536 14th Avenue Southeast
536 14th Avenue Southeast
Olympia, WA 98501
$680,000
Price
3
Beds
3
Baths
2,088 Sq. Ft.
$326 / Sq. Ft.
2,088
Sq. Ft.
$326
per Sq. Ft.
Listing provided courtesy of Virgil Adams Real Estate, Inc.
Description
Check out this triplex in the ultra-popular South Capitol neighborhood with long-term tenants! Handsome curb appeal on a corner lot. Covered porch. Conveniently located to state office buildings, downtown shops, and freeway access. Vinyl windows. Separately metered electricity paid for by the tenants. The owner pays water and sewer. Shared laundry area plus additional unit storage. Lots of elements of Old World charm!Check out this triplex in the ultra-popular South Capitol neighborhood with long-term tenants! Handsome curb appeal on a corner lot. Covered porch. Conveniently located to state office buildings, downtown shops, and freeway access. Vinyl windows. Separately metered electricity paid for by the tenants. The owner pays water and sewer. Shared laundry area plus additional unit storage. Lots of elements of Old World charm!
Property Details for 536 14th Avenue Southeast
Community Name
Capital Campus
School DistrictOlympia
Number of Assigned Spaces0
Total Covered Parking0
Entry Date05-09-2024
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Virgil Adams Real Estate, Inc.![]()
Add your commute
LISTING UPDATED: 05/20/2024 01:39 PM
Property Details for 536 14th Avenue Southeast
| Status | Active |
|---|---|
| MLS # | 2234800 |
| Days on Market | 11 |
| Cumulative Days on Market | 11 |
| Taxes | $5,132 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1912 |
| Lot Size | 0.11 AC / 5,005 SF |
| County | Thurston County |
Location
Listing Courtesy of Virgil Adams Real Estate, Inc.![]()
Add your commute
Building Information for 536 14th Avenue Southeast
Stories2Residences3Year Built1912Building Size-Lot Size0.11 AC / 5,005 SF
Payment Calculator
$4,139 per month
30 year fixed, 7.25% Interest
Principal and Interest
$3,711
Property Taxes
$428
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 536 14th Avenue Southeast
Summary
Location and General Information
- Style: 53 - Tri-plex
- Site Features: Cable TV, High Speed Internet
- Area: 447 - Olympia North
- Elementary School: Lincoln Elementary
- Middle Or Junior School: Wash Mid
- High School: Olympia High
- Directions: South on Jefferson from Union, go 180 degrees through roundabout to right on 14th to home on left.
- 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: 0.0
- Open Parking: No
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: 0
Interior Features
- Fireplaces Total: 0
- Floor Covering: Hardwood, Vinyl, Carpet
- Features: Hardwood, Wall to Wall Carpet
- Amenities: Storage
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Baseboard
- FIRPTA: No
Exterior Features
- Exterior: Wood
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 3150
- Power Company: PSE
- Sewer Company: City of Olympia
- Water Company: City of Olympia
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- Zoning Class: Multi-Family,Residential
- First Right Of Refusal: false
- Possible Use: Multi-Family, Residential
- MLS Square Footage Source: Assessor
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 23
Lot Information
- Lot Details: Corner Lot, Dead End Street, Paved, Sidewalk
- Lot Size Source: Assessor
- Parcel Number Free Text: 68300200900
- Building Condition: Very Good
- Calculated Square Footage: 2088
- Structure Type: Triplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 2088.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 0
- 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: $420
- Total Expenses: 12937
- Gross Adjusted Income: 46200
- Gross Rent Multiplier: 14.72
- Gross Scheduled Income: $46,200
- Insurance Expense: $2,935
- Net Operating Income: $33,263
- Other Expenses: $1,300
- Total Monthly Income: 3850
- Fuel Expense: $0
Unit 1
- Name Unit 1: A
- Washer/Dryer Unit 1: false
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Square Feet Unit 1: 300
- Rent Unit 1: $900.00
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: B
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Square Feet Unit 2: 800
- Rent Unit 2: $1,350.00
- Bedrooms Unit 2: 1
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: C
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Square Feet Unit 3: 1000
- Rent Unit 3: $1,600.00
- Bedrooms Unit 3: 2
- Bathrooms Unit 3: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 2088.0
- Leasable Area Units: Square Feet
Property History for 536 14th Avenue Southeast
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 536 14th Avenue Southeast
Taxable ValueLand$208,300Additions$226,200Total$434,500
Tax Record2023$4,336 ($361 / month)
Home Facts
Baths3Total Finished SqFt2,088 SqFtAbove Ground SqFt2,088 SqFtStories2Lot Size4,792 SqFtStyleTriplexYear Built1912Year Renovated1974CountyTHURSTONAPN6830-02-00900Fireplace TypeHas Fireplace
Schools near 536 14th Avenue Southeast
This home is within Olympia School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Lincoln Elementary School PublicK to 5 | ||
Washington 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.
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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 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.