3145 5th Avenue NW Olympia, WA $ 850,000
3145 5th Avenue NW
$ 850,000
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3145 5th Avenue NW

Olympia, WA, 98502
$ 850,000
Baths0.0 Sq 2,992

Monthly Estimate*

$ 5,234

Listed by Pacific Residential Brokers
3145 5th Avenue NW, Olympia, WA 98502 - Image 1
3145 5th Avenue NW, Olympia, WA 98502 - Image 2
3145 5th Avenue NW, Olympia, WA 98502 - Image 3
3145 5th Avenue NW, Olympia, WA 98502 - Image 4
3145 5th Avenue NW, Olympia, WA 98502 - Image 5
3145 5th Avenue NW, Olympia, WA 98502 - Image 6
Studio

Multi-Family Home for sale in Olympia, WA

for $850,000. This 2,992 square foot home was built in 2006 on a lot size of 0.2034.

Solid investment opportunity in West Olympia! This fully occupied duplex features two spacious 3BD/2.5BA units with strong rental income. Solid 4.12% cap rate makes this an attractive addition to any investment portfolio. Both units tenant occupied — please do not disturb tenants. Showings following accepted offer. Investment financing available (contact listing broker for details). Call or text listing broker at 253-797-0511 for showings or general inquiries.

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Multi-Family Active

Price

$ 850,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 8,968

Style

Duplex

Lot Size

0.2034

Year Built

2006

Town/City

Olympia

County/Region

Thurston

MLS | Web ID

2513663

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Composition
HOA Fee 3360
Garage Spaces 1
Year Built 2006
Property Subtype Multi Family
Tax Year 2026
Assoc Fee Paid Per Annually
County Thurston
Net Operating Income 35048
Insurance Expense 2500
New Construction N
Property Type Residential Income
HOA Y
Subdivision Name Cooper Point
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From the US 101 N take the Mud Bay exit continue on Harrison AVE NW. Drive on to 5th AVE NW.
City Olympia
Senior Community Y/N N
High School District Olympia
Zoning Description Multi-Family
Number Of Units Total 2
MLS Area 444 - Olympia Westside
Lot Size Units Square Feet
Lot Size Square Feet 8862
Carport Spaces 0
Carport Y/N N
Listing Terms Conventional FHA VA Loan
Tax Annual Amount 8968
Electric Expense 2664
Fuel Expense 1100
Public Remarks Solid investment opportunity in West Olympia! This fully occupied duplex features two spacious 3BD/2.5BA units with strong rental income. Solid 4.12% cap rate makes this an attractive addition to any
Leasable Area 2922
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 2400
Property Style 52 - Duplex
Cap Rate 4.12
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Exterior
Exterior Amenities Wood
Total Parking 4
Building Area Total 2992
Lot Size Acres 0.2034
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Parking Uncovered Total 2
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Interior
Total Fireplaces 0
Total Stories 2
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 NWM2513663
Street Number 1 3145
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* Excluded Features
List By
Angad Mahal

Listing Agent

Pacific Residential Brokers

Broker

Affordability Calculator

$5,981
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,234
Monthly Property Taxes
$747
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
258425 Elementary School
257277 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/26/2026$850,000 Listed Price

Map


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3145 5th Avenue NW, Olympia, WA, 98502 is a Multi-Family Home for sale at $850,000 with 2,992 sqft and a lot size of 0.2034. 3145 5th Avenue NW is a studio with 0.0 baths and was built in 2006. The property's zip code is 98502 which is in Olympia, WA