Listed by RE/MAX Advantage, Bought with Real Broker LLC
NOT LISTED FOR SALE

1915 4th Ave E Olympia, WA 98506

Eastside Neighborhood
-- Bed
3 Baths
3,812 Sq Ft
10,800 Sq Ft Lot

Last Sold March 03, 2022

Last sale price $641,500 $168 Per Sq Ft

26 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Partially Fenced Property
  • Reeves Middle School Rated A-
  • High Speed Internet
  • Wood Siding

About This Home

As of March 2022

This tri-plex, converted from a three level house built in 1929, has touches from the art deco era. Large covered front porch extends the entire front of the house. Main floor unit with 1,447 sq ft, has 2 bedrooms, 1 bath, living room, dining room, and kitchen with eating nook. The upper floor unit is 918 sq ft and has 1 bed, 1 bath, with open concept living/kitchen area. The downstairs unit is 1350 sq ft, 2 bed, 1 bath, large living area and kitchen. Shared washer/dryer on lower level. Tenants are month-to-month. No vacancies! 5.59% CAP rate. Popular Eastside walkable neighborhood with bus stop, grocery store, eateries, and bike store nearby. Close to I-5 and downtown. Great investment! Seller is licensed real estate broker in WA State.

Last Agent to Sell the Property

Kim Piper

RE/MAX Advantage License #21003415 Listed on: 12/28/2021

RE/MAX Advantage

Last Buyer's Agent

Charity Slawter

Real Broker LLC License #23006595

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1874369

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,570

Year Built

  • Built in 1929

Lot Details

  • 10,800 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,812 Sq Ft Home
  • 3-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 5 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Madison Elementary School
  • Reeves Mid Middle School
  • Olympia High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Eastside Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 47100100300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,570

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1929
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3812
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: See Remarks
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Laminate, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks,Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia
  • CableConnected: Comcast
  • InternetConnected: Comcast
  • WaterSewerGarbage: 2246

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 1138

Schools

  • Junior High Dist: Olympia
  • High School: Olympia High
  • Middle Or Junior School: Reeves Mid

Lot Info

  • Parcel Number: 47100100300
  • Lot Size Acres: 0.2479
  • Lot Size Sq Ft: 10800
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet
  • MLSLotSizeSource: County Assessor
  • ZoningJurisdiction: City
  • ZoningClass: See Remarks

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13.11
  • LeasedItems: None
  • TotalMonthlyIncome: 4130

Multi Family

  • Gross Scheduled Income: 49560
  • Net Operating Income: 37548
  • Number Of Units Total: 3
  • Electric Expense: 1037
  • Insurance Expense: 1170
  • Leasable Area: 3715
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 5570

MLS Schools

  • Elementary School: Madison Elem

Range of Values:

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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
03/03/2022 03/03/22 Sold $641,500 -1.3% $168 / Sq Ft
01/23/2022 01/23/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $650,000 0.0% $171 / Sq Ft
01/01/2022 01/01/22 Pending -- -- --
12/28/2021 12/28/21 For Sale $650,000 -- $171 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kim Piper

    Seller's Agent in 2022

    Kim Piper

    RE/MAX

    (360) 402-0150

    2 in this area

    51 Total Sales

    Kim Piper
    Section Image
  • Charity Slawter

    Buyer's Agent in 2022

    Charity Slawter

    Real Broker LLC

    (360) 268-8420

    2 in this area

    162 Total Sales

    Charity Slawter
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1874369

Northwest Multiple Listing Service (NWMLS)

APN: 4710-01-00300

Washington Thurston County Olympia 98501 Eastside

1915 4th Ave E, Olympia, WA

This home is located at 1915 4th Ave E, Olympia, WA 98506 since 28 December 2021. This property was built in 1929. 1915 4th Ave E 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) 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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