Listed by Coldwell Banker Evergreen
$899,000

3411 Stoll Rd SE Olympia, WA 98501

Estimated payment $5,047/month

Total Views 18
5 Beds
4 Baths
2,320 Sq Ft
$388 Price per Sq Ft

Highlights

  • No HOA
  • Partially Fenced Property
  • Vinyl Flooring
  • Baseboard Heating
  • Wood Siding
  • 1-Story Property

About This Home

The highest-earning 4-plex in Thurston County—fully occupied and producing $82,116 in gross annual income. Long-term tenants and zero vacancy make this a standout investment. Three 1-bed/1-bath units and one 2-bed/1-bath, all upgraded with refreshed counters, doors, efficient wall heaters. Coin-op laundry, individual storage sheds, and 7 off-street parking stalls add convenience and value. Located in a high-demand rental corridor just minutes from downtown Olympia, St. Peters Hospital, shopping, parks, and bus lines. Owner pays W/S/G; tenants pay power. This property offers exceptional cash flow, income stability, and future potential—ideal for investors seeking strong returns and lasting value - numbers don't get better than this!

Listing Agent

Madison Del Vigo

Coldwell Banker Evergreen License #127542 Listed on: 09/15/2025

Coldwell Banker Evergreen

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2433443

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,585

Year Built

  • Built in 1968

Lot Details

  • 5,204 Sq Ft Lot
  • Lot Dimensions are 60x103
  • Street terminates at a dead end
  • Partially Fenced Property
  • Property is in average condition

Home Design

  • Quadruplex
  • Concrete Foundation
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,320 Sq Ft Home
  • 1-Story Property

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 7 Parking Spaces
  • Open Parking

Schools

  • Mountain View Elementary School
  • Chinook Mid Middle School
  • North Thurston High School

Utilities

  • Baseboard Heating
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • College City Berry Condos
  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 41700800101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,585

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1968
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: College City Berry
  • New Construction: No
  • CalculatedSquareFootage: 2320
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Commercial, See Remarks
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Laminate, Vinyl
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry,Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Concrete Ribbon
  • Property Condition: Average
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 7
  • Open Parking: Yes
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 7

Utilities

  • Sewer: Septic Tank
  • Security: Partially Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Septic
  • WaterCompany: City of Olympia
  • CableConnected: Xfinity/Comcast
  • InternetConnected: Xfinity/Comcast
  • WaterSewerGarbage: 3000

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: North Thurston
  • High School: North Thurston High
  • Middle Or Junior School: Chinook Mid

Lot Info

  • Parcel Number: 41700800101
  • Lot Size Acres: 0.1195
  • Lot Size: 60x103
  • Lot Size Sq Ft: 5204
  • Zoning Description: Commercial,See Remarks
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 10.95
  • LeasedItems: None
  • TotalMonthlyIncome: 6950

Multi Family

  • Gross Scheduled Income: 80916
  • Net Operating Income: 69758
  • Number Of Units Total: 4
  • Electric Expense: 500
  • Insurance Expense: 1773
  • Leasable Area: 2320
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 3585

MLS Schools

  • Elementary School: Mountain View Elementary

Map

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
09/15/2025 09/15/25 For Sale $899,000 -- $388 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2433443

Northwest Multiple Listing Service (NWMLS)
Washington Thurston County Olympia 98501

3411 Stoll Rd SE, Olympia, WA

This home is located at 3411 Stoll Rd SE, Olympia, WA 98501 and is currently priced at $899,000, approximately $387 per square foot. This property was built in 1968. 3411 Stoll Rd SE is a home located in Thurston County with nearby schools including Pleasant Glade Elementary School, Chinook Middle School, and North Thurston 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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Madison Del Vigo
Listing Agent
Madison Del Vigo
Section Image
Coldwell Banker Evergreen
(360) 837-6085