Olympia, WA 98516 1126 Neil Street NE

1126 Neil Street NE Olympia, WA - Image 11126 Neil Street NE Olympia, WA - Image 21126 Neil Street NE Olympia, WA - Image 3
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Presented By: HomeSmart Real Estate Assoc and NWMLS
  • Northwest Multiple Listing Service (NWMLS) - 21 - WA
  • MLS# 2416244
  • 08/22/2025
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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 • 3,169

Home Details

Unit 1 vacant for an excellent owner occupied opportunity. Unit 1 is currently getting new flooring, paint and bathroom. Excellent tenants. One level building with all units facing a courtyard. No one above or beneath each unit and the utility room separates the walls of each unit. Shared laundry with room in each unit to upgrade and put a W/D in the hallway closet. Two off street parking spaces per unit. Room for growth in some of the rents. Close to shopping, dining and freeways.
Presented By: HomeSmart Real Estate Assoc and NWMLS

Interior Features for 1126 Neil Street NE

Bedrooms

Bedrooms Possible8
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 Stories1

General for 1126 Neil Street NE

Building Area UnitsSquare Feet
Cap Rate5.5
Carport Spaces
Carport Y/NNo
CityOlympia
CoolingNone
CountyThurston
DirectionsHead West on Martin Way. Right on Neil Street NE just after Franz Bakery. Easy to miss the turn. Look for uHaul and Trucking School.
Electric Expense557.69
Fuel Expense
HOANo
HOA Fee$
HeatingBaseboard, Wall Unit(s)
High School DistrictNorth Thurston
Insurance Expense6080
Leasable Area3169
Listing TermsCash Out, Conventional, FHA, VA Loan
Lot Size Square Feet14532
Lot Size UnitsSquare Feet
MLS Area451 – Hawks Prairie
ModificationTimestamp2025-08-29T22:32:11.111Z
NWM_ShowMapLinkY
Net Operating Income47369
New ConstructionNo
Number Of Units Total4
Open Parking Spaces8
PossessionClosing
Property ConditionAverage
Property Style54 – 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksUnit 1 vacant for an excellent owner occupied opportunity. Unit 1 is currently getting new flooring, paint and bathroom. Excellent tenants. One level building with all units facing a courtyard. No one
RoofComposition
Senior Community Y/NNo
SewerSeptic Tank
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameTanglewilde
Tax Annual Amount8746
Tax Year2025
Units Below Gradefalse
Units In Building Total4
Water CompanyThurston PUD
Water Sewer Garbage4447.48
Year Built1968

Exterior for 1126 Neil Street NE

Building Area Total3169
Covered Spaces
Exterior AmenitiesWood
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesPaved
Lot Size Acres0.3336
Parking Uncovered Spaces8
Total Parking8
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Josh QA1

REALTOR ® SRES ®
Price $829,999
MLS#2416244
List Date 08/22/2025
Property Type Multi-Family
Phone 925.123.4567
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