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Real Broker LLC
1110 Irving Street SW Unit #A, Olympia, WA 98512
- $600,000
- 2,176
- SqFt
Listing Broker: NextHome Northwest Group; Michael Barber; ; Selling Office: Virgil Adams Real Estate, Inc..
- Sold Price
- $600,000
- List Price
- $625,000
- Status
- SOLD
- MLS#
- 2423056
- Closing Date
- Oct 21, 2025
- Days on Market
- 21
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 2,176
- Area Total SqFt
- 2176
- Annual Tax Ammount
- 4915
- Internet Provider
- xfinity
- Lot Size (sq ft)
- 11,213
- Sewer
- Sewer Connected
Property Description
Great investment opportunity, well maintained duplex with garage's and additional assigned parking (7 total). Big 11213 sqft lot with low maintenance yards for easy upkeep. Updated Laminate flooring throughout both units keeping maintenance and repair cost down. Many updates in both units. Conveniently located on Tumater Hill with quick access to I-5, HWY 101, JBLM, schools, shopping, and parks. High cap rate with potential for even higher returns. Washer dryer hook ups and tenants provide their own washer and dryers. Unit A is vacant for a great owner occupied opportunity,
Additional Information
- List Date
- 2025-09-30 00:00:00
- Community
- Tumwater Hill
- Net Operating Income
- $40,175
- Gross Adjusted Income
- $50,006
- Gross Scheduled Income
- $50,006
- Total Monthly Income
- $3,800
- Insurance Expenses
- $1,204
- Water/Sewer/Garbage Expenses
- $3,712
- Gross Rent Multiplier
- 12.4
- Total Expenses
- $25,193
- Cap Rate
- 6.3
- Total Number of Units
- 2
- Unit Name
- 1110
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 2001
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Partially, Gas Available, High Speed Internet, Patio
- Other Expenses
- 15362
- Energy Source
- Electric, Natural Gas
- School District
- Tumwater
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $3,800
- Gross Scheduled Income
- $50,006
- Gross Adjusted Income
- $50,006
- Tax Year
- 2024
- Insurance Expense
- $1,204
- W/S/G Expenses
- $3,712
- Total Expenses
- $25,193
- Net Operating Income
- $40,175
- Gross Rent Multiplier
- 12.4
- Cap Rate
- 6.3
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.