Active
  • Listed by: 

    Lisa Le,

    COMPASS,

    Marius ion,

    COMPASS

    $1,750,000

    3532 Mary Elder Road NE, Olympia, WA 98506

    20beds
    10baths
    7,163sqft
    : 
    Triplex
    Built in 1950
    -- sqft lot
    $1,669,200 Zestimate®
    $244/sqft
    $-- HOA

    What's special

    Ample off-street parkingShared laundry
    Exceptional opportunity to own a fully leased 11-unit transitional housing property in the heart of Olympia, generating a strong $148,073 in annual NOI. Spread across three buildings, this triplex-configured asset delivers consistent performance with long-term tenancy and stable returns. Features include shared laundry and ample off-street parking—enhancing tenant retention in this central location. Residents benefit from close proximity to shopping, dining, and transit. This is an ideal acquisition for impact-focused buyers or investors seeking immediate cash flow and long-term potential. Don’t miss this rare opportunity to own a high-performing asset in one of Olympia’s most accessible neighborhoods.
    217 days
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    251
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