2832 Wilderness Drive Southeast

Olympia, WA 98501

$689,900
Price
5
Beds
2
Baths
2,712 Sq. Ft.
$254 / Sq. Ft.
2,712
Sq. Ft.
$254
per Sq. Ft.

Description

Amazing opportunity for investors or homeowners! Well maintained duplex in desirable SE Olympia. 3BR/1Bath & 2BR/1Bath. Currently leased with stable rental history (non-smoking; no pets). Single story units; large open living spaces; enclosed garages each side; long driveway for additional parking. Newer roof; large private backyards/patio areas, dedicated interior laundry hookups and hot water heaters on both sides; recently upgraded bathrooms/kitchens; newer laminate flooring in 3BR. Olympia Schools;...Amazing opportunity for investors or homeowners! Well maintained duplex in desirable SE Olympia. 3BR/1Bath & 2BR/1Bath. Currently leased with stable rental history (non-smoking; no pets). Single story units; large open living spaces; enclosed garages each side; long driveway for additional parking. Newer roof; large private backyards/patio areas, dedicated interior laundry hookups and hot water heaters on both sides; recently upgraded bathrooms/kitchens; newer laminate flooring in 3BR. Olympia Schools; on city bus line; close to medical and retail. Live on one side or continue renting both units. Showing by appointment only after offer is submitted/accepted contingent upon viewing the property. Please do not disturb tenants.
  1. Listed by Chris C. Nye • MLS4owners.com

Property Details for 2832 Wilderness Drive Southeast

Community Name
Olympia
School District
Olympia
Number of Assigned Spaces
6
Total Covered Parking
2
Entry Date
10-17-2024
Energy Source
Electric,Wood
Sewer
Septic Tank
LISTING UPDATED: 11/13/2024 12:08 PM

Property Details for 2832 Wilderness Drive Southeast

StatusActive
MLS #2303034
Days on Market35
Cumulative Days on Market35
Taxes$5,444 / year
HOA Fees$175 / year
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1974
Lot Size0.32 AC / 14,100 SF
CountyThurston County

Building Information for 2832 Wilderness Drive Southeast

Stories1Residences2Year Built1974Building Size-Lot Size0.32 AC / 14,100 SF

Property Information for 2832 Wilderness Drive Southeast

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Fenced-Partially, Patio
  • Area: 448 - Olympia South
  • Directions: Continue onto Yelm Hwy SE; At the traffic circle, continue straight to stay on Yelm Hwy SE; At the traffic circle, take the 2nd exit onto Boulevard Rd SE; Turn right onto Wilderness DR SE
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Laminate, Vinyl, Carpet
  • Features: Laminate, Wall to Wall Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard, Wall Unit(s)
Exterior Features
  • Exterior: Wood
  • Roof: Composition
  • Security Features: FullyFenced, SecuritySystem
Property
Utilities
  • Water/Sewer/Garbage: 725
  • Power Company: PSE
  • Sewer Company: Septic
  • Water Company: City of Olympia
  • Power Production Type: Electric, Wood
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: County
  • Foundation: Poured Concrete
  • Zoning Class: Residential
  • Construction Methods: Standard Frame
  • First Right Of Refusal: false
  • Possible Use: Residential
  • MLS Square Footage Source: County
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 25
Lot Information
  • Lot Details: Corner Lot, Paved
  • Lot Size Source: County
  • Parcel Number Free Text: 83660010900
  • Calculated Square Footage: 2712
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2712.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 8019
  • Gross Adjusted Income: 4800
  • Gross Rent Multiplier: 14.37
  • Gross Scheduled Income: $48,000
  • Insurance Expense: $950
  • Net Operating Income: $39,981
  • Other Expenses: $900
  • Total Monthly Income: 4000
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 2832
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1300
  • Rent Unit 1: $1,900.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2834
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1512
  • Rent Unit 2: $2,100.00
  • Bedrooms Unit 2: 3
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2712.0
  • Leasable Area Units: Square Feet

Property History for 2832 Wilderness Drive Southeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2832 Wilderness Drive Southeast

Taxable ValueLand$216,000Additions$327,300Total$543,300
Tax Record2023$5,444 ($454 / month)
Home Facts
Baths3.5Total Finished SqFt2,712 SqFtAbove Ground SqFt2,712 SqFtStories1Lot Size13,939 SqFtStyleMulti-Family Dwelling (2-4)Year Built1974Year Renovated1991CountyTHURSTONAPN8366-00-10900Fireplace TypeHas Fireplace

Schools near 2832 Wilderness Drive Southeast

This home is within Olympia School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Centennial Elementary School
PublicPK to 5

Washington Middle School
Public6 to 8

Avanti High School
Public9 to 12

Olympia High School
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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2832 Wilderness Drive Southeast is a multi-family home for sale in Olympia, WA 98501. This property was listed for sale on October 17, 2024 by MLS4owners.com, it's currently listed at $689,900. This listing's school district is Olympia School District. Nearby schools include Centennial Elementary School, Washington Middle School and Avanti High School. 2832 Wilderness Drive Southeast is a 5-bed, 2-bath, 2,712 sqft multi-family home built in 1974.

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 MLS4owners.com

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.