3411 Stoll Rd SE

Olympia, WA 98501

$899,000
Price
5
Beds
4
Baths
2,320 Sq. Ft.
$388 / Sq. Ft.
2,320
Sq. Ft.
$388
per Sq. Ft.
a car parked in front of a house
a view of a back yard of the house
a front view of a house with a garden and yard
a backyard of a house with seating space
a view of a house with backyard
a garden view
a view of a backyard with pathway
a kitchen with a refrigerator and countertop
a living room with furniture and a large window
a living room with furniture and a flat screen tv
a bathroom with a sink toilet and shower
a bedroom with a bed and a window
a bed sitting in a bedroom next to a window
a view of entryway and hall with wooden floor
a utility room with dryer and washer
a car parked in front of a house
a view of a house with a car parked in front of it
a view of a cars is parked in front of a house
Listing provided courtesy of Coldwell Banker Evergreen

Description

The highest-earning 4-plex in Thurston County—fully occupied and producing $82,116 in gross annual income. Long-term tenants and zero vacancy make this a standout investment. Three 1-bed/1-bath units and one 2-bed/1-bath, all upgraded with refreshed counters, doors, efficient wall heaters. Coin-op laundry, individual storage sheds, and 7 off-street parking stalls add convenience and value. Located in a high-demand rental corridor just minutes from downtown Olympia, St. Peters Hospital, shopping,...The highest-earning 4-plex in Thurston County—fully occupied and producing $82,116 in gross annual income. Long-term tenants and zero vacancy make this a standout investment. Three 1-bed/1-bath units and one 2-bed/1-bath, all upgraded with refreshed counters, doors, efficient wall heaters. Coin-op laundry, individual storage sheds, and 7 off-street parking stalls add convenience and value. Located in a high-demand rental corridor just minutes from downtown Olympia, St. Peters Hospital, shopping, parks, and bus lines. Owner pays W/S/G; tenants pay power. This property offers exceptional cash flow, income stability, and future potential—ideal for investors seeking strong returns and lasting value - numbers don't get better than this!
  1. Listed by Madison Del Vigo • Coldwell Banker Evergreen

Property Details for 3411 Stoll Road Southeast

Community Name
Olympia
School District
North Thurston
Number of Assigned Spaces
7
Total Covered Parking
0
Entry Date
09-15-2025
Energy Source
Electric
Sewer
Septic Tank
LISTING UPDATED: 12/10/2025 02:48 PM

Property Details for 3411 Stoll Road Southeast

StatusActive
MLS #2433443
Days on Market91
Cumulative Days on Market82
Taxes$3,585 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1968
Lot Size0.12 AC / 5,204 SF
CountyThurston County

Location

Listing Courtesy of Coldwell Banker Evergreen
Add your commute

Building Information for 3411 Stoll Road Southeast

Stories1Residences4Year Built1968Building Size-Lot Size0.12 AC / 5,204 SF

Payment Calculator

$4,741 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,442

Property Taxes

$299

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3411 Stoll Road Southeast

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV, Fenced-Partially
  • Area: 447 - Olympia North
  • Elementary School: Mountain View Elementary
  • Middle Or Junior School: Chinook Mid
  • High School: North Thurston High
  • Effective Year Built Source: Public Records
  • Directions: Off Lilly between Pacific and Martin Way, S on Stoll Rd, 4 plex on L
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 7.0
  • 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: 5
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Laminate, Vinyl
  • Amenities: Coin Op Laundry,Storage
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
  • Security Features: Partially Fenced
Property
Utilities
  • Water/Sewer/Garbage: 3000
  • Power Company: Puget Sound Energy
  • Sewer Company: Septic
  • Water Company: City of Olympia
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Concrete Ribbon
  • Zoning Remarks: Commercial,See Remarks
  • First Right Of Refusal: false
  • Possible Use: Commercial, See Remarks
  • MLS Square Footage Source: Public Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1968
  • Photos Count: 19
Lot Information
  • Lot Details: Dead End Street, Paved, Sidewalk
  • Lot Size Dimensions: 60x103
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 41700800101
  • Building Condition: Average
  • Calculated Square Footage: 2320
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2320.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 7
  • 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: $500
  • Total Expenses: 12358
  • Gross Adjusted Income: 82116
  • Gross Rent Multiplier: 10.95
  • Gross Scheduled Income: $80,916
  • Insurance Expense: $1,773
  • Net Operating Income: $69,758
  • Other Expenses: $3,500
  • Total Monthly Income: 6950
  • 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
  • Rent Unit 1: $1,650.00
  • Bedrooms Unit 1: 1
  • 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: false
  • Rent Unit 2: $1,475.00
  • Bedrooms Unit 2: 1
  • 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: false
  • Rent Unit 3: $1,750.00
  • Bedrooms Unit 3: 1
  • 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: false
  • Rent Unit 4: $1,868.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2320.0

Property History for 3411 Stoll Road Southeast

DateEvent & SourcePriceAppreciation
Sep 15, 2025

Listed (Active)

NWMLS #2433443

$899,000—
Jul 26, 2004

Sold (Public Record)

Public Record #137946148

$200,000—
Jul 26, 2004

Sold

NWMLS #24041010

$200,000—
May 26, 2004

Pending

NWMLS #24041010

—
Mar 29, 2004

Listed (Active)

NWMLS #24041010

$212,500—
DateEvent & SourcePrice
09/15/2025

Listed (Active)

NWMLS #2433443

$899,000
07/26/2004

Sold (Public Record)

Public Record #137946148

$200,000
07/26/2004

Sold

NWMLS #24041010

$200,000
05/26/2004

Pending

NWMLS #24041010

—
03/29/2004

Listed (Active)

NWMLS #24041010

$212,500

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

Public Records for 3411 Stoll Road Southeast

Taxable ValueLand$349,200Additions$321,800Total$671,000
Tax Record2025$7,187 ($599 / month)
Home Facts
Total Finished SqFt2,320 SqFtAbove Ground SqFt2,320 SqFtStories1Lot Size5,227 SqFtStyleMulti-Family Res (5+ Units)Year Built1968Year Renovated1984CountyTHURSTONAPN4170-08-00101Fireplace TypeHas Fireplace

Schools near 3411 Stoll Road Southeast

This home is within North Thurston Public Schools.
Rating
School
Type
Grades
Distance
Pleasant Glade Elementary School
Public - PK to 5
Chinook Middle School
Public - 6 to 8
North Thurston High School
Public - 9 to 12
Ignite Family Academy
Public - K to 8
Rating
School
Distance
Pleasant Glade Elementary School
PublicPK to 5

Chinook Middle School
Public6 to 8

North Thurston 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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More information about 3411 Stoll Road Southeast, Olympia, WA 98501

3411 Stoll Road Southeast is a multi-family home for sale in Olympia, WA 98501. This property was listed for sale on September 15, 2025 by Coldwell Banker Evergreen, it's currently listed at $899,000. It has been on the market for a total of 91 days and was last sold on July 26, 2004. This listing's school district is North Thurston Public Schools. Nearby schools include Pleasant Glade Elementary School, Chinook Middle School and North Thurston High School. 3411 Stoll Road Southeast is a 5-bed, 4-bath, 2,320 sqft multi-family home built in 1968.

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 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 Coldwell Banker Evergreen

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/15/2025 01:47 PM. 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.