3411 Stoll Road SE, Olympia, WA 98501

$899,000
2,320
SqFt

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Listing Broker: RE/MAX Parkside Affiliates; Thomas Schrader; 360-480-9387; toms@remax.net

List Price
$899,000
Status
ACTIVE
MLS#
2591909
Days on Market
0
Style
54 - 4-Plex
Building Condition
Good
Finished SqFt
2,320
Area Total SqFt
2320
Annual Tax Ammount
6431
Internet Provider
Buyer
Lot Size (sq ft)
5,227
Sewer
Sewer Connected

Property Description

DESIRABLE 4-PLEX just off Lilly Road in amazing location! 100% occupied with $8,000/mo income! With Washer/Dryer, storage sheds for each unit, One 2 BR unit, fenced rear yard area, parking in front. Remodeled recently. Close to shopping, bus stop and Hwy I-5!

Additional Information

List Date
2026-10-07 21:13:12
Community
Olympia
Net Operating Income
$70,412
Gross Adjusted Income
$82,116
Gross Scheduled Income
$82,116
Total Monthly Income
$7,943
Insurance Expenses
$1,773
Water/Sewer/Garbage Expenses
$3,000
Gross Rent Multiplier
10.95
Total Expenses
$11,704
Cap Rate
7.83
Total Number of Units
4
Unit Name
3411
Potential Terms
Cash, Conventional, VA Loan
Year Built
1968
View
Territorial
Roof
Composition
Site Features
Cable TV, Fenced-Partially, Patio
Electric Expenses
500
Energy Source
Electric
School District
North Thurston
Elementary School
Mountain View Elementary
Middle School
Chinook Mid
High School
North Thurston High
Total Monthly Income
$7,943
Gross Scheduled Income
$82,116
Gross Adjusted Income
$82,116
Tax Year
2026
Insurance Expense
$1,773
W/S/G Expenses
$3,000
Total Expenses
$11,704
Net Operating Income
$70,412
Gross Rent Multiplier
10.95
Cap Rate
7.83
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.
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