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$850,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 1 Car Garage
  • Updated 19 hours ago

Listed by Angad Mahal | Pacific Residential Brokers | (253) 507-5442

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Solid investment opportunity in West Olympia! This fully occupied duplex features two spacious 3BD/2.5BA units with strong rental income. Solid 4.12% cap rate makes this an attractive addition to any investment portfolio. Both units tenant occupied - please do not disturb tenants. Showings following accepted offer. Investment financing available (contact listing broker for details). Call or text listing broker at 253-797-0511 for showings or general inquiries.

Full Property Details for 3145 5th Ave NW

General

  • Price: $850,000
  • HOA FEE: $280/month
  • HOA FEE FREQ.: Annually
  • Taxes: $8,968 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2513663
  • Updated: 4/26/2026
  • Added to Site: 1 day(s) ago

Rental Information

  • Short Term: Yes

Parking

  • Garage Spaces: 1
  • Covered Spaces: 2
  • Uncovered Spaces: 2

Location

  • Area: 444 - Olympia Westside
  • County: Thurston
  • Subdivision: Cooper Point
  • Driving Directions: From the US 101 N, take the Mud Bay exit, continue on Harrison AVE NW. Drive on to 5th AVE NW.

School Information

  • High School District: Olympia

Community

  • Association: Yes

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Sewer Connected

Structural Information

  • Structure Type: Duplex
  • Exterior Const.: Wood
  • Roof: Composition
  • Stories in Building: 2
  • Square Feet: 2,992
  • Year Built: 2006

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size (Acres): 0.2034
  • Lot Size (Sq. Ft.): 8,862
  • Lot Size Source: County Records
  • Zoning: Multi-Family

Financial Considerations

  • Association Fee: $3,360
  • Assoc Fee Freq.: Annually
  • Tax Amount: $8,968
  • Tax Year: 2026
  • Terms: Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 51450012500

Listed by Angad Mahal | Pacific Residential Brokers | (253) 507-5442

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 3145 5th Ave NW

School District:Olympia School District
NameGradesDistance
McLane Elementary School
200 Delphi Road Southwest, Olympia, WA 98502
K-51.4 mi
Olympia Regional Learning Academy B
2400 15th Avenue Southeast, Olympia, WA 98501
K-54 mi
Thurgood Marshall Middle School
3939 20th Avenue Northwest, Olympia, WA 98502
6-80.9 mi
Capital High School
2707 Conger Avenue Northwest, Olympia, WA 98502
9-120.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3145 5th Ave NW Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/26/2026
Listed
$850,000
17.24%
MLS
10/31/2024
Sold
$725,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3145 5th Ave NW

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,011
-18%
$850,100
4%
2025
$8,601
23%
$821,200
22%
2024
$7,011
15%
$670,600
20%
2021
$6,119
-8%
$558,000
-16%
2023
$6,658
9%
$667,700
15%
2021
$6,119
-1%
$578,500
24%
2020
$6,191
8%
$468,000
—
2019
$5,752
16%
$468,300
27%
2018
$4,976
12%
$369,500
4%
2017
$4,429
21%
$354,600
18%
2016
$3,647
-8%
$300,600
-5%
2015
$3,970
1%
$317,500
3%
2014
$3,950
—
$308,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Angad Mahal | Pacific Residential Brokers | (253) 507-5442

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3145 5th Avenue NW, Olympia, WA 98502 (MLS# 2513663) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 3145 5th Avenue NW is currently listed for $850,000 and was received on April 26, 2026. Want to learn more about 3145 5th Avenue NW? Do you have questions about finding other Multi-Family real estate for sale in Downtown Olympia? You can browse all Downtown Olympia real estate or contact a Coldwell Banker agent to request more information.

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