1313-1315 10th Avenue Southeast

Olympia, WA 98501

$529,000
Price
4
Beds
3
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Great location and close to everywhere a tenant would want to be! These 2 BR 1.5 bath units feature 1155 sq. ft (per unit), fresh exterior paint, private backyards w/ low maintenance fencing with each unit having their own separated space. Deck w/beautiful brand-new cedar privacy panel. Newer carpet, pad, vinyl, and appliances in one unit. The other unit is the mirror image and offers newer appliances. Both units have brick fireplaces, sliding glass doors that leads onto the deck as well as eat-in...Great location and close to everywhere a tenant would want to be! These 2 BR 1.5 bath units feature 1155 sq. ft (per unit), fresh exterior paint, private backyards w/ low maintenance fencing with each unit having their own separated space. Deck w/beautiful brand-new cedar privacy panel. Newer carpet, pad, vinyl, and appliances in one unit. The other unit is the mirror image and offers newer appliances. Both units have brick fireplaces, sliding glass doors that leads onto the deck as well as eat-in kitchens. Good sized closets in bedrooms. Very functional layout. Carports with additional parking in driveway. Close to I-5. Walking distance to downtown, shops, restaurants, etc. Fantastic rental history. Tenant pays all utilities!
  1. Listed by Karen Thurston • Virgil Adams Real Estate, Inc.

Property Details for 1313-1315 10th Avenue Southeast

Community Name
Olympia
School District
Olympia
Number of Assigned Spaces
4
Total Covered Parking
0
Entry Date
04-24-2024
Energy Source
Electric,Wood
Sewer
Sewer Connected

Location

Listing Courtesy of Virgil Adams Real Estate, Inc.
Add your commute
LISTING UPDATED: 04/25/2024 05:27 PM

Property Details for 1313-1315 10th Avenue Southeast

StatusActive
MLS #2228010
Days on Market10
Cumulative Days on Market10
Taxes$3,895 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1977
Lot Size0.18 AC / 7,750 SF
CountyThurston County

Location

Listing Courtesy of Virgil Adams Real Estate, Inc.
Add your commute

Building Information for 1313-1315 10th Avenue Southeast

Stories2Residences2Year Built1977Building Size-Lot Size0.18 AC / 7,750 SF

Payment Calculator

$3,212 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,887

Property Taxes

$325

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1313-1315 10th Avenue Southeast

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Deck, Fenced-Partially
  • Area: 447 - Olympia North
  • Elementary School: Madison Elem
  • Middle Or Junior School: Reeves Mid
  • High School: Olympia High
  • Directions: From I-5 , take exit 105 towards Port of Olympia, right on Union, left on Eastside, right on 10th to property on right. From downtown Oly, East on 4th, Right on Eastside, Left on 10th to property.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 2.0
  • Carport: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Floor Covering: Vinyl, Carpet
  • Features: Wall to Wall Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: Puget Sound Energy
  • Sewer Company: City of Olympia
  • Water Company: City of Olympia
  • Power Production Type: Electric, Wood
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 29
Lot Information
  • Lot Details: Paved
  • Lot Size Source: County
  • Parcel Number Free Text: 32700500008
  • Calculated Square Footage: 0
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • 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: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 5595
  • Gross Adjusted Income: 27105
  • Gross Rent Multiplier: 16.1
  • Gross Scheduled Income: $32,700
  • Insurance Expense: $1,700
  • Net Operating Income: $27,105
  • Other Expenses: $0
  • Total Monthly Income: 2725
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1313
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1155
  • Rent Unit 1: $1,350.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: 1315
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1155
  • Rent Unit 2: $1,375.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2310.0
  • Leasable Area Units: Square Feet

Property History for 1313-1315 10th Avenue Southeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 1313-1315 10th Avenue Southeast

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

Reeves Middle School
Public6 to 8

Olympia High School
Public9 to 12

Avanti High School
Public9 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.

Similar Homes

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Similar Sold Homes

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1313-1315 10th Avenue Southeast is a multi-family home for sale in Olympia, WA 98501. This property was listed for sale on April 24, 2024 by Virgil Adams Real Estate, Inc., it's currently listed at $529,000. It has been on the market for a total of 10 days and was last sold on August 16, 2013. This listing's school district is Olympia School District. Nearby schools include Madison Elementary School, Reeves Middle School and Olympia High School. 1313-1315 10th Avenue Southeast is a 4-bed, 3-bath, multi-family home built in 1977.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Virgil Adams Real Estate, Inc.

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.