INVESTOR ALERT! Great rents come with this extremely solid investment. Perfectly situated multi-family property on the Westside, just minutes from shopping, hospital, freeway, schools, and various amenities! One unit has been recently remodeled and the other given updates as well. Make an offer today and watch your investment grow!
Virgil Adams Real Estate, Inc.License #45654Listed on: 07/14/2025
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2407084
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$4,715
Year Built
Built in 1978
Lot Details
0.45 Acre Lot
Street terminates at a dead end
Partially Fenced Property
Property is in good condition
Home Design
Duplex
Poured Concrete
Composition Roof
Wood Siding
Interior Spaces
1,888 Sq Ft Home
1-Story Property
Flooring
Carpet
Vinyl
Bedrooms and Bathrooms
4 Bedrooms
3 Bathrooms
Parking
6 Parking Spaces
2 Covered Spaces
Open Parking
Schools
Mclane Elementary School
Marshall Middle School
Capital High School
Utilities
Baseboard Heating
Septic Tank
Cable TV Available
Community Details
No Home Owners Association
Westside Subdivision
Property is near a preserve or public land
Listing and Financial Details
Assessor Parcel Number 53830000500
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$4,715
Year Built
Built in 1978
Lot Details
0
Listing Details
Property Type: Residential Income
Property Sub Type: Multi Family
StyleCode: 52 - Duplex
Year Built: 1978
MLS Status: Active
Prev Status: Active
New Construction: No
CalculatedSquareFootage: 1888
Special Features: None
Cumulative Days on Market: 53
Interior Features
Possible Use: Multi-Family, Residential
Total Bedrooms: 4
Fireplace: No
Flooring: Vinyl, Carpet
Stories: 1
SquareFootageFinished: 0
SquareFootageUnfinished: 0
BathsFullUpper: 0
BathsHalfUpper: 0
BathsThreeQuarterUpper: 0
BedroomsUpper: 0
Exterior Features
Roof: Composition
Lot Features: Adjacent to Public Land, Curbs, Dead End Street, Paved
View: No
Waterfront: No
Construction Type: Wood
Exterior Features: Wood
Foundation Details: Poured Concrete
Property Condition: Good
Structure Type: Duplex
Garage/Parking
Carport Y N: No
Covered Parking Spaces: 2
Open Parking Spaces: 4
Open Parking: Yes
Total Parking Spaces: 6
ParkingUncoveredSpaces: 4
Utilities
Sewer: Septic Tank
Water Source: Community
Security: Partially Fenced
Cooling: None
Cooling Y N: No
Heating: Baseboard
Heating Yn: Yes
PowerCompany: Puget Sound Energy
SewerCompany: Septic
WaterCompany: Community - Heritage West
CableConnected: Comcast/ Xfinity
InternetConnected: Comcast/ Xfinity
WaterSewerGarbage: 1320
Condo/Co-op/Association
Senior Community: No
Association: No
Schools
Junior High Dist: Olympia
High School: Capital High
Middle Or Junior School: Marshall Middle
Lot Info
Parcel Number: 53830000500
Lot Size Acres: 0.4549
Lot Size Sq Ft: 19816
Zoning Description: Multi-Family,Residential
Irrigation Water Rights: No
ShowMapLink: true
SiteFeatures: Cable TV,Fenced-Partially
MLSLotSizeSource: Assessor
ZoningJurisdiction: City
Green Features
Power Production Type: Electric
Rental Info
GrossRentMultiplier: 0
LeasedItems: None
TotalMonthlyIncome: 3645
Multi Family
Gross Scheduled Income: 44940
Net Operating Income: 38124
Number Of Units Total: 2
Insurance Expense: 781
Leasable Area: 1888
EnergySource: Electric
UnitsInBuildingTotal: 2
UnitsBelowGrade: false
VacancyRate: 0
Tax Info
Year: 2025
Tax Annual Amount: 4715
MLS Schools
Elementary School: Mclane Elem
Map
Range of Values:
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Average Value
Not Available
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
Tax History
Year
Tax Paid
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
Land
Improvement
2024
$4,715
$520,300
$271,600
$248,700
2023
$4,715
$450,700
$225,900
$224,800
2022
$5,601
$499,600
$278,900
$220,700
2021
$4,286
$456,000
$263,600
$192,400
2020
$4,628
$322,100
$108,200
$213,900
2019
$3,325
$339,900
$188,900
$151,000
2018
$3,358
$242,000
$92,400
$149,600
2017
$3,237
$250,550
$99,850
$150,700
2016
$2,426
$191,700
$66,200
$125,500
2014
--
$187,400
$74,300
$113,100
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
09/02/202509/02/25
Price Changed
$615,000
-1.6%
$326 / Sq Ft
07/14/202507/14/25
For Sale
$625,000
--
$331 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)
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