2605 Otis St SE $428,900


    2605 Otis St SE Olympia, WA 98501

    • 0 Beds
    • 0 Baths
    • 2,725 sq.ft.
    • Multi-Family
    Listing# 1491193 | Pending
    Days On Market: 123 19 Views
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    Property Details

    Great Investment Opportunity! Spacious updated duplex, each unit three bedrooms and 1.5 bath. Backed by a beautiful wooded ravine. One car garage per unit, lots of storage, quite neighborhood, and conveniently located in the Carlyon District. Property offers a daylight basement, update electrical panel, A/C, and vaulted ceilings. Single owner for the last 29 years and very well maintained. Two neighboring duplexes also for sale.

    • General Features
      • County Thurston
      • County Thurston
      • Lot Details Dead End Street, Paved Street, Sidewalk
      • Lot Square Footage 10,268
      • Number of Stories 2
      • Number of Units 2
      • Selling Office Commission 2.5
      • Site Features Cable TV, Deck, Gas Available, High Speed Internet
      • Style 52-Duplex
      • View Territorial
      • Year Built 1960
    • Building Features
      • Roof Torch Down
      • Exterior Stone, Wood
      • Amenities Basement, Thermal Windows
      • Approx SqFt 2,725
      • Floor Covering Hardwood, Laminate Hardwood, Wall to Wall Carpet
    • Financials
      • Total Monthly Income $2,245
      • Net Operating Income $23,054
      • Gross Scheduled Income $26,940
      • Gross Adjusted Income $26,940
      • Total Expenses $3,886
      • Other Expenses $0
      • Insurance Expenses $986
      • Expenses $3,886
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 16
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $2,900
      • Energy Source Electric
      • Heating and Cooling Central A/C, Forced Air, Heat Pump
      • Water Company city of olympia
      • Sewer Company Sewer Connected
    • Schools
      • School District Olympia
      • Senior High Olympia High
      • Junior High Wash Mid
      • Elementary School Lincoln Elem



    98501 (Olympia) Demographics

    40Median Age
    1,202Population Density (per sq. mile)
    54%College Educated
    $67,060 Estimated Median Income
    9,847Estimated Total Home Owners
    7,110Estimated Total Renters
    58% / 42%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    41,415Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $387,500 Median Sales Price
    58 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $428,900
        10/1/2019 7:51:27 PM Status Changed Source New Value: Pending
        7/26/2019 11:11:15 AM Status Changed Source New Value: Active
        7/23/2019 5:11:05 PM Status Changed Source New Value: Pending
        7/17/2019 9:41:00 AM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.