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$825,000
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Property Description
Amazing investment opportunity with this consistently-rented fourplex. Each townhouse-style unit has 2 bedrooms and 1.5 baths. Convenient location just minutes from amenities and the freeway for an easy commute. One covered parking spot for each unit, plus 4 guest spots. Siding repair is in process. One unit has been completely remodeled and another recently refreshed with new carpets and paint. All units are currently leased at below-market rents, for instant earning potential with room to grow. One unit is leased through July '26, all other are month to month.
Full Property Details
Full Property Details for 9326 Skokomish Wy NE
General
- Sold For: $825,000
- HOA FEE: $21/month
- HOA FEE FREQ.: Annually
- Taxes: $9,217 (2025)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2401503
- Added to Site: 237 day(s) ago
Parking
- Carport Spaces: 4
- Uncovered Spaces: 4
Location
- Area: 451 - Hawks Prairie
- County: Thurston
- Subdivision: Olympia
- Driving Directions: From Meridian RD NE, left on Quinault Dr NE, then right onto Skokomish Way NE. Building is on the right.
School Information
- High School District: North Thurston
- Elementary School: Buyer To Verify
- Middle School: Buyer To Verify
- High School: Buyer To Verify
Community
- Association: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Radiant
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Quadruplex
- Exterior Const.: Wood, Wood Products
- Roof: Composition
- Stories in Building: 2
- Square Feet: 4,736
- Year Built: 1980
Unit Information
- Units in Building: 4
Lot Features
- Lot Size (Acres): 0.3914
- Lot Size (Sq. Ft.): 17,051
- Lot Size Source: Realist - Buyer to Verify
- Lot Features: Cul-De-Sac, Dead End Street
Financial Considerations
- Association Fee: $250
- Assoc Fee Freq.: Annually
- Tax Amount: $9,217
- Tax Year: 2025
- Terms: Cash Out, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 78770010600
Listed by Jessica Kammeyer | Redfin | (360) 558-3945
Sold by Unrepresentd ZDefault | ZNonMember-Office-MLS
Get Pre-Approved Today
Schools
Schools serving 9326 Skokomish Wy NE
School District:North Thurston Public Schools
| Name | Grades | Distance |
|---|---|---|
Meadows Elementary School 836 Deerbrush Dr SE, Lacey, WA 98513 | PK-5 | 1.3 mi |
Nisqually Middle School 8100 Steilacoom Road Southeast, Lacey, WA 98503 | 6-8 | 1.6 mi |
River Ridge High School 350 River Ridge Drive Southeast, Lacey, WA 98513 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 9326 Skokomish Wy NE
Date
Details
Price
Change
Source
10/02/2025
Sold
$825,000
-9.84%
MLS
8/04/2025
Price Reduced
$915,000
-3.17%
MLS
7/28/2025
Price Reduced
$945,000
-3.08%
MLS
7/01/2025
Listed
$975,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
9326 Skokomish Way NE, Olympia, WA 98516 (MLS# 2401503) is a Multi-Family property that was sold at $825,000 on October 02, 2025. Want to learn more about 9326 Skokomish Way NE? Do you have questions about finding other Multi-Family real estate for sale in Olympia? You can browse all Olympia real estate or contact a Coldwell Banker agent to request more information.

