Last Sold Price
4,528 sqft$115/sqft
9508 Tilley Rd SW, Olympia, WA 98512

Description

Great investment opportunity! This multifamily 1.3 ac compound is made up of a 2 story duplex, a single story unit, and potential for a 4th single story unit. It feels like you are outside of the hustle & bustle of city life, while being only 10 min away from Tumwater's restaurants and shopping. Each side of the duplex is aprox 1704sqft with kitchen, 1/2 bath, living rm, family rm & lg bonus rm with closet downstairs. Upstairs are 2bedrooms and a full bath. The finished single story unit is aprox...Great investment opportunity! This multifamily 1.3 ac compound is made up of a 2 story duplex, a single story unit, and potential for a 4th single story unit. It feels like you are outside of the hustle & bustle of city life, while being only 10 min away from Tumwater's restaurants and shopping. Each side of the duplex is aprox 1704sqft with kitchen, 1/2 bath, living rm, family rm & lg bonus rm with closet downstairs. Upstairs are 2bedrooms and a full bath. The finished single story unit is aprox 720sqft and has a separate bedroom, living rm, kitchen & 3/4 bath. Onsite you will find apple, pear, peach and plum trees, along with a 30ft RV parking pad with water & electricity, a few covered parking spaces and PLENTY of onsite parking.
LISTING CLOSED: 05/17/2022 12:00 AM

  1. Listed by Lisa Kirk • eXp Realty
    P: (888) 317-5197 misslisakirk@gmail.com

Property Details for 9508 Tilley Road Southwest

Status
MLS #
1911764
Days on Market
7
Cumulative Days on Market
7
Taxes
$3,676 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income
Year Built
1994
Lot Size
1.13 AC / 49,223 SF
Community Name
Olympia
School District
Tumwater
Number of Assigned Spaces
15
Total Covered Parking
0
Offers Review Date
04-11-2022
Entry Date
04-04-2022
Energy Source
Electric,Propane
Sewer
Septic Tank

Recent comparable sales

Median sold price

$514,000

Avg days on market

37

Sale-to-list ratio

97.3%

[Olympia, WA]

9 comparable properties found

a view of a house with yard and sitting area
1/2
1

$450,000

Sold 03/31/26

Unavailable
Bedrooms
Unavailable
Bathrooms
1,768
Square Feet
0.47
Acres
a view of a house with a yard and potted plants
1/19
2

$460,000

Sold 12/13/24

Unavailable
Bedrooms
Unavailable
Bathrooms
1,920
Square Feet
0.43
Acres
$425,000 | 4011 88th Avenue Southwest, Olympia, WA 98512
1/13
3

$425,000

Sold 02/18/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
6.98
Acres
a potted plant sitting in front of a house
1/35
4

$540,000

Sold 10/07/24

Unavailable
Bedrooms
Unavailable
Bathrooms
1,864
Square Feet
0.17
Acres
a view of front of a house with a yard
1/31
5

$550,000

Sold 09/18/24

Unavailable
Bedrooms
Unavailable
Bathrooms
1,552
Square Feet
0.18
Acres
$550,000 | 4720-4722 Carpenter Road Southeast, Olympia, WA 98513
1/20
6

$550,000

Sold 07/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,560
Square Feet
0.26
Acres
a front view of a house with garden
1/29
7

$560,000

Sold 10/21/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,572
Square Feet
0.15
Acres
$514,000 | 3305 Windolph Lane Northwest, Olympia, WA 98502
1/37
8

$514,000

Sold 07/29/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,536
Square Feet
0.38
Acres
a view of outdoor space and yard
1/34
9

$500,000

Sold 07/01/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,560
Square Feet
0.25
Acres

Location

Listing Courtesy of eXp Realty

Sold By Integris Real Estate

Add your commute

Building Information for 9508 Tilley Road Southwest

Stories2Residences3Year Built1994Building Size-Lot Size1.13 AC / 49,223 SF

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$2,949 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,643

Property Taxes

$306

HOA Dues

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Property Information for 9508 Tilley Road Southwest

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Site Features: Cable TV, Fenced-Partially, High Speed Internet, Outbuildings, Propane, RV Parking
  • Area: 454 - Thurston South
  • Elementary School: East Olympia Elem
  • Middle Or Junior School: George Wash Bush Mid
  • Effective Year Built Source: Public Records
  • Directions: From I-5 South -Exit 99 to 93rd Ave SE. Left on 93rd Ave SW, Right on Tilley Rd S, Left in 0.2 miles
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2022
Parking
  • Number of Carport Spaces: 3.0
  • Carport: No
  • Parking Type: RV Parking
  • Open Parking Spaces: 12.0
  • Open Parking: Yes
  • Parking Features: RV Parking
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl, Carpet
  • Features: Wall to Wall Carpet
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Shared Well
  • Water/Sewer/Garbage: 480
  • Power Production Type: Electric, Propane
  • Utilities: Cable Connected, High Speed Internet, Propane_, Septic System, Electric, Propane
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: County
  • Foundation: Poured Concrete
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1994
  • Photos Count: 39
Lot Information
  • Lot Size Source: Realist
  • Parcel Number Free Text: 12723220604
  • Building Condition: Fair
  • Calculated Square Footage: 4528
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4528.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 12
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 3
  • Units Below Grade: false
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 5907.37
  • Gross Adjusted Income: 42900
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $42,900
  • Insurance Expense: $1,751
  • Net Operating Income: $36,512
  • Other Expenses: $0
  • Total Monthly Income: 3575
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4528.0
  • Leasable Area Units: Square Feet

Property History for 9508 Tilley Road Southwest

DateEvent & SourcePriceAppreciation
May 17, 2022

Sold

NWMLS #1911764

$520,000
Apr 26, 2022

Sold (Public Record)

Public Record #1489809805

$520,000

+6.4% / yr

Apr 11, 2022

Pending

NWMLS #1911764

DateEvent & SourcePrice
05/17/2022

Sold

NWMLS #1911764

$520,000
04/26/2022

Sold (Public Record)

Public Record #1489809805

$520,000

+6.4% / yr

04/11/2022

Pending

NWMLS #1911764

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

Public Records for 9508 Tilley Road Southwest

Taxable ValueLand$185,000Additions$394,600Total$579,600
Tax Record2026$182 ($15 / month)
Home Facts
Beds4Baths3.2Total Finished SqFt3,008 SqFtAbove Ground SqFt3,008 SqFtStories2Lot Size49,223 SqFtStyleSingle Family ResidenceYear Built1977Year Renovated1991CountyTHURSTONAPN1272-32-20604Fireplace TypeHas Fireplace

Schools near 9508 Tilley 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 - 11 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 Vocational Skills Center
Public11 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 9508 Tilley Road Southwest, Olympia, WA 98512
$520,000
4,528
49,223
$121,000
374,600
$175,000
3
1,144
16,553
$475,000
1,740
49,223
$475,000
1,740
49,223
$325,000
1,740
49,223

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 eXp Realty

Based on information submitted to the MLS GRID as of 09/05/2024 05:44 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.