Listed by John L. Scott, Inc, Bought with Greene Commercial
$2,900,000
SOLD JUN 23, 2025
36 Beds
31 Baths
16,280 Sq Ft
0.91 Acres

Recently Sold

$178 Per Sq Ft

5 Days on Market

Highlights

  • 0.91 Acre Lot
  • Deck
  • Ceramic Tile Flooring
  • Thurgood Marshall Middle School Rated A-
  • No HOA
  • Partially Fenced Property

About This Home

As of June 2025

Welcome to Twin Peaks Apartments; 16 units in convenient Olympia location. Nice mix of 2 and 3 bedroom units spread over two buildings, parking with carports, decks and partially fenced. Well maintained interiors, washer/dryer in the units and within minutes of the freeway (101), area retail, Capital Mall, Evergreen State College and Capitol Lake. Work done recently includes repair to a retention pond drain and roof repair. All units are currently occupied.

Last Agent to Sell the Property

Eric Uyeji

John L. Scott, Inc License #10901 Listed on: 04/18/2025

John L. Scott, Inc

Last Buyer's Agent

Tyler Kanda

Greene Commercial License #23016135

Greene Commercial

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2360261

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,684

Year Built

  • Built in 1996

Lot Details

  • 0.91 Acre Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 16,280 Sq Ft Home
  • 3-Story Property

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 36 Bedrooms
  • 31 Bathrooms

Parking

  • 22 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Community Details

  • No Home Owners Association
  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12822221300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,684

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1996
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 16280
  • Special Features: None
  • Cumulative Days on Market: 9

Interior Features

  • Total Bedrooms: 36
  • Fireplace: No
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: Ceramic Tile
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Metal/Vinyl
  • Exterior Features: Metal/Vinyl
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 16
  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 22
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes
  • WaterSewerGarbage: 21878

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Olympia

Lot Info

  • Parcel Number: 12822221300
  • Lot Size Acres: 0.91
  • Lot Size Sq Ft: 39639
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially
  • MLSLotSizeSource: TCR
  • MLSSquareFootageSource: TCR

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 10.3
  • LeasedItems: None
  • TotalMonthlyIncome: 25007

Multi Family

  • Gross Scheduled Income: 282779
  • Net Operating Income: 172366
  • Number Of Units Total: 16
  • Electric Expense: 1973
  • Insurance Expense: 11000
  • Leasable Area: 16280
  • EnergySource: Electric
  • UnitsInBuildingTotal: 16
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2025
  • Tax Annual Amount: 30684

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Sold $2,900,000 0.0% $178 / Sq Ft
04/23/2025 04/23/25 Pending -- -- --
04/18/2025 04/18/25 For Sale $2,900,000 -- $178 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2360261

Northwest Multiple Listing Service (NWMLS)