Listed by Windermere RE West Campus Inc, Bought with eXp Realty
NOT LISTED FOR SALE

2505 Conger Ave NW Unit A-C Olympia, WA 98502

-- Bed
-- Bath
3,534 Sq Ft
7,453 Sq Ft Lot

Last Sold March 18, 2024

Last sale price $1,010,000 $286 Per Sq Ft

6 Days on Market

Highlights

  • Deck
  • Territorial View
  • Thermal Windows
  • Jefferson Middle School Rated A
  • No HOA
  • Patio

About This Home

As of March 2024

Rare investment opportunity with great rental cap rate, offering the potential for instant positive cash flow. Buyers & tenants will love calling this place home, perfectly situated in sought after NW Olympia, nestled in the forest. 2008 built tri-plex consisting of three townhomes, each with 3 bedrooms, 2 bathrooms, a private garage, additional parking space & personal decks. Thoughtful open floorplans allowing ease of living & maximized privacy. Incredible location making these homes a commuter's dream, a stone's throw from parks, groceries, gas stations, countless eateries & entertainment. This will make a great owner-occupied investment or addition to a real estate portfolio. New roof & Hardi plank siding in 2022. Invest in your future.

Last Agent to Sell the Property

Peter Warren

Windermere RE West Campus Inc License #120250 Listed on: 02/09/2024

Windermere RE West Campus Inc

Last Buyer's Agent

Kekoa Lwin

eXp Realty License #23028853

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2194596

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,288

Year Built

  • Built in 2008

Lot Details

  • 7,453 Sq Ft Lot
  • Open Space
  • Street terminates at a dead end
  • Partially Fenced Property
  • Property is in very good condition

Home Design

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

Interior Spaces

  • 3,534 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 6 Parking Spaces
  • 3 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • High Efficiency Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09300016011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,288

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 2008
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3534
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Laminate, Laminate Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street, Open Space, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: 90%+ High Efficiency, Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia
  • CableConnected: Xfinity/Comcast
  • InternetConnected: Xfinity/Comcast
  • 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: 09300016011
  • Lot Size Acres: 0.1711
  • Lot Size: 15, 137, 60, 72, 75, 209
  • Lot Size Sq Ft: 7453
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 13.02
  • LeasedItems: None
  • TotalMonthlyIncome: 6400

Multi Family

  • Gross Scheduled Income: 76800
  • Net Operating Income: 67544
  • Number Of Units Total: 3
  • Insurance Expense: 1968
  • Leasable Area: 3534
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 7288

MLS Schools

  • Elementary School: Buyer To Verify

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 List to Sale Price per Sq Ft
03/18/2024 03/18/24 Sold $1,010,000 +1.0% $286 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
02/09/2024 02/09/24 For Sale $999,950 -- $283 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Peter Warren

    Seller's Agent in 2024

    Peter Warren

    Windermere Real Estate / West Campus, Inc.

    (425) 281-6170

    78 Total Sales

    Peter Warren
    Section Image
  • Kekoa Lwin

    Buyer's Agent in 2024

    Kekoa Lwin

    eXp Realty

    (808) 478-6453

    97 Total Sales

    Kekoa Lwin
    Section Image
  • Octavio Bustillos

    Buyer Co-Listing Agent in 2024

    Octavio Bustillos

    eXp Realty

    (520) 869-2619

    27 Total Sales

    Octavio Bustillos
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2194596

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

2505 Conger Ave NW Unit A-C, Olympia, WA

This home is located at 2505 Conger Ave NW Unit A-C, Olympia, WA 98502 since 09 February 2024. This property was built in 2008. 2505 Conger Ave NW Unit A-C 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

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