27 days on rocket

915 Capitol Way S, Olympia, WA, 98501

$4,350,000

0 Baths
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Year Built1929
ViewTerritorial
MLS #2218285
Lot Size0.34 Acres
StatusActive

About 915 Capitol Way S

We are pleased to present this Downtown Olympia multi-family portfolio as available for sale for the first time in 20+ years. The offering consists of 2 contiguous properties - Olympia Court Apartments and The Anderson House. There are 34 Total Units, including (19) Studios, (12) 1 bed/1 bath units, (1) 2 bed/1 bath unit and (2) retail storefronts with frontage on popular Capitol Way South. Properties have been locally owned, operated and meticulously maintained for 20+ years. Just steps to the Capital Campus, tenants enjoy outstanding walkability to restaurants, shops, entertainment and necessities. Extremely high historic occupancy with significant upside potential via rent increases and utility charges.

Property Details

Property Features

Property Information:

  • Year Built: 1929
  • Stories: 2

Listing Office:

  • Office Name: Urban Commercial Partners, LLC
  • Listing Agent: Pat Suarez

Interior Features

Interior Information:

  • Flooring Type: Vinyl, Carpet
  • Interior: Wall to Wall Carpet

Exterior Features

Exterior Information:

  • View: Territorial
  • Exterior: Wood

Lot Features

Lot Information:

  • Lot Size: 0.34 Acres

School Info

Assigned Schools Information:

  • Washington Middle School, Public District Grades 6-8
  • Lincoln Elementary School, Public District Grades KG-5
  • Olympia Regional Learning Academy B, Public District Grades KG-5

Other

Directions Information:

  • Directions: From I-5, Take Exit 105 to State Capital. Turn Right on Capital Way South. Property on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,350,000

Tax Information:

  • Annual Amount: $22,847
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Olympia, WA.

Med. Sold Price

$545.3K

Med. Price/SqFt

$289

Avg. Days On Market

42

# of Sold Homes

100

915 Capitol Way S vs Olympia

27 DAYS ON ROCKET

-15 Days

$4,350,000

+$3.8M More

KEY TAKEAWAY

This property is $3.8M more than the Median Sold Price in Olympia, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2218285

Listing Office:

  • Office Name: Urban Commercial Partners, LLC
  • Listing Agent: Pat Suarez

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

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.

IDXThe data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site 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. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 2:47:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 12, 2004Home Sold
$1,635,000

Tax History

YEARPROP. TAXASSESSMENT
2020$22,847$1,772,200
2019$10,271$1,250,200
2018$15,882$836,900
2017$17,704$1,180,000

History based on county public records data.

Payment Calculator

$21.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$13.1K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4072904
6
/10
  • Lincoln Elementary School

  • 213 21st Ave SE

  • 0.80 miles

  • Public District Grades KG-5

school-card-donut-4072905
7
/10
  • Olympia Regional Learning Academy B

  • 2001 26th Ave NW

  • 2.39 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4072906
8
/10
  • Washington Middle School

  • 3100 Cain Rd SE

  • 2.03 miles

  • Public District Grades 6-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,711. Most Olympia, WA residents have annual incomes less than $35k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 915 Capitol Way S

What is the listing price of this property?

The listing price of 915 Capitol Way S property is $4,350,000.

What type of property is this?

The property 915 Capitol Way S is a house located in Olympia, Washington, 98501.

Is this property for sale now?

Active Listing: 915 Capitol Way S is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 915 Capitol Way S are:
Lincoln Elementary School: GreatSchools Rating 6/10
Olympia Regional Learning Academy B: GreatSchools Rating 7/10
Washington Middle School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $22,847 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 12, 2004 for $1,635,000. (source: MLS/tax record).

What is the square footage of this property?

The sq. ft. of 915 Capitol Way S is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 915 Capitol Way S is 1929.
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Rocket Homes›Washington›Thurston County›Olympia›98501›915 Capitol Way S

This home is located at 915 Capitol Way S in Olympia, WA and zip code 98501 in the Olympia Downtown neighborhood. This home, which was built in 1929, sits on a 0.34 acre lot. It has been listed on Rocket Homes since April 03, 2024 and is currently priced at $4,350,000.

In March 2024 more than 30 listings in Olympia, WA were sold above the asking price. During the same period more than 39 listings were sold at asking price, while more than 31 were sold below. The number of listings in Olympia, WA increased by 10.5% between February 2024 and March 2024. In March 2024 median list price was $545,358 and the average listing age was 42 days.

From Rocket Homes Real Estate and based on county public records data.

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