Listed by Abbey Realty Inc, Bought with Homes & Equity Real Estate Grp
NOT LISTED FOR SALE

2405 Conger Ave NW Unit 1-4 Olympia, WA 98502

12 Beds
10 Baths
4,336 Sq Ft
2003 Built

Last Sold March 27, 2014

Last sale price $425,000 $98 Per Sq Ft

1 Day on Market

About This Home

As of March 2014

Investment opportunity knocks. Solid four plex in strategic location. Close to University, schools, jobs, and parks make this four plex an easy rent. Four 3BR/ 2.5BA units with one car garages. Two units in need of new carpet and paint when tenant leaves (not expected anytime soon). $4400/mo in gross rents. Owner pays W/S/G. Fire alarm with sprinklers. New exterior paint. Incredible cash flow! $425,000

Last Agent to Sell the Property

Josh Abbey

Abbey Realty Inc License #73788 Listed on: 02/13/2014

Last Buyer's Agent

Shawn Xing Brown

Homes & Equity Real Estate Grp License #33383

Homes & Equity Real Estate Grp

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 588203

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,389

Year Built

  • Built in 2003

Home Design

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

Interior Spaces

  • 4,336 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 9 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Schools

  • Jefferson Mid Middle School
  • Capital High School

Community Details

  • Westside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09300013001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,389

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 2003
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4336
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 9
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: SecuritySystem
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia
  • WaterSewerGarbage: 4500

Schools

  • Junior High Dist: Olympia
  • High School: Capital High
  • Middle Or Junior School: Jefferson Mid

Lot Info

  • Parcel Number: 09300013001
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 805
  • LeasedItems: Security System
  • TotalMonthlyIncome: 4400

Multi Family

  • Gross Scheduled Income: 52800
  • Net Operating Income: 39160
  • Number Of Units Total: 4
  • Insurance Expense: 600
  • Leasable Area: 4400
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2013
  • Tax Annual Amount: 5389

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2014 03/27/14 Sold $425,000 0.0% $98 / Sq Ft
02/15/2014 02/15/14 Pending -- -- --
02/13/2014 02/13/14 For Sale $425,000 -- $98 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Josh Abbey

    Seller's Agent in 2014

    Josh Abbey

    Abbey Realty Inc

    (360) 280-7551

    53 Total Sales

    Josh Abbey
    Section Image

  • S

    Buyer's Agent in 2014

    Shawn Xing Brown

    Homes & Equity Real Estate Grp

    (206) 295-3337

    11 Total Sales

    Shawn Xing Brown
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 588203

Northwest Multiple Listing Service (NWMLS)
Washington Thurston County Olympia 98502

2405 Conger Ave NW Unit 1-4, Olympia, WA

This home is located at 2405 Conger Ave NW Unit 1-4, Olympia, WA 98502 since 13 February 2014. This property was built in 2003. 2405 Conger Ave NW Unit 1-4 is a home located in Thurston County with nearby schools including Garfield Elementary School, Jefferson Middle School, and Capital 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

Nearby Homes