Olympia, WA 98516 9326 Skokomish Way NE

$915,000

Pending
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Presented By: Redfin and NWMLS
  • Northwest Multiple Listing Service (NWMLS) - 21 - WA
  • MLS# 2401503
  • 07/01/2025
  • Get pre-approved
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
  • SQFT • 4,736

Home Details

Amazing investment opportunity with this consistently-rented fourplex. Each townhouse-style unit has 2 bedrooms and 1.5 baths. Convenient location just minutes from amenities and the freeway for an easy commute. One covered parking spot for each unit, plus 4 guest spots. Siding repair is in process. One unit has been completely remodeled and another recently refreshed with new carpets and paint. All units are currently leased at below-market rents, for instant earning potential with room to grow. One unit is leased through July ’26, all other are month to month.
Presented By: Redfin and NWMLS

Interior Features for 9326 Skokomish Way NE

Bedrooms

Bedrooms Upper

Bathrooms

Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories2

General for 9326 Skokomish Way NE

Assoc Fee Paid PerAnnually
Building Area UnitsSquare Feet
Cap Rate4.72
Carport Spaces4
Carport Y/NNo
CityOlympia
CoolingNone
CountyThurston
DirectionsFrom Meridian RD NE, left on Quinault Dr NE, then right onto Skokomish Way NE. Building is on the right.
Electric Expense180
Elementary SchoolBuyer To Verify
Fuel Expense
HOAYes
HOA Fee$250
HeatingRadiant
High SchoolBuyer To Verify
High School DistrictNorth Thurston
Insurance Expense2744
Leasable Area4736
Listing TermsCash Out, Conventional
Lot Size Square Feet17051
Lot Size UnitsSquare Feet
MLS Area451 – Hawks Prairie
Middle/Junior High SchoolBuyer To Verify
ModificationTimestamp2025-09-05T16:36:11.204Z
NWM_ShowMapLinkY
Net Operating Income46042
New ConstructionNo
Number Of Units Total4
Open Parking Spaces4
PossessionClosing, Subject to Tenant Rights
Property Style54 – 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksAmazing investment opportunity with this consistently-rented fourplex. Each townhouse-style unit has 2 bedrooms and 1.5 baths. Convenient location just minutes from amenities and the freeway for an e
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusPending
StatusPending
Structure TypeQuadruplex
Subdivision NameOlympia
Tax Annual Amount9217
Tax Year2025
Units Below Gradefalse
Units In Building Total4
Water CompanyCity of Lacey
Water Sewer Garbage7000
Year Built1980

Exterior for 9326 Skokomish Way NE

Building Area Total4736
Covered Spaces
Exterior AmenitiesWood, Wood Products
Irrigation Water Rights Y/NNo
Lot FeaturesCul-De-Sac, Dead End Street
Lot Size Acres0.3914
Parking Uncovered Spaces4
Total Parking8
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

Elementary School Buyer To Verify Elementary School
Middle School Buyer To Verify Middle School
High School Buyer To Verify High School

Josh QA1

REALTOR ® SRES ®
Price $915,000
MLS#2401503
List Date 07/01/2025
Property Type Pending
Phone 925.123.4567
Get pre-approved
Request Tour
Request Info
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