Olympia, WA 98501 3411 Stoll Road SE

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Presented By: Coldwell Banker Evergreen and NWMLS
  • Northwest Multiple Listing Service (NWMLS) - 21 - WA
  • MLS# 2433443
  • 09/15/2025
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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 • 2,320

Home Details

The highest-earning 4-plex in Thurston County—fully occupied and producing $82,116 in gross annual income. Long-term tenants and zero vacancy make this a standout investment. Three 1-bed/1-bath units and one 2-bed/1-bath, all upgraded with refreshed counters, doors, efficient wall heaters. Coin-op laundry, individual storage sheds, and 7 off-street parking stalls add convenience and value. Located in a high-demand rental corridor just minutes from downtown Olympia, St. Peters Hospital, shopping, parks, and bus lines. Owner pays W/S/G; tenants pay power. This property offers exceptional cash flow, income stability, and future potential—ideal for investors seeking strong returns and lasting value – numbers don’t get better than this!
Presented By: Coldwell Banker Evergreen and NWMLS

Interior Features for 3411 Stoll Road SE

Bedrooms

Bedrooms Possible5
Bedrooms Upper

Bathrooms

Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringLaminate, Vinyl
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories1

General for 3411 Stoll Road SE

AmenitiesCoin Op Laundry, Storage
Building Area UnitsSquare Feet
Building NameCollege City Berry
Cap Rate7.76
Carport Spaces
Carport Y/NNo
CityOlympia
CoolingNone
CountyThurston
DirectionsOff Lilly between Pacific and Martin Way, S on Stoll Rd, 4 plex on L
Electric Expense500
Elementary SchoolMountain View Elementary
Fuel Expense
HOANo
HOA Fee$
HeatingBaseboard
High SchoolNorth Thurston High
High School DistrictNorth Thurston
Insurance Expense1773
Leasable Area2320
Listing TermsCash Out, Conventional
Lot Size Square Feet5204
Lot Size UnitsSquare Feet
MLS Area447 – Olympia North
Middle/Junior High SchoolChinook Mid
ModificationTimestamp2025-09-16T23:28:10.435Z
NWM_ShowMapLinkY
Net Operating Income69758
New ConstructionNo
Number Of Units Total4
Open Parking Spaces7
PossessionClosing
Possible UseCommercial, See Remarks
Property ConditionAverage
Property Style54 – 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksThe highest-earning 4-plex in Thurston Countyfully occupied and producing $82, 116 in gross annual income. Long-term tenants and zero vacancy make this a standout investment. Three 1-bed/1-bath units
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSeptic Tank
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameOlympia
Tax Annual Amount3585
Tax Year2024
Units Below Gradefalse
Units In Building Total4
Water CompanyCity of Olympia
Water Sewer Garbage3000
Year Built1968
Zoning DescriptionCommercial, See Remarks

Exterior for 3411 Stoll Road SE

Building Area Total2320
Covered Spaces
Exterior AmenitiesWood, Wood Products
Foundation DetailsConcrete Ribbon
Irrigation Water Rights Y/NNo
Lot Dimensions60×103
Lot FeaturesDead End Street, Paved, Sidewalk
Lot Size Acres0.1195
Parking Uncovered Spaces7
Site FeaturesCable TV, Fenced-Partially
Total Parking7
Waterfront Y/NNo

Additional Details

Price History

Schools

High School North Thurston High
Middle School Chinook Mid
Elementary School Mountain View Elementary

Josh QA1

REALTOR ® SRES ®
Price $899,000
MLS#2433443
List Date 09/15/2025
Property Type Multi-Family
Phone 925.123.4567
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