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906 908 Adams Street SE Olympia, WA $ 1,050,000
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$ 1,050,000 Get more info
906 908 Adams Street SE
$ 1,050,000
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906 908 Adams Street SE

Olympia, WA, 98501
$ 1,050,000
Baths0.0 Sq 4,776

Monthly Estimate*

$ 6,465

Listed by Olympic Sotheby's Int'l Realty
906 908 Adams Street SE, Olympia, WA 98501 - Image 1
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Studio

Multi-Family Home for sale in Olympia, WA

for $1,050,000. This 4,776 square foot home was built in 1901 on a lot size of 0.3306.

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!

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Multi-Family Active

Price

$ 1,050,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 10,082

Style

5-9 Units

Lot Size

0.3306

Year Built

1901

Town/City

Olympia

County/Region

Thurston

MLS | Web ID

2481889
Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Subject to Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 0
Year Built 1901
View Territorial
Property Subtype Multi Family
Tax Year 2025
County Thurston
Net Operating Income 60263
Insurance Expense 4591
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Olympia
Possible Use Multi-Family Residential
Special Listing Conditions None
Status Active
Directions From Plum head west on Union Ave right on Adams to property on the right
High School Olympia High
City Olympia
Senior Community Y/N N
High School District Olympia
Zoning Description Multi-Family Residential
Number Of Units Total 1
MLS Area 447 - Olympia North
Lot Size Units Square Feet
Lot Size Square Feet 14400
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Buyer To Verify
Tax Annual Amount 10082
Electric Expense 0
Fuel Expense 1307
Middle/Junior High School Buyer To Verify
Property Condition Fair
Public Remarks 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
Leasable Area 4776
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Basement
Water Company City of Olympia
Units Below Grade true
Units In Building Total 9
Water Sewer Garbage 9314
Property Style 55 - 5-9 Units
Cap Rate 0
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Exterior
Exterior Amenities Wood Wood Products
Lot Features Alley Curbs Paved Sidewalk
Water Source Public
Foundation Details Block Slab
Building Area Total 4776
Lot Size Acres 0.3306
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Gas Available High Speed Internet
Parking Uncovered Total 24
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Interior
Flooring Hardwood Vinyl Carpet
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2481889
Street Number 1 906
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* Excluded Features
List By
Jeff Weeks

Listing Agent

Olympic Sotheby's Int'l Realty

Broker

Affordability Calculator

$7,305
Per Month
88%
12%
0%
Monthly Principal & Interest
$6,465
Monthly Property Taxes
$840
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3100290 Elementary School
3100479 Middle School
Olympia High High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/19/2026$1,050,000 Listed Price

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906 908 Adams Street SE, Olympia, WA, 98501 is a Multi-Family Home for sale at $1,050,000 with 4,776 sqft and a lot size of 0.3306. 906 908 Adams Street SE is a studio with 0.0 baths and was built in 1901. The property's zip code is 98501 which is in Olympia, WA

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