2621 Otis St SE $420,000

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    2621 Otis St SE Olympia, WA 98501

    • 0 Beds
    • 0 Baths
    • 2,748 sq.ft.
    • Multi-Family
    Listing# 1491187
    SOLD 11/19/2019

    $420,000

    Days On Market: 12 35 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
      • Zoning Code Multi-Family
      • County Thurston
      • Lot Details Dead End Street, Paved Street, Sidewalk
      • Lot Square Footage 10,292
      • Number of Stories 2
      • Number of Units 2
      • 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 2,748
      • Floor Covering Hardwood, Laminate Hardwood, Wall to Wall Carpet
      • Foundation Poured Concrete
    • Financials
      • Total Monthly Income $2,285
      • Net Operating Income $27,420
      • Gross Scheduled Income $31,320
      • Gross Adjusted Income $31,320
      • Total Expenses $3,900
      • Other Expenses $0
      • Insurance Expenses $986
      • Expenses $3,900
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 14
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $2,914
      • 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

    Neighborhood

    98501 (Olympia) Demographics

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

    Market Last 30 Days

    $361,256 Median Sales Price
    68 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        11/19/2019 12:00:00 AM Sold Source New Value: $420,000
        10/1/2019 7:51:27 PM Status Changed Source New Value: Pending

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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.