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Olympia, WA 98506,4015 16th LN NE
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Olympia, WA 98506,4015 16th LN NE
Olympia, WA 98506,4015 16th LN NE
Olympia, WA 98506,4015 16th LN NE
Olympia, WA 98506,4015 16th LN NE
Niki Shelton
Niki Shelton

Broker | License ID: 120959

+1(360) 710-4742

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Listed by Keller Williams Realty
Bought with BHGRE - Northwest Home Team

$ 1,300,000

$ 1,399,999 7.1%

Est. payment /mo
Sold on 02/07/2025

4015 16th LN NE Olympia, WA 98506

12 Beds

6 Baths

5,742 SqFt

UPDATED:

Key Details

Sold Price $1,300,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,742 sqft

Price per Sqft $226

Subdivision Olympia

MLS Listing ID 2316618

Style 55 - 5-9 Units

Bedrooms 12

Year Built 1986

Annual Tax Amount $13,403

Lot Size 2.000 Acres

Property Description

Investors, take note! This rare opportunity in the heart of Lacey, WA, boasts three duplexes on a sprawling 2-acre lot—a prime location with endless potential. Each unit offers a spacious 2-bedroom, 1-bath, 957 sqft rambler-style layout with an attached 1-car garage, ensuring tenant comfort and convenience. With long-term tenants already in place and significant upside rent potential, this property is a solid investment. Zoned R 4-8, the lot offers exciting development possibilities for future growth. The large yard, private patios, and ample driveway parking add to the property's appeal. Don't miss your chance to own this versatile investment in a high-demand area! Estate Sale. F17 Exempt. Buyer To Verify All Information.

Location

State WA

County Thurston

Area 447 - Olympia North

Interior

Flooring Ceramic Tile, Vinyl, Carpet

Exterior

Exterior Feature Wood

Amenities Available Patio

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Cul-De-Sac, Curbs, Dead End Street, Secluded, Sidewalk

Sewer Septic Tank

Water Public

New Construction No

Schools

Elementary Schools Pleasant Glade Elem

Middle Schools Chinook Mid

High Schools North Thurston High

School District North Thurston

Others

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
agent

Niki Shelton

Broker | License ID: 120959

+1(360) 710-4742

GET MORE INFORMATION

Name
Phone*
Message

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4015 16th LN NE