906 908 Adams Street SE, Olympia, WA 98501
- $1,050,000
- 4,776
- SqFt
Listing courtesy of Olympic Sotheby's Int'l Realty.
- List Price
- $1,050,000
- Status
- ACTIVE
- MLS#
- 2481889
- Days on Market
- 158
- Style
- 55 - 5-9 Units
- Building Condition
- Fair
- Finished SqFt
- 4,776
- Area Total SqFt
- 4776
- Annual Tax Ammount
- 10082
- Lot Size (sq ft)
- 14,400
- Sewer
- Sewer Connected
Property Description
Unique Investor or Developer Opportunity in Downtown Olympia! Don't miss this one! Listing includes a duplex and 7-plex on one parcel and a leased parking lot. Under market rents, all tenants on month to month tenancy. Units offer a mix of studios and one-bedrooms. Parking spots lease for $30/mo with over 20 stalls! Close to downtown, waterfront, and shopping. Zoned UR (Urban Residential), allows for high-rise redevelopment or mixed-use opportunities!
/u.realgeeks.media/pnwcasas/PNWCasas_BLK_Logo.jpg){kind=logo}
Additional Information
- List Date
- 2026-02-19 00:58:10
- Community
- Olympia
- Net Operating Income
- $60,263
- Gross Adjusted Income
- $85,557
- Gross Scheduled Income
- $90,060
- Total Monthly Income
- $7,505
- Insurance Expenses
- $4,591
- Water/Sewer/Garbage Expenses
- $9,314
- Total Expenses
- $25,294
- Vacancy Rate
- 5
- Total Number of Units
- 1
- Unit Name
- 906 908
- Potential Terms
- Cash, Conventional
- Year Built
- 1901
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Gas Available, High Speed Internet
- Energy Source
- Electric, Natural Gas
- School District
- Olympia
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Olympia High
- Total Monthly Income
- $7,505
- Gross Scheduled Income
- $90,060
- Vacancy Rate
- 5
- Gross Adjusted Income
- $85,557
- Tax Year
- 2025
- Insurance Expense
- $4,591
- W/S/G Expenses
- $9,314
- Total Expenses
- $25,294
- Net Operating Income
- $60,263
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.