Investment Opportunity – 3 Homes on 2+ Acres in West Olympia! Discover a rare income-producing property with development potential in Olympia’s desirable westside. This unique estate at 3225 Cooper Point Rd NW includes three separate rental homes, all currently occupied, providing immediate cash flow for the new owner. Situated on R-4 zoned land (Residential 4 units per acre), the property offers exciting subdivision or redevelopment possibilities like build additional homes, create a small community, or simply enjoy steady rental income from day one. The grounds feature beautiful, marketable timber that adds both natural beauty and potential additional value. This property is located across the street from the Olympia Country & Golf Club.
Active
Listed by:
Richard Beckman,
Richard Beckman Rlty Group LLC
$845,000
3225 Cooper Point Road NW, Olympia, WA 98502
6beds
4baths
2,844sqft
Est.:
Triplex
Built in 1955
-- sqft lot
$817,600 Zestimate®
$297/sqft
$-- HOA
What's special
- 62 days |
- 227 |
- 5 |
Zillow last checked: 8 hours ago
Listing updated: December 22, 2025 at 10:43am
Offers reviewed: Nov 19
Listed by:
Richard Beckman,
Richard Beckman Rlty Group LLC
Source: NWMLS,MLS#: 2450964
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Wall Unit(s), Electric
Cooling
- None
Features
- Flooring: Vinyl Plank, Carpet
- Has fireplace: No
Interior area
- Total structure area: 2,844
- Total interior livable area: 2,844 sqft
Property
Parking
- Total spaces: 10
- Parking features: Open
- Uncovered spaces: 10
Lot
- Size: 2.05 Acres
- Features: Corner Lot, Paved, Secluded
Details
- Parcel number: 09370036001
- Zoning description: Residential,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Wood Siding, Wood Products
- Foundation: Block, Poured Concrete
- Roof: Flat
Condition
- Fair
- Year built: 1955
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank, Company: Septic
- Water: Individual Well, Company: Well
Community & HOA
Community
- Subdivision: Westside
Location
- Region: Olympia
Financial & listing details
- Price per square foot: $297/sqft
- Annual tax amount: $5,660
- Offers reviewed: 11/19/2025
- Date on market: 10/29/2025
- Cumulative days on market: 64 days
- Listing terms: Cash Out,Conventional,FHA,VA Loan
Estimated market value
$817,600
$777,000 - $858,000
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2025 | Listed for sale | $845,000$297/sqft |
Source:  NWMLS #2450964 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$4,992/mo
Principal & interest
$4126
Property taxes
$570
Home insurance
$296
Climate risks
Neighborhood: 98502
Nearby schools
GreatSchools rating
- 4/10Julia Butler Hansen Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 8/10Thurgood Marshall Middle SchoolGrades: 6-8Distance: 1.1 mi
- 8/10Capital High SchoolGrades: 9-12Distance: 2 mi
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