3532 Mary Elder Road NE

Olympia, WA 98506

  • Bed

  • Bath

  • 7163 SqFt

  • 60 DOM

  • Built: 1950

  • Status: Active

$1,750,000

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3532 Mary Elder Road NE

Olympia 98506

$1750000

  • Bed

  • Bath

  • 7163 SqFt

  • 60 DOM

  • Built: 1950

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

Exceptional opportunity to own a fully leased 11-unit transitional housing property in the heart of Olympia, generating a strong $148,073 in annual NOI. Spread across three buildings, this triplex-configured asset delivers consistent performance with long-term tenancy and stable returns. Features include shared laundry and ample off-street parking—enhancing tenant retention in this central location. Residents benefit from close proximity to shopping, dining, and transit. This is an ideal acquisition for impact-focused buyers or investors seeking immediate cash flow and long-term potential. Don’t miss this rare opportunity to own a high-performing asset in one of Olympia’s most accessible neighborhoods.

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