333 Division Street NW, Olympia, WA 98502 (MLS # 2164199)
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Listing provided courtesy of Northwest MLS; The Foundation Group LLC, sold by The Foundation Group LLC
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Price reduction - current cap rate of 6.52% trending to 8.81%. Olympia Portfolio: value-add 15-unit in NW Olympia. Proximity to Capital Mall for retail, groceries, and dining. Well-connected to transportation. 7 contiguous parcels - four townhomes (built 2007, 2009), single-family home (1934), 6-unit apartment with standalone retail (1947), single parcel containing a house, cottage and converted garage unit (1935). Nearby to parks and Evergreen State College. Thoughtfully maintained with high curb appeal. Fully occupied, potential for rent increases and interior renovations. Parcels offer flexibility and significant value-add component.
| LAST UPDATED | 4/29/2024 | TRACT | Westside |
|---|---|---|---|
| YEAR BUILT | 1935 | COMMUNITY | Westside |
| COUNTY | Thurston | STATUS | Sold |
| PROPERTY TYPE(S) | Multi Family |
| School District | Olympia |
|---|
| PRICE HISTORY | |
| Prior to Jan 30, '24 | $2,800,000 |
|---|---|
| Jan 30, '24 - Today | $2,550,000 |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 444 - Olympia Westside |
| HEAT | Baseboard, Electric |
| INTERIOR | Wall to Wall Carpet |
| LOT | 0.8095 acre(s) |
| LOT DESCRIPTION | Corner Lot, Sidewalk |
| MLS STATUS | Sold |
| STORIES | 1 |
| STYLE | 56 - 10+ Units |
| SUBDIVISION | Westside |
| TAXES | 21732 |
| UTILITIES | Sewer Connected |
| WATER | Public |
TOTAL MONTHLY PAYMENT
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icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/11/25 1:38 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. 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.
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