Listed by Redfin, Bought with Olympic Sotheby's Int'l Realty
$625,000
SOLD JAN 15, 2025

1106 9th Ave SE Olympia, WA 98501

Eastside Neighborhood
6 Beds
4 Baths
2,966 Sq Ft
8,000 Sq Ft Lot

Recently Sold

$211 Per Sq Ft

6% Below List Price

9 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Ceramic Tile Flooring
  • Reeves Middle School Rated A-
  • Patio
  • High Speed Internet

About This Home

As of January 2025

Fantastic opportunity to own a well-established Eastside duplex in Olympia with a strong rental history. Ideally located near downtown, this property offers convenient access to shops, restaurants, schools, Capitol building, and freeway access. Each two-story unit features 3 bedrooms, 1.5 baths, a tiled-counter kitchen, newer appliances, private fenced yards, in-unit washer and dryer, radiant heating, a private single-car garage, and driveway parking. Excellent investment with a 5.35% cap rate!

Last Agent to Sell the Property

David MacPhail

Redfin License #27309 Listed on: 11/22/2024

Redfin

Last Buyer's Agent

Stacey Gravatt

Olympic Sotheby's Int'l Realty License #20111670

Olympic Sotheby's Int'l Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2311917

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,327

Year Built

  • Built in 1999

Lot Details

  • 8,000 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,966 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Radiant Heating System
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 43400000600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,327

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1999
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2966
  • Special Features: VirtualTour
  • Cumulative Days on Market: 116

Interior Features

  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Olympia
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 43400000600
  • Lot Size Acres: 0.1837
  • Lot Size Sq Ft: 8000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,High Speed Internet,Patio
  • MLSLotSizeSource: Realist - Buyer to verify
  • MLSSquareFootageSource: Realist - Buyer to verify
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 15.61
  • LeasedItems: None
  • TotalMonthlyIncome: 3550

Multi Family

  • Gross Scheduled Income: 42600
  • Net Operating Income: 35603
  • Number Of Units Total: 2
  • Insurance Expense: 1670
  • Leasable Area: 2966
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5327

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2024
Closed on
Jan 14, 2025
Sold by
Bouton Llc
Bought by
Solna Properties Llc
Seller's Agent
David MacPhail
Redfin
Buyer's Agent
Stacey Gravatt
Olympic Sotheby's Int'l Realty
List Price
$665,000
Sold Price
$625,000
Premium/Discount to List
-$40,000
-6.02%
Total Days on Market
9
Views
42
Current Estimated Value
$647,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,077
Avg. Annual Appreciation
9.57%

Purchase Details

Closed on
Sep 19, 2017
Sold by
Friedel Karl and Friedel Nora
Bought by
Bouton Llc

Purchase Details

Closed on
Dec 11, 1997
Sold by
Lilliquist W Ken
Bought by
Friedel Karl R and Friedel Nora S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,250
Interest Rate
7.19%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 25, 1997
Sold by
Gabbard Gregory
Bought by
Lilliquist W Ken

Purchase Details

Closed on
Apr 4, 1997
Sold by
Gabbard Ray
Bought by
Gabbard Gregory
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $625,000 Wfg National Title
Warranty Deed $354,719 Thurston County Title Co
Warranty Deed -- First American Title Ins Co
Warranty Deed -- First American Title Ins Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $163,500 New Conventional
Previous Owner $38,250 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2025 01/15/25 Sold $625,000 -6.0% $211 / Sq Ft
12/01/2024 12/01/24 Pending -- -- --
11/22/2024 11/22/24 For Sale $665,000 -- $224 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,327 $646,600 $271,600 $375,000
2023 $5,327 $509,300 $182,800 $326,500
2022 $5,389 $535,800 $195,600 $340,200
2021 $5,758 $451,100 $151,600 $299,500
2020 $5,177 $446,100 $105,700 $340,400
2019 $4,594 $391,200 $148,800 $242,400
2018 $4,649 $345,200 $112,900 $232,300
2017 $4,204 $336,500 $78,800 $257,700
2016 $3,745 $289,050 $106,450 $182,600
2014 -- $299,500 $112,400 $187,100
Source: Public Records

Agents Affiliated with this Home

  • David MacPhail

    Seller's Agent in 2025

    David MacPhail

    Redfin

    (253) 571-9998

    Section Image
  • Stacey Gravatt

    Buyer's Agent in 2025

    Stacey Gravatt

    Olympic Sotheby's Int'l Realty

    (360) 789-0791

    2 in this area

    42 Total Sales

    Stacey Gravatt
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2311917

Northwest Multiple Listing Service (NWMLS)

APN: 43400000600

Washington Thurston County Olympia 98501 Eastside

1106 9th Ave SE, Olympia, WA

This home is located at 1106 9th Ave SE, Olympia, WA 98501 and is currently priced at $625,000, approximately $210 per square foot. This property was built in 1999. 1106 9th Ave SE is a home located in Thurston County with nearby schools including Madison Elementary School, Reeves Middle School, and Avanti High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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