2515 Mitchell Avenue NE, Olympia, WA 98506
- $932,000
- 3,312
- SqFt
Listing courtesy of Olympic Sotheby's Int'l Realty. Selling Office: eXp Realty.
- Sold Price
- $932,000
- List Price
- $1,000,000
- Status
- SOLD
- MLS#
- 2447858
- Closing Date
- Mar 18, 2026
- Days on Market
- 101
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 3,312
- Area Total SqFt
- 3312
- Annual Tax Ammount
- 7996
- Internet Provider
- Comcast
- Lot Size (sq ft)
- 20,250
- Sewer
- Septic Tank
Property Description
Attention Investors!! Well maintained 4-plex, 2 duplexes, in a great location with a 7.4 cap rate! All 4 units have the same layout and are 2 bedroom, 1 bathroom, 830+/- sqft with one car garages and large fenced back yards. Tenants pay water & garbage and the sewer is on septic so no monthly bills for the owner. Close to all amenities and located on a dead end street.
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Additional Information
- List Date
- 2025-12-07 00:00:00
- Community
- Bigelow
- Gross Scheduled Income
- $7,200
- Total Monthly Income
- $7,200
- Insurance Expenses
- $4,200
- Total Expenses
- $12,196
- Cap Rate
- 7.4
- Total Number of Units
- 4
- Unit Name
- 2515
- Potential Terms
- Cash, Conventional
- Year Built
- 1971
- Roof
- Composition, Metal
- Site Features
- Cable TV, Fenced-Fully, High Speed Internet, Patio
- Energy Source
- Electric
- School District
- Olympia
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $7,200
- Gross Scheduled Income
- $7,200
- Tax Year
- 2025
- Insurance Expense
- $4,200
- Total Expenses
- $12,196
- Cap Rate
- 7.4
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.