall for retail, groceries, and dining. Well-connected to transportation. 7 contiguous parcels - four townhomes (built 2007, 2009), single-family home (1934), 6-unit apartment with standalone retail (1947), single parcel containing a house, cottage and converted garage unit (1935). Nearby to parks and Evergreen State College. Thoughtfully maintained with high curb appeal. Fully occupied, potential for rent increases and interior renovations. Parcels offer flexibility and significant value-add component.
2164199
MLSⓇ ID
September 21, 2023
Listed
November 7, 2024
Updated
Map
333 Division Street NW
Olympia WA, 98502
Interior Features
Total Stories
1
Interior Features
Wall to Wall Carpet
Floor Description
Vinyl, Carpet
Fireplace
No
Cooling
Yes
Cooling Description
Window Unit A/C
Heating
Yes
Heating Description
Baseboard
Exterior/Building Features
Lot Size
0.81 Acres
Exterior Features
See Remarks
Lot Features
Corner Lot, Sidewalk
Roof
Composition, See Remarks
Sewer
Sewer Connected
School Information
School District
Olympia
Other Property Details
Area Name
444 - Olympia Westside
Taxes
$21,732
Tax Frequency
Annually
Garage
No
Parking Total
27
View
No
County
Thurston
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
4/29/2024 | Sold | $2,495,000 |
2/7/2024 | Pending | — |
1/31/2024 | Price change | $2,550,000 -9% |
The IDX display presents information sourced from the Northwest Multiple Listing Service as of 11/21/2024. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 11/21/2024 at 8:00 AM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Data last updated on 11/21/2024 at 8:00 AM UTC