1034-1036 Midway Drive Northeast

Lacey, WA 98516

$580,000
Last Sold Price
—
Beds
2,128 Sq. Ft.
$273 / Sq. Ft.
2,128
Sq. Ft.
$273
per Sq. Ft.

Sold 3/10/22

Sold 3/10/22

a outdoor space with patio area and glass door
a view of a house with a patio and a yard
a view of a backyard
a view of a large garden with large trees
a kitchen with a refrigerator and a sink
a kitchen with a sink appliances and cabinets
a kitchen with a sink and a wooden cabinets
a kitchen with a sink and a window
a living room with furniture a air conditioner and a window
a living room with furniture a flat screen tv and a fireplace
a bathroom with a toilet and a mirror
a bathroom with a sink and a washing machine
a very nice looking room with many windows
a car parked in a garage
a backyard of a house with lots of green space
a view of a house with backyard and porch
front view of a house with a large yard
a view of a yard
a view of a yard with plants
a view of a garden
Listing provided courtesy of COMPASS, Redfin

Description

Investor Alert!! Well maintained and cash flowing Duplex, Located close to Saint Martin's University, and local hospitals. Great rental for traveling nurses, or college students. Minutes from local restaurants, and amenities. This duplex with a large lot gives you the feeling of privacy even though your only minutes from town! Each unit features a spacious 3-bedroom 1-bath with washer and dryer hook up, large attached garage and brand new fenced in yards! Very high occupancy rate and current tenants...Investor Alert!! Well maintained and cash flowing Duplex, Located close to Saint Martin's University, and local hospitals. Great rental for traveling nurses, or college students. Minutes from local restaurants, and amenities. This duplex with a large lot gives you the feeling of privacy even though your only minutes from town! Each unit features a spacious 3-bedroom 1-bath with washer and dryer hook up, large attached garage and brand new fenced in yards! Very high occupancy rate and current tenants on month to month leases.

Listing Agents

  1. Laura Lynn

    Laura Lynn

    Listing Agent

    Compass

    laura.lynn@compass.com

    P: (425)-647-0550

    CallTextEmail
  2. David Spalding

    David Spalding

    Alternative Listing Agent

    Compass

    CallTextEmail

Property Details for 1034-1036 Midway Drive Northeast

Community Name
Olympia
School District
North Thurston
Number of Assigned Spaces
6
Total Covered Parking
2
Offers Review Date
02-08-2022
Entry Date
02-03-2022
Energy Source
Electric
Sewer
Septic Tank
LISTING UPDATED: 09/05/2024 05:44 AM

Property Details for 1034-1036 Midway Drive Northeast

StatusSold
MLS #1884874
Days on Market5
Cumulative Days on Market5
Taxes$3,596 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1968
Lot Size0.41 AC / 17,678 SF
CountyThurston County
Buyer's Agent Compensation2.5%

Building Information for 1034-1036 Midway Drive Northeast

Stories1Residences2Year Built1968Building Size-Lot Size0.41 AC / 17,678 SF

Property Information for 1034-1036 Midway Drive Northeast

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Fenced-Fully, High Speed Internet, Patio
  • Area: 447 - Olympia North
  • Elementary School: Lydia Hawk Elem
  • Middle Or Junior School: Chinook Mid
  • High School: North Thurston High
  • Directions: N on Sleater Kinney, R on 6th, L on Enterprise, R on Midway
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2021
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl, Carpet
  • Features: Wall to Wall Carpet
  • Amenities: Thermal Windows
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Brick, Wood, Wood Products
  • Roof: Composition
  • Security Features: PartiallyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: PSE
  • Sewer Company: Septic
  • Water Company: City of Lacey
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Slab
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 20
Lot Information
  • Lot Details: Paved
  • Lot Size Source: Realist
  • Parcel Number Free Text: 62160003300
  • Calculated Square Footage: 2128
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2128.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Green Energy Efficient: Thermal Windows
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 1
  • Vacancy Rate: 3
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 4596
  • Gross Adjusted Income: 26545
  • Gross Rent Multiplier: 17
  • Gross Scheduled Income: $31,140
  • Insurance Expense: $1,000
  • Net Operating Income: $25,748
  • Other Expenses: $0
  • Total Monthly Income: 2595
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2128.0
  • Leasable Area Units: Square Feet

Property History for 1034-1036 Midway Drive Northeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1034-1036 Midway Drive Northeast

This home is within North Thurston Public Schools.
Rating
School
Type
Grades
Distance
Pleasant Glade Elementary School
Public - PK to 5
Chinook Middle School
Public - 6 to 8
North Thurston High School
Public - 9 to 12
Envision Career Academy
Public - 9 to 12
Rating
School
Distance
Pleasant Glade Elementary School
PublicPK to 5

Chinook Middle School
Public6 to 8

North Thurston High School
Public9 to 12

Envision Career Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COMPASS

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.