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3532 Mary Elder Road NE

Olympia, WA 98506
Square Ft.
7,163
Active
Multifamily
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Listing courtesy of COMPASS
$1,750,000
Exceptional opportunity to own a fully leased 11-unit transitional housing property in the heart of Olympia, generating a strong $148,073 in annual NOI. Spread across three buildings, this triplex-configured asset delivers consistent performance with long-term tenancy and stable returns. Features include shared laundry and ample off-street parking—enhancing tenant retention in… Read MoreRead Less
Listing Snapshot
Cumulative Days On Market
63
Days on Website
63
Last Updated
Property Type
Triplex
Square Ft.
7,163
Lot Size
0.48 Acres
Year Built
1950
MLS Number
NWM2339340
30 Days Snapshot Of 98506
$581k
+5%
(avg) sold price
32
+100%
homes sold
87
+93%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 7163, Building Area Units: Square Feet, Calculated Square Footage: 7163, Elevation Units: Feet, Leasable Area Units: Square Feet, Leasable Area: 7163, Living Area: 0, Number Of Units Total: 10, Stories Total: 2, Structure Type: "Triplex", Units In Building Total: 11, Year Built: 1950, Year Built Effective: 1950
Expenses
Other Expense: 15755
Exterior Features
Exterior Features: "Wood", "Wood Products"
Fireplaces
Fireplaces Total: 0
Floors
Flooring: "Laminate", "Vinyl", "Carpet"
Foundation
Foundation Details: "Poured Concrete"
Home Owner's Association
Association Fee: $0
Income
Net Operating Income: 148073
Interior Features
Interior Features: "Laminate"
Lot
Features: "Paved", 0 acres, 20909 square feet
Parking
Carport Spaces: 0, Covered Spaces: 0, Open Parking Spaces: 8, Parking Total: 8, Parking Uncovered Spaces: 8
Property
Property Condition: "Fair", Site Features: Fenced-Partially, Zoning Description: Multi-Family
Roof
Roof: "Composition"
Sewer
Sewer: "Sewer Connected"
Utilities
Electric Expense: 10936, Fuel Expense: 10936, Power Production Type: "Electric", Water Source: "Public"

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Based on information submitted to the MLS GRID as of , .

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Bill Sauneuf
Bill Sauneuf
360-708-2929
Bill Sauneuf
Real Estate Agent
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Listings are Copyright © Northwest Multiple Listing Service. All Rights Reserved.

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The listings presented here may or may not be listed by Bill Sauneuf. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing.
Listings last updated on ,