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32394117
32394113

517 Oso Berry Street Northwest, Olympia, WA 98502 For Sale

Pacific Commercial Brokers
Listed by Pacific Commercial Brokers
$1,900,000
75 days on market
Updated 1 day ago

517 OSO BERRY ST NW OLYMPIA WA 98502-8209

Details
APN 63630000600
Property Type Multifamily
Square Footage 5,834
Units 5
Cap Rate 4.64%
NOI $92,823
Year Built 2015
Stories 3
Lot Size (SqFt) 7,404

Premium 4-unit townhome investment in West Olympia’s sought-after Oso Berry neighborhood.

Marketing description

Premium 4-unit townhome investment in West Olympia’s sought-after Oso Berry neighborhood. This modern 2015-built property consists of four individually metered townhome-style units, each offering three bedrooms and two-and-a-half bathrooms across three levels. Open-concept main floors feature modern kitchens with granite counters, stainless steel appliances, breakfast bars, and separate dining areas. Primary suites include spacious walk-in closets and private baths with dual sinks. Each unit has in-unit laundry, a powder room on the ground level, covered balcony, ground-level patio, and a tandem two-car garage. Exceptional West Olympia location near US-101, I-5, Capital Mall, grocery, dining, and all amenities. Strong rental demand supported by proximity to Evergreen State College and JBLM.

Investment highlights

  • Modern 2015-built 4-plex generating over $119K in annual gross rental income
  • All four units currently leased with established tenants and consistent cash flow
  • Each unit individually metered — tenants pay all utilities
  • Premium finishes: granite counters, stainless appliances, in-unit laundry, hardwood floors
  • Tandem two-car garages, covered balconies, and ground-level patios for each unit
  • Prime West Olympia location near US-101, I-5, Capital Mall, and major employers
  • Strong rental demand driven by Evergreen State College and JBLM proximity
  • Minimal deferred maintenance on a nearly new (2015) construction property

Listing Contacts

Pacific Commercial Brokers
Listed by Pacific Commercial Brokers

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$92,823.00
$7,735.25/mo

Valuation Metrics

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DSCR
4.89%
Cap Rate
4.89%
ROI

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