• 8 days on site
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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.

Listed by:

Urban Commercial Partners, LLC

Source: NWMLS, MLS#: NWM2218285

  • Property Type
    ResidentialIncome
  • Lot
    0.34 Acres

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Bruce Batson
  • Median Age
    39
  • Population Density
    1,220
  • College Educated
    55%
  • Estimated Median Monthly Income
    $78,324
  • Estimated Total Home Owners
    10,333
  • Estimated Total Renters
    7,364
  • Owner / Renter Divide
    58% / 42%
  • Estimated Average Household Size
    2
  • Total Population
    43,584
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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*Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Life at 915 Capitol Way S


Schools

5
Centennial Elementary
  • Grades: PK-5
  • Public
4
East Olympia Elementary
  • Grades: KG-5
  • Public
2
Lincoln Elementary School
  • Grades: KG-5
  • Public
3
Madison Elementary School
  • Grades: PK-5
  • Public
4
McKenny Elementary
  • Grades: PK-5
  • Public
3
Olympia Regional Learning Academy B
  • Grades: PK-8
  • Public
3
Peter G Schmidt Elementary
  • Grades: KG-5
  • Public
5
Pioneer Elementary School
  • Grades: PK-5
  • Public
1
Washington Connections Academy
  • Grades: KG-8
  • Public
3
Olympia Regional Learning Academy B
  • Grades: PK-8
  • Public
1
Washington Connections Academy
  • Grades: KG-8
  • Public
5
Washington Middle School
  • Grades: 6-8
  • Public
4
Avanti High School
  • Grades: 9-12
  • Public
5
Olympia High School
  • Grades: 9-12
  • Public
4
Tumwater High School
  • Grades: 9-12
  • Public
School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

History

Date Event Value Agent
4/3/2024Source: NWMLS Added to Database
April 03, 2024
8/4/2022Source: NWMLS Added to Database
June 01, 2021