Courtesy of Olympic Sotheby's Int'l Realty and NWMLSNWMLS

OverviewEstate Overview - $1,000,000Closed

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2515 Mitchell Avenue,

Olympia, WA 98506

Attention Investors!! Well maintained 4-plex, 2 duplexes, in a great location with a 7.4 cap rate! All 4 units have the same layout and are 2 bedroom, 1 bathroom, 830+/- sqft with one car garages and large fenced back yards.Tenants pay water & garbage and the sewer is on septic so no monthly bills for the owner.Close to all amenities and located on a dead end street...See More

  • 0 Beds
  • 0 Baths
  • 3312 Sqft
  • Residential Income

OverviewListing Details

Status:Closed
Original Listing Price: $ 1,000,000
Listing Date: 10/24/2025
Days on dealty:Was on Dealty for 145 days
County:Thurston
MLS Type:NWMLSNWMLS
Built In:1971
Has HOA:No
Status Change Date:March 18, 2026
Pool:No
Cumulative Days on market:101 days
Last Updated:04/19/2026, 12:04:42 AM
*Please Contact Lister for more information.

FeaturesProperty Features

Design
  • Property subtype: Multi Family
  • Construction materials: Brick, Wood
  • Roof: Composition, Metal
Flooring
  • Vinyl Plank
  • Carpet
Interior Spaces
    --
Bedrooms & Bathrooms
  • 0 - Bedrooms
  • 0 - Bathrooms
Exteriors
  • Exterior features: Brick, Wood, Wood Products,
Lot Details
  • Lot size: 0.4649 Acres / 20250 Square feet

AmenitiesAmenities

Utilities
  • Cooling - None
  • Heating - Baseboard
Laundry
    --
Parking
  • Garage Spaces: 4

HOAHOA & Financial

Primary HOA
    No
Second HOA
    No
Third HOA
    No

OverviewOpen House

* There are no open house dates scheduled at this time. Please reach out to the lister for an in person or virtual viewing.

Schools & Neighborhood

Schools
    --
Neighborhood
    --

NeighborhoodExplore The Area

Similar HomesSimilar Homes

AgentListing Agent

Agent
Tommy Lowe

(Olympic Sotheby's Int'l Realty)

MLS # NWM2447858

2515 Mitchell Avenue

Olympia, WA 98506

$1,000,000
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FOR MORE PHOTOS VISIT
https://www.dealty.ai/buy/home/2515-mitchell-avenue-olympia-wa-98506
Approx sqft
3312
Year Built
1971
Lot Size
20250 sqft/ 0.466 acres

Attention Investors!! Well maintained 4-plex, 2 duplexes, in a great location with a 7.4 cap rate! All 4 units have the same layout and are 2 bedroom, 1 bathroom, 830+/- sqft with one car garages and large fenced back yards. Tenants pay water & garbage and the sewer is on septic so no monthly bills for the owner. Close to all amenities and located on a dead end street.

AGENT CONTACT

Northwest Multiple Listing Service

Based on information submitted to MLS Grid as of 04/19/2026, 12:04:42 AM. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used solely to identify prospective properties that consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed by MLS Grid. All information should be independently reviewed and verified. Open house information is subject to change without notice. Properties may or may not be listed by the office or agent presenting the information.