806 808 Adams Street SE, Olympia, WA 98501 (MLS # 2275691)
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Listing provided courtesy of Northwest MLS; Olympic Sotheby's Int'l Realty, sold by eXp Realty
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Investor Alert! Exceptional opportunity to own this 5-unit multifamily property in the heart of downtown Olympia. Rents are significantly below market presenting good upside potential for the savvy investor. The property consists of two spacious 1-bed units (620+- sq ft each), two compact 1-bed units (300+- sq ft each), and one cozy studio (200+- sq ft). Coin op laundry on site. 2-car garage off the alley has been utilized by the owner but could be converted to tenant storage for added income. All units are individually metered and are connected to city utilities. Close to restaurants, shopping, parks & more. Don't miss out on this chance to capitalize on Olympia's growing rental market. Opportunity knocks!
| LAST UPDATED | 10/18/2024 | TRACT | Olympia |
|---|---|---|---|
| YEAR BUILT | 1936 | COMMUNITY | Olympia |
| COUNTY | Thurston | STATUS | Sold |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Buyer To Verify |
|---|---|
| Jr. High School | Wash Mid |
| High School | Olympia High |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 447 - Olympia North |
| CONSTRUCTION | Wood Siding |
| HEAT | Baseboard, Electric |
| INTERIOR | Wall to Wall Carpet |
| LOT | 5998 sq ft |
| LOT DESCRIPTION | Alley, Curbs, Paved, Sidewalk |
| MLS STATUS | Sold |
| STORIES | 1 |
| STYLE | 55 - 5-9 Units |
| SUBDIVISION | Olympia |
| TAXES | 4872 |
| UTILITIES | Cable Available, Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Territorial |
| WATER | Public |
TOTAL MONTHLY PAYMENT
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Properties with the 
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 5/9/25 8:03 AM 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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