Listed by Keller Williams South Sound, Bought with AgencyOne
NOT LISTED FOR SALE

1819 Capitol Way S Olympia, WA 98501

South Capitol Neighborhood
-- Bed
-- Bath
4,916 Sq Ft
6,655 Sq Ft Lot

Last Sold March 16, 2023

Last sale price $740,000 $151 Per Sq Ft

63 Days on Market

Highlights

  • Softwood Flooring
  • Corner Lot
  • 4-minute walk to Korean War Memorial
  • Lincoln Elementary School Rated A-
  • No HOA

About This Home

As of March 2023

Awesome opportunity to own a 5 unit rental in the South Capitol neighborhood. All units rented and very low vacancy rate. 4-1 bedroom, 1 bath. 1-2 bed, 1 bath. Minutes from I-5 and downtown.

Last Agent to Sell the Property

Kevin Gordham

Keller Williams South Sound License #89722 Listed on: 11/09/2022

Keller Williams South Sound

Last Buyer's Agent

Rudranil Manna

AgencyOne License #22024506

AgencyOne

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2015466

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,631

Year Built

  • Built in 1910

Lot Details

  • 6,655 Sq Ft Lot
  • Corner Lot

Home Design

  • Block Foundation
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 4,916 Sq Ft Home
  • 2-Story Property

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • Capital Campus Subdivision

Listing and Financial Details

  • Assessor Parcel Number 60500102200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,631

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1910
  • Buyer Agency Compensation: 2.0
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4916
  • Special Features: None
  • Cumulative Days on Market: 402

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Softwood, Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Fir/Softwood, Laminate, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Curbs, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood Products
  • Foundation Details: Block, Poured Concrete
  • Property Condition: Fair
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia
  • WaterSewerGarbage: 5400

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 12500

Schools

  • Junior High Dist: Olympia

Lot Info

  • Parcel Number: 60500102200
  • Lot Size Acres: 0.1528
  • Lot Size Sq Ft: 6655
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available
  • MLSLotSizeSource: assessor
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11.5
  • LeasedItems: None
  • TotalMonthlyIncome: 5750

Multi Family

  • Gross Scheduled Income: 69000
  • Net Operating Income: 36550
  • Number Of Units Total: 5
  • Insurance Expense: 5400
  • Leasable Area: 4916
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5631

Range of Values:

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Average Value
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List Price
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
03/16/2023 03/16/23 Sold $740,000 -4.5% $151 / Sq Ft
01/11/2023 01/11/23 Pending -- -- --
11/23/2022 11/23/22 Price Changed $775,000 -3.1% $158 / Sq Ft
11/09/2022 11/09/22 For Sale $800,000 -- $163 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kevin Gordham

    Seller's Agent in 2023

    Kevin Gordham

    Keller Williams South Sound

    (360) 701-1622

    1 in this area

    155 Total Sales

    Section Image

  • R

    Buyer's Agent in 2023

    Rudranil Manna

    AgencyOne Realty

    (425) 772-7500

    1 in this area

    12 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2015466

Northwest Multiple Listing Service (NWMLS)

Washington Thurston County Olympia 98501 South Capitol

1819 Capitol Way S, Olympia, WA

This home is located at 1819 Capitol Way S, Olympia, WA 98501 since 09 November 2022. This property was built in 1910. 1819 Capitol Way S is a home located in Thurston County with nearby schools including Lincoln Elementary School, Washington 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) 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. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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