Olympia, WA 98501 1103 Creekwood Court SE
$959,000
34 more
Presented By: BHGRE – Northwest Home Team and NWMLS
- MLS# 2402468
- 07/07/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 3,616
Home Details
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.
Presented By: BHGRE – Northwest Home Team and NWMLS
Interior Features for 1103 Creekwood Court SE
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories2
General for 1103 Creekwood Court SE
Assoc Fee Paid PerMonthly
Building Area UnitsSquare Feet
Cap Rate4.3
Carport Spaces
Carport Y/NNo
CityOlympia
CoolingNone
CountyThurston
DirectionsFrom I-5 South, Exit 107 (Pacific Ave), R on Pacific, L on Boulevard Rd, R on 15th Ave/Dayton St, R on Creekwood Ct to very end, past mailboxes to bldg on Right, (GPS is accurate).
Electric Expense
Elementary SchoolMadison Elem
Fuel Expense
HOAYes
HOA Fee$420
High SchoolOlympia High
High School DistrictOlympia
Insurance Expense8940
Leasable Area3616
Listing TermsCash Out, Conventional, FHA, See Remarks, VA Loan
Living Area UnitsSquare Feet
Lot Size Square Feet9583
Lot Size UnitsSquare Feet
MLS Area448 – Olympia South
Middle/Junior High SchoolReeves Mid
ModificationTimestamp2025-07-08T00:28:11.054Z
NWM_ShowMapLinkY
Net Operating Income41868
New ConstructionNo
Number Of Units Total4
Open Parking Spaces9
PossessionClosing, Subject to Tenant Rights
Property ConditionVery Good
Property Style54 – 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksFully 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 uni
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameOlympia
Tax Annual Amount9836
Tax Year2025
Units Below Gradefalse
Units In Building Total4
ViewTerritorial
Water CompanyCity of Olympia
Water Sewer Garbage3900
Year Built1992
Exterior for 1103 Creekwood Court SE
Building Area Total3616
Covered Spaces4
Exterior AmenitiesCement Planked
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesPaved
Lot Size Acres0.22
Parking Uncovered Spaces9
Total Parking13
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Reeves Mid
High School
Olympia High
Elementary School
Madison Elem
Josh QA1
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