Provided by NWMLS, Listed by Urban Commercial Partners, LLC

Active

915 Capitol Way S

Olympia WA, 98501

$4,350,000


Active

Multi-family

Built in 1929

SELLER FINANCING AVAILABLE for this meticuously maintained asset in the highly sought after Olympia multi-family submarket. Available for first time in 20+ years, this offering consists of 2 contiguous properties - Olympia Court Apartments and The Anderson House. There are 34 Total Units, including (19) Studios, (12) 1 bed/1 bath units, (1) 2 bed/1 bath unit and (2) retail storefronts with frontage on popular Capitol Way South. Properties have been locally owned, operated and meticulously maintained for 20+ years. Just steps to the Capital Campus, tenants enjoy outstanding walkability to restaurants, shops, entertainment and necessities. High historic occupancy with significant upside potential via rent increases and utility charges.

2262536

MLS ID

July 9, 2024

Listed

September 5, 2024

Updated

Map

915 Capitol Way S
Olympia WA, 98501

Interior Features

Total Stories

2


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Baseboard, Forced Air

Exterior/Building Features

Lot Size

0.4 Acres


Exterior Features

Wood Products


Roof

Composition


Sewer

Sewer Connected

School Information

School District

Olympia

Other Property Details

Area Name

447 - Olympia North


Taxes

$37,341


Tax Frequency

Annually


Garage

No


Parking Total

17


View

No


County

Thurston


Pool

No

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 9/8/2024. 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 9/8/2024 at 12:00 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 9/8/2024 at 12:00 AM UTC 

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