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 

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