1126 Neil St NE

Olympia, WA 98516

$765,000
Price
8
Beds
4
Baths
3,169 Sq. Ft.
$241 / Sq. Ft.
3,169
Sq. Ft.
$241
per Sq. Ft.
Pending Inspection
Pending Inspection
a view of a yard with an outdoor space
a view of an outdoor space and a swimming pool
an aerial view of a house with a swimming pool
a view of street with parked cars
a backyard of a house with lots of green space
a view of a house with a yard
a view of a house with backyard
a utility room with dryer and washer
a kitchen with stainless steel appliances a stove a sink and a refrigerator
a bathroom with a sink toilet and shower
a kitchen with stainless steel appliances granite countertop a white cabinets sink and a refrigerator
a bathroom with a sink a toilet and a bathtub
a kitchen with white cabinets and white appliances
a bathroom with a sink a toilet and a bathtub
a living room with furniture and a flat screen tv
a living room with furniture wooden floor and a window
a aerial view of a house with a yard and a bench
a view of a yard with an outdoor space
a view of a bathtub in a bathroom
an aerial view of a house with a yard
an aerial view of residential houses with outdoor space
Listing provided courtesy of HomeSmart Real Estate Assoc

Description

New roof, decking and upgrade to ridge line vent system. Units 2-4 updated in 2020. Unit 1 updated in 2025. Fully rented with paying tenants. One level building with all units facing a courtyard. No one above or beneath each unit and the utility room separates the walls of each unit. Shared laundry with room in each unit to upgrade and put a W/D in the hallway closet. Two off street parking spaces per unit. Close to shopping, dining and freeways.New roof, decking and upgrade to ridge line vent system. Units 2-4 updated in 2020. Unit 1 updated in 2025. Fully rented with paying tenants. One level building with all units facing a courtyard. No one above or beneath each unit and the utility room separates the walls of each unit. Shared laundry with room in each unit to upgrade and put a W/D in the hallway closet. Two off street parking spaces per unit. Close to shopping, dining and freeways.
  1. Listed by Eboni Allen • HomeSmart Real Estate Assoc

Property Details for 1126 Neil Street Northeast

Community Name
Tanglewilde
School District
North Thurston
Number of Assigned Spaces
8
Total Covered Parking
0
Entry Date
08-22-2025
Energy Source
Electric
Sewer
Septic Tank
LISTING UPDATED: 01/06/2026 01:58 PM

Property Details for 1126 Neil Street Northeast

StatusPending Inspection
MLS #2416244
Days on Market137
Cumulative Days on Market123
Taxes$8,746 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1968
Lot Size0.33 AC / 14,532 SF
CountyThurston County

Location

Listing Courtesy of HomeSmart Real Estate Assoc
Add your commute

Building Information for 1126 Neil Street Northeast

Stories1Residences4Year Built1968Building Size-Lot Size0.33 AC / 14,532 SF

Payment Calculator

$4,457 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,728

Property Taxes

$729

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1126 Neil Street Northeast

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Area: 451 - Hawks Prairie
  • Directions: Head West on Martin Way. Right on Neil Street NE just after Franz Bakery. Easy to miss the turn. Look for uHaul and Trucking School.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 8.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 8
Interior Features
  • Fireplaces Total: 0
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard, Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 4447.48
  • Power Company: Puget Sound Energy
  • Sewer Company: Septic
  • Water Company: Thurston PUD
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: County
  • Foundation: Poured Concrete
  • MLS Square Footage Source: County
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 21
Lot Information
  • Lot Details: Paved
  • Lot Size Source: Assessor
  • Parcel Number Free Text: 61930005000
  • Building Condition: Average
  • Calculated Square Footage: 3169
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3169.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 8
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $558
  • Total Expenses: 19831.17
  • Gross Adjusted Income: 73980
  • Gross Rent Multiplier: 11
  • Gross Scheduled Income: $73,980
  • Insurance Expense: $6,080
  • Net Operating Income: $47,369
  • Other Expenses: $0
  • Total Monthly Income: 6165
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 750
  • Rent Unit 1: $1,500.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 750
  • Rent Unit 2: $1,705.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 750
  • Rent Unit 3: $1,455.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 750
  • Rent Unit 4: $1,505.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3169.0

Property History for 1126 Neil Street Northeast

DateEvent & SourcePriceAppreciation
Jan 6, 2026

Price Change

NWMLS #2416244

$765,000—
Jan 6, 2026

Pending

NWMLS #2416244

—
Nov 30, 2025

Price Change

NWMLS #2416244

$775,000—
Nov 30, 2025

Price Change

NWMLS #2416244

$799,000—
Oct 22, 2025

Price Change

NWMLS #2416244

$814,900—
Aug 29, 2025

Price Change

NWMLS #2416244

$829,999—
Aug 22, 2025

Listed (Active)

NWMLS #2416244

$849,000—
Feb 7, 2020

Sold (Public Record)

Public Record #663154545

$515,000

+12.1% / yr

May 14, 2014

Sold (Public Record)

Public Record #416221578

$267,500—
DateEvent & SourcePrice
01/06/2026

Price Change

NWMLS #2416244

$765,000
01/06/2026

Pending

NWMLS #2416244

—
11/30/2025

Price Change

NWMLS #2416244

$775,000
11/30/2025

Price Change

NWMLS #2416244

$799,000
10/22/2025

Price Change

NWMLS #2416244

$814,900
08/29/2025

Price Change

NWMLS #2416244

$829,999
08/22/2025

Listed (Active)

NWMLS #2416244

$849,000
02/07/2020

Sold (Public Record)

Public Record #663154545

$515,000

+12.1% / yr

05/14/2014

Sold (Public Record)

Public Record #416221578

$267,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1126 Neil Street Northeast

Taxable ValueLand$452,100Additions$340,000Total$792,100
Tax Record2025$8,746 ($729 / month)
Home Facts
Total Finished SqFt3,169 SqFtAbove Ground SqFt3,169 SqFtStories1Lot Size14,375 SqFtStyleMulti-Family Res (5+ Units)Year Built1968Year Renovated1976CountyTHURSTONAPN6193-00-05000Fireplace TypeHas Fireplace

Schools near 1126 Neil Street Northeast

This home is within North Thurston Public Schools.
Rating
School
Type
Grades
Distance
Olympic View Elementary School
Public - K to 5
Nisqually Middle School
Public - 6 to 8
River Ridge High School
Public - 9 to 12
Ignite Family Academy
Public - K to 8
Rating
School
Distance
Olympic View Elementary School
PublicK to 5

Nisqually Middle School
Public6 to 8

River Ridge High School
Public9 to 12

Ignite Family Academy
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HomeSmart Real Estate Assoc

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/19/2026 07:10 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.