Introducing STATESIDE FLATS located at 210 Bethel St NE, Olympia, WA 98506. 27 units with 32 parking stalls, offering a lucrative investment listed at $5.3 million. Conveniently situated just blocks from downtown Olympia and the state capitol, residents enjoy easy access to transit and major roadways for seamless commuting. With a current cap rate of 6.31%, there is ample potential for a new owner to capitalize on rental upside. The property underwent significant renovations over the past three years, totaling approximately $600,000, including interior updates such as new flooring and cabinets, alongside exterior enhancements like new siding, roof replacement, and landscaping upgrades. *Disclosure Broker is part of the ownership group
Property Details
Property Features
Property Information:
Year Built: 1970
Stories: 3
Living Area: 18,088 SqFt
Listing Office:
Office Name: Highmark Partners
Office Phone: (206) 895-2988
Listing Agent: Justin Kraft
Interior Features
Interior Information:
Flooring Type: Vinyl Plank
Exterior Features
Exterior Information:
Exterior: Wood Products
Lot Features
Lot Information:
Lot: Corner Lot
Lot Size: 0.60 Acres
Utilities
Utilities Information:
Heating: Baseboard
Cooling: None
Other
Directions Information:
Directions: Follow I-5 S to Pacific Ave SE in Olympia. Take exit 107 from I-5 S Continue on Pacific Ave SE to your destination
Price Information
Listing Price Info
Price Summary:
List Price: $5,300,000
Price Per SqFt: $293/SqFt
Tax Information:
Annual Amount: $25,236
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Olympia, WA.
This property is $4.7M more than the Median Sold Price and $2/SqFt less than other homes in Olympia, WA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: NWMLS
MLS Number: #2272921
Listing Office:
Office Name: Highmark Partners
Office Phone: (206) 895-2988
Listing Agent: Justin Kraft
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 12:17:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jul 01, 2021
Jul 01, 2021Home Sold
$3,443,000
Jan 12, 2007
Jan 12, 2007Home Sold
$1,640,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$25,236
$1,957,600
2019
$18,297
$1,831,000
2018
$23,421
$1,491,400
2017
$20,557
$1,740,300
History based on county public records data.
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NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Madison Elementary School
1225 Legion Way SE
Distance between this listing and this school0.25 miles
Public District Grades PK-5
5
/10
Roosevelt Elementary School
1417 San Francisco Ave NE
Distance between this listing and this school0.65 miles
Public District Grades PK-5
6
/10
Lincoln Elementary School
213 21st Ave SE
Distance between this listing and this school1.39 miles
Public District Grades KG-5
Nearby Schools
7
/10
Reeves Middle School
2200 Quince St NE
Distance between this listing and this school1.23 miles
Public District Grades 6-8
7
/10
Washington Middle School
3100 Cain Rd SE
Distance between this listing and this school1.97 miles
Public District Grades 6-8
7
/10
Jefferson Middle School
2200 Conger Ave NW
Distance between this listing and this school2.11 miles
Public District Grades 6-8
Nearby Schools
9
/10
Avanti High School
1113 Legion Way SE
Distance between this listing and this school0.30 miles
Public District Grades 9-12
6
/10
Olympia Regional Learning Academy
2400 15th Ave SE
Distance between this listing and this school1.04 miles
Public District Grades KG-12
9
/10
Olympia High School
1302 North St SE
Distance between this listing and this school2.00 miles
The neighbors living near this home have an average income of $52,799. The majority of Olympia, WA residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 210 Bethel St NE
What is the listing price of this property?
The listing price of 210 Bethel St NE property is $5,300,000.
What type of property is this?
The property 210 Bethel St NE is a house located in Olympia, Washington, 98506.
Is this property for sale now?
Active Listing: 210 Bethel St NE is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $25,236 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 1, 2021 for $3,443,000. (source: MLS/tax record).
What is the square footage of this property?
The property 210 Bethel St NE is 18,088 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 210 Bethel St NE is 1970.
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This home is located at 210 Bethel St NE in Olympia, WA and zip code 98506 in the Bigelow Highlands neighborhood. This 18,088 square foot home, which was built in 1970, sits on a 0.60 acre lot. It has been listed on Rocket Homes since August 01, 2024 and is currently priced at $5,300,000.
In October 2024 more than 42 listings in Olympia, WA were sold above the asking price. During the same period more than 42 listings were sold at asking price, while more than 73 were sold below. Between September 2024 and October 2024, Olympia, WA real estate market has seen increase in the number of listings by 7.2%. Listings spent 40 days on the market in October 2024, and had a median list price of $552,996 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved. 
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