Property Description

Put this 4 plex to work in your portfolio. WELL maintained units with long term renters and a 6.4% CAP RATE. These spacious units with attached 1 car garages are never empty for long since the location is awesome. Each unit 2 bed 1 bath. All 4 units with exact same layouts. Updated in 2014 but you’d swear it was just a couple years since it was done. FULLY FENCED HUGE backyards as well keeps people here for years and years. Tenants pay for water & garbage and sewer is septic so NO monthly bills for the owner. Nice METAL roof that will last for eternity with very little maintenance on one unit and a composite roof on the other that is approx. 10 years old. OLYMPIA SCHOOL DISTRICT. Close to all amenities too! Super quiet dead end street.

Features
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Address Map
USA
WA
Olympia
98506
Mitchell
2515
Avenue
W123° 8' 2.4''
N47° 3' 1.8''
Bigelow
NE
Additional Info
No
: City Of Auburn
School
Reeves Mid
Olympia High
Roosevelt Elementary
Olympia
MLS/Listing
Sold
12/01/2022
41
02/21/2023 22:47:10
02/21/2023
2023-02-20
$900,000
Property Tax
$5,598
68900500100
Listing History
MLS ID Change Type Change Date Change Time Previous Value New Value
2019794 status 02/21/2023 10:45:53 PM Pending Sold
2019794 status 01/27/2023 4:15:52 PM Pending Inspection Pending
2019794 status 01/12/2023 1:42:11 AM Active Pending Inspection
Billahome Estimated Value:

School Rating Disclaimer
School data showing above are provided by GreatSchools. This School data are intended to be used as reference purpose only. School attendance zone boundaries are provided by a third party and are subject to change. It is not guaranteed to be 100% accurate.

Residential Income

2515 Mitchell Avenue, Olympia, Washington 98506

0 Bedrooms
0 Bathrooms
3,312 Sqft
$950,000
MLS #2019794
Property Details
Status : Sold
Property Type : Residential Income
Property Sub Type : Multi-family
Listing Type : For Sale
MLS : 2019794
Price : $950,000
Bedrooms : 0
Rooms : 0
Bathrooms : 0
Half Bathrooms : 0
Year Built : 1971
Square Footage : 3,312 Sqft
Lot Size Square Feet : 20,250 Sqft
Stories Total : 1
Days On Market : 262
Office Name : Networks Real Estate LLC
Agent Name : Peter Henry
Style : 54 - 4-Plex
Estimate Price :
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