Well-maintained triplex offering strong in-place performance and upside in a convenient Olympia location. Each of the three units features a 2-bedroom, 1-bath layout, with two units thoughtfully renovated to enhance comfort and efficiency. The property has benefited from strategic improvements that have increased overall performance by approximately 17%, creating a solid investment opportunity. All units are equipped with their own mini-split heat pumps for efficient heating and cooling, along with supplemental wall heaters. The upstairs unit is slightly larger and occupied by a long-term tenant, providing reliable rental history. A divided backyard offers private outdoor space for tenants. Additional income is generated through on-site coin-operated laundry. Parking is plentiful with six dedicated spaces, including three covered carport stalls. No HOA dues to impact cash flow or operations. Check out the virtual tour to see a different unit! Ideally suited for investors seeking a solid asset with modern updates, reliable tenancy, and room to continue optimizing returns.
Listing Provided Courtesy of Marti Baker, MVP Realty Group
General Information
NWM2468139
Multi Family
0
DOM
0.64 acres
2680
1986
Multi-F
Thurston
Buyer To Verify
Buyer To Verify
Buyer To Verify
Residential Incom
Multi Family
Listing Provided Courtesy of Marti Baker, MVP Realty Group
Krishna Realty data last checked: Jan 15, 2026 13:35 | Listing last modified Jan 15, 2026 18:46,
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Residence Information
2680
Composition
53 - Tri-plex
1986
Poured Concrete
Coin Op Laundry, Stor
Features and Utilities
Wood, Wood Products
Public
Septic Tank
0
Financial
7021.76
Cash Out, Conventional, FHA, VA Loan
01-15-2026
Comparable Information
0
0
Cash Out, Conventional, FHA, VA Loan
$725,000
$725,000
Jan 15, 2026 18:46
Schools
Elementary : Buyer To VerifyN/ARatings Middle : Buyer To Verify N/ARatings High : Buyer To VerifyN/ARatings
Well-maintained triplex offering strong in-place performance and upside in a convenient Olympia location. Each of the three units features a 2-bedroom, 1-bath layout, with two units thoughtfully renovated to enhance comfort and efficiency. The property has benefited from strategic improvements that have increased overall performance by approximately 17%, creating a solid investment opportunity. All units are equipped with their own mini-split heat pumps for efficient heating and cooling, along with supplemental wall heaters. The upstairs unit is slightly larger and occupied by a long-term tenant, providing reliable rental history. A divided backyard offers private outdoor space for tenants. Additional income is generated through on-site coin-operated laundry. Parking is plentiful with six dedicated spaces, including three covered carport stalls. No HOA dues to impact cash flow or operations. Check out the virtual tour to see a different unit! Ideally suited for investors seeking a solid asset with modern updates, reliable tenancy, and room to continue optimizing returns.