1103 Creekwood Ct SE - Multi-Family FOR SALE


Olympia, WA 98501- South Olympia
$959,000 USD
360-970-8954
1103 Creekwood Ct SE, Olympia, WA for Sale
$959,000 USD
Multi-Family - FOR SALE
1/14
null | 4.37% Cap Rate

1103 Creekwood Ct SE
Olympia, WA 98501
South Olympia


HIGHLIGHTS

  • Olympia School District
  • Individual 1-car garage for each unit
  • In-unit washer and dryer

OVERVIEW

Fully rented 4-plex in the Olympia School District. Each unit includes its own garage and in-unit washer and dryer, a rare combination that adds convenience and long-term appeal. Three of the four units have been beautifully remodeled top to bottom with updated kitchens, new flooring, and modern finishes. Major exterior updates include new concrete plank siding, newer roof, and windows, ensuring lower maintenance and long-term durability. Located minutes from parks, schools, and shopping, this well-maintained property attracts strong tenant demand. Reliable rental history, desirable unit features, and potential for increased rents make this a smart addition to any portfolio. A solid opportunity for new and seasoned investors.

FOR SALE DETAILS

PRICE

$959,000 USD

PRICE/SF

$265 USD /SF

# OF UNITS

4

PRICE/UNIT

$239,750

CAP RATE

4.37%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Creekwood Ct 4-Plex

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1992

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

RM-18

APN/PARCEL ID

43060002800

ASK ABOUT THIS PROPERTY

Palmer HigaBhgre- Northwest Home TeamMore Info
360-970-8954

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Palmer HigaBhgre- Northwest Home TeamMore Info
360-970-8954

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.