NOT LISTED FOR SALE
-- Bed
-- Bath
3,264 Sq Ft
8,276 Sq Ft Lot Lot

Sale Details

Date Sold: May 10, 2024

Last sale price $500,000 $153 Per Sq Ft

25 Days on Market

Highlights

  • Mountain View
  • Level Lot
  • Wood Siding
  • Zoned Heating

About This Home

As of May 2024

Don't miss out on this lucrative opportunity in Thurston with a well-positioned 4-plex offering both convenience and potential. Situated within walking distance to the Thurston LTD bus station and close to shopping centers and freeway access, this property promises excellent accessibility. Among a complex of 22 4-plex units, this property stands out for its well-maintained condition and spacious units, ensuring tenant satisfaction. Whether you're a seasoned investor or looking to start your portfolio, this Thurston 4-plex offers an attractive package of location, maintenance, and income potential. Total of 3x Four plex's listed by seller MLS #24497892 & 24636597.

Last Agent to Sell the Property

Josh Cooley

Keller Williams The Cooley Real Estate Group License #200709155 Listed on: 03/15/2024

Keller Williams The Cooley Real Estate Group

Last Buyer's Agent

Brian House

Keller Williams The Cooley Real Estate Group License #201220849

Keller Williams The Cooley Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Home Design

  • Stem Wall Foundation
  • Composition Roof
  • Wood Siding
  • Plywood Siding Panel T1-11

Interior Spaces

  • 3,264 Sq Ft Home
  • 2-Story Property
  • Mountain Views
  • Crawl Space
  • Dishwasher

Parking

  • 6 Parking Spaces
  • Carport

Schools

  • Riverbend Elementary School
  • Agnes Stewart Middle School
  • Thurston High School

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number 1398393

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $22,740
  • Gross Income $47,520
  • Net Operating Income $24,780

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1979
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Current Price For Status: 500000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: IndividualStorageUnits,Locked
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: T111Siding,WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: StemWall
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition
  • View: Mountain

Garage/Parking

  • Parking Description: Carport
  • Attached Garage: No
  • Total Parking Spaces: 6.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Riverbend
  • High School: Thurston
  • Middle Or Junior School: Agnes Stewart

Lot Info

  • Zoning: MD
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276.0
  • Parcel #: 1398393

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Year: 2023

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 13.15
  • Annual Gross Income: 47520.0
  • Property Net Operating Income: 24780.0
  • Annual Operating Expense: 22740.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/10/2024 05/10/24 Sold $500,000 -20.0% $153 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $625,000 -- $191 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24222095

Regional Multiple Listing Service (RMLS)
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