3532 Mary Elder Road NE
Olympia, WA 98506
7163 sqft | 0.48 acres | #2339340
Description
Exceptional Investment Opportunity in the Heart of Olympia! Discover this well-maintained and fully occupied TRIPLEX featuring 11 units, offering a rare investment opportunity in a prime and central location. Tenants can enjoy easy access to local shops, dining, and public transportation ensuring high occupancy rates and consistent rental income. The property includes shared laundry facilities and ample parking space, valuable assets in this bustling area. Each unit is thoughtfully designed for long-term tenancy, making it ideal for investors looking to expand their portfolio in a thriving area. With a strong rental history and growth potential, this property combines stability with room for appreciation!
Property Details
- InteriorLaminate, Wall to Wall Carpet
- Exterior MaterialsWood, Wood Products
- Exterior FeaturesFenced-Partially
- FoundationPoured Concrete
- Sewer InformationSewer Connected
- School DistrictNorth Thurston
- Date ListedMarch 06, 2025
- Style53 - Tri-plex
- Property TypeMulti-Family
- Property SubtypeMulti-Family
- Original List Price$1,750,000
- CountyThurston
- SubdivisionOlympia
- MLS #2339340
- Cost1750000
- MLS #2339340
- Structure TypeTriplex
- Utility SourcePublic
- Taxes Annual$7,876
- Lot DescriptionPaved
- Acres0.48
- Square Feet7163
- Year Built1950
- Property ConditionFair
- Stories2
- Days on Market (Cumulative)5
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-03-09 23:58:10. 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.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Copyright 2024 Northwest Multiple Listing Service. All rights reserved.
Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Lisa Le (#NWM107621)
Listing Office: COMPASS (#NWM5813)
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