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210 Bethel Street NE Olympia, WA $ 5,100,000
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$ 5,100,000 Get more info
210 Bethel Street NE
$ 5,100,000
Back to search
Share Save

210 Bethel Street NE

Olympia, WA, 98506
$ 5,100,000
Baths0.0 Sq 18,088

Monthly Estimate*

$ 31,817

Listed by Highmark Partners
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Studio

Multi-Family Home for sale in Olympia, WA

for $5,100,000. This 18,088 square foot home was built in 1970 on a lot size of 0.6029.

Introducing STATESIDE FLATS located at 210 Bethel St NE, Olympia, WA 98506. 27 units with 32 parking stalls, offering a lucrative investment listed at $5.3 million. Conveniently situated just blocks from downtown Olympia and the state capitol, residents enjoy easy access to transit and major roadways for seamless commuting. With a current cap rate of 6.31%, there is ample potential for a new owner to capitalize on rental upside. The property underwent significant renovations over the past three years, totaling approximately $600,000, including interior updates such as new flooring and cabinets, alongside exterior enhancements like new siding, roof replacement, and landscaping upgrades. *Disclosure Broker is part of the ownership group

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Multi-Family Active

Price

$ 5,100,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 34,143

Style

10+ Units

Lot Size

0.6029

Year Built

1970

Town/City

Olympia

County/Region

Thurston

MLS | Web ID

2272921
Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Flat
HOA Fee 0
Year Built 1970
Property Subtype Multi Family
Tax Year 2024
County Thurston
Net Operating Income 334647
Insurance Expense 8800
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Capital Campus
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions Follow I-5 S to Pacific Ave SE in Olympia. Take exit 107 from I-5 S Continue on Pacific Ave SE to your destination
City Olympia
Senior Community Y/N N
High School District Olympia
Zoning Description Multi-Family
Open Parking Spaces 32
Number Of Units Total 0
MLS Area 447 - Olympia North
Lot Size Units Square Feet
Lot Size Square Feet 26261
Carport Spaces 0
Carport Y/N N
Listing Terms See Remarks
Tax Annual Amount 34143
Electric Expense 8983
Fuel Expense 0
Property Condition Updated/Remodeled
Public Remarks Introducing STATESIDE FLATS located at 210 Bethel St NE Olympia WA 98506. 27 units with 32 parking stalls offering a lucrative investment listed at $5.3 million. Conveniently situated just blocks fro
Leasable Area 18088
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry
Units Below Grade false
Units In Building Total 27
Water Sewer Garbage 20000
Property Style 56 - 10+ Units
Cap Rate 6.31
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Exterior
Exterior Amenities Wood Products
Lot Features Corner Lot
Total Parking 32
Foundation Details Block
Building Area Total 18088
Lot Size Acres 0.6029
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 32
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Interior
Flooring Vinyl Plank
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2272921
Street Number 1 210
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* Excluded Features
List By
Justin Kraft

Listing Agent

Highmark Partners

Broker

Affordability Calculator

$34,663
Per Month
92%
8%
0%
Monthly Principal & Interest
$31,817
Monthly Property Taxes
$2,845
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258425 Elementary School
257277 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/21/2025$5,100,000 -3.77% Price Down
10/8/2025$5,300,000 Listed Price

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210 Bethel Street NE, Olympia, WA, 98506 is a Multi-Family Home for sale at $5,100,000 with 18,088 sqft and a lot size of 0.6029. 210 Bethel Street NE is a studio with 0.0 baths and was built in 1970. The property's zip code is 98506 which is in Olympia, WA

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