Sold
Last Sold Price
2,352 sqft
8923 Armstrong Rd SW, Olympia, WA 98512
Multi FamilyProperty Type
1.27 acresLot Size
1950Year Built
$97/sq ftPrice per sq ft
5 carsParking Spaces

Description

Great investment opportunity to own this duplex with a solid 6% CAP with room for growth. Keep both long-standing tenants or live in one unit and rent the other. Each unit has an open floor plan with good sized kitchens with refrigerators, washers and dryers. Upstairs unit has 3 BR, 1 BA, 1068 sf and a single-car garage. Downstairs unit has 2 BR, 1.75 BA, 1400 sf. and carport. Huge lot to garden, build your dream shop or just stretch out. Close to shopping, I-5 and Tumwater Schools.Great investment opportunity to own this duplex with a solid 6% CAP with room for growth. Keep both long-standing tenants or live in one unit and rent the other. Each unit has an open floor plan with good sized kitchens with refrigerators, washers and dryers. Upstairs unit has 3 BR, 1 BA, 1068 sf and a single-car garage. Downstairs unit has 2 BR, 1.75 BA, 1400 sf. and carport. Huge lot to garden, build your dream shop or just stretch out. Close to shopping, I-5 and Tumwater Schools.
  • Listed by: Matthew Plummer 360.915.9123 Matthew@MVPRealtyGroup.com • MVP Realty Group
Listing closed: 08/21/2014 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 636645

Location

Listing Courtesy of MVP Realty Group

Sold By ZipRealty Inc.

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Property Information for 8923 Armstrong Road Southwest

Property Details
  • Taxes: $2,297 / year
  • MLS Type: Residential Income
  • Community Name: Olympia
  • School District: Tumwater
  • Number of Assigned Spaces: 5
  • Total Covered Parking: 1
  • Entry Date: 05-29-2014
  • Sewer: Septic Tank
Building Information
  • Stories: 2
  • Residences: 2
  • Year Built: 1950
  • Lot Size: 1.27 AC / 55,321 SF
Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Deck, Patio
  • Area: 443 - Tumwater
  • Elementary School: East Olympia Elem
  • Middle Or Junior School: George Wash Bush Mid
  • High School: Tumwater High
  • Directions: Take Exit 101 Tumwater Blvd and head East, turn right on Center St SW, left on 83rd Ave SW, continue onto Armstrong Rd SW.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2014
Parking
  • Number of Carport Spaces: 2.0
  • Carport: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Ceramic Tile, Carpet
  • Features: Forced Air, Ceramic Tile, Wall to Wall Carpet
  • Fireplace: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Community
  • Water/Sewer/Garbage: 0
  • Power Company: PSE
  • Sewer Company: Septic
  • Water Company: Community Well
  • Power Production Type: Electric
  • Utilities: Septic System, Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Block
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Photos Count: 21
Lot Information
  • Parcel Number Free Text: 12715420105
  • Calculated Square Footage: 2352
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2352.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 2
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: true
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 3097
  • Gross Adjusted Income: 17400
  • Gross Rent Multiplier: 14
  • Gross Scheduled Income: $17,400
  • Insurance Expense: $800
  • Net Operating Income: $14,303
  • Other Expenses: $0
  • Total Monthly Income: 1450
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2352.0
  • Leasable Area Units: Square Feet

Property History for 8923 Armstrong Road Southwest

DateEvent & SourcePriceAppreciation
Aug 21, 2014

Sold

NWMLS #636645

$228,600—
Aug 18, 2014

Sold (Public Record)

Public Record #432595973

$228,600—
Jun 27, 2014

Pending

NWMLS #636645

—
DateEvent & SourcePrice
08/21/2014

Sold

NWMLS #636645

$228,600
08/18/2014

Sold (Public Record)

Public Record #432595973

$228,600
06/27/2014

Pending

NWMLS #636645

—

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

Public Records for 8923 Armstrong Road Southwest

Taxable ValueLand$260,000Additions$250,900Total$510,900
Tax Record2026$166 ($14 / month)
Home Facts
Baths2Total Finished SqFt3,204 SqFtAbove Ground SqFt2,136 SqFtFinished Basement SqFt1,068 SqFtStories1Lot Size55,321 SqFtStyleMulti-Family Dwelling (2-4)Year Built1950Year Renovated1986CountyTHURSTONAPN1271-54-20105Fireplace TypeHas Fireplace

Schools near 8923 Armstrong Road Southwest

This home is within Tumwater School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
East Olympia Elementary School
PublicPK to 5

George Washington Bush Middle School
Public6 to 8

Tumwater High School
Public9 to 12

New Market High School
Public10 to 12

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 any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MVP Realty Group

Based on information submitted to the MLS GRID as of 09/05/2024 05:26 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.