NOT LISTED FOR SALE

419 9th Ave SE Olympia, WA 98501

Downtown Olympia Neighborhood
8 Beds
4 Baths
3,456 Sq Ft
7,200 Sq Ft Lot

Last Sold January 04, 2018

Last sale price $500,000 $145 Per Sq Ft

60 Days on Market

Highlights

  • City View
  • Deck
  • Patio
  • Lincoln Elementary School Rated A-
  • Thermal Windows
  • High Speed Internet

About This Home

As of January 2018

This has been an income producing proven rental for 20 years, professionally managed by The Rants Group for the entire time, the owners have kept rents low to accommodate long term tenants. The property is ripe for upgrades and can easily be brought to market rents since all tenants are on a month to month. Recent upgrades recently done include new siding, windows and painting. Interior units will be inspected with an approved P & S agreement.

Last Buyer's Agent

Patrick Rants

The Rants Group License #2452

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1192542

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,308

Year Built

  • Built in 1971

Lot Details

  • 7,200 Sq Ft Lot
  • Property is in good condition

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Built-Up Roof

Interior Spaces

  • 3,456 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • City Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 78504900300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,308

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1971
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3456
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 391

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Thermal Windows

Exterior Features

  • Roof: Built-Up
  • View: City
  • Lot Features: Alley, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Olympia
  • WaterCompany: City of Olympia
  • WaterSewerGarbage: 4200

Schools

  • Junior High Dist: Olympia

Lot Info

  • Parcel Number: 78504900300
  • Lot Size Acres: 0.1653
  • Lot Size: 7200
  • Lot Size Sq Ft: 7200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet,Patio
  • MLSLotSizeSource: Tax Assessor
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 900

Multi Family

  • Gross Scheduled Income: 39000
  • Net Operating Income: 26057
  • Number Of Units Total: 4
  • Insurance Expense: 750
  • Leasable Area: 3456
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2016
  • Tax Annual Amount: 3308

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
01/04/2018 01/04/18 Sold $500,000 -9.1% $145 / Sq Ft
11/13/2017 11/13/17 Pending -- -- --
09/26/2017 09/26/17 For Sale $550,000 0.0% $159 / Sq Ft
09/14/2017 09/14/17 Pending -- -- --
09/13/2017 09/13/17 For Sale $550,000 -- $159 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Patrick Rants

    Buyer's Agent in 2018

    Patrick Rants

    The Rants Group

    (360) 561-7573

    2 in this area

    4 Total Sales

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1192542

Northwest Multiple Listing Service (NWMLS)

Washington Thurston County Olympia 98501 Downtown Olympia

419 9th Ave SE, Olympia, WA

This home is located at 419 9th Ave SE, Olympia, WA 98501 since 13 September 2017. This property was built in 1971. 419 9th Ave SE is a home located in Thurston County with nearby schools including Lincoln Elementary School, Washington 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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