Listed by Eric Hjelm • Berkshire Hathaway Sound Rltrs. Bought with John L. Scott Olympia-Lacey.
Off market mar 2004 for $212K
$612,768
Est. refi paymentEst. refi$1,327/mo
Studio
•
— ba
•
—
sq ft
3421 Stoll Rd SE, Olympia, WA 98501
About this home
Nicely maintained 4 plex in real convenient Olympia location near hospital, bus line and shopping. Three 1 bedroom, 1 bath units and one 2 bedroom 1 bath unit. Cap rate based on all three 1 bedroom units at fair market rents of $425 a month (2 currently at $425 + $445 and one at $325 for 15 year tenant who maintains lawn). 224sf laundry and storage area.
Multi-familyProperty Type
1969Year Built
6,500 sq ftLot Size
Listed by Eric Hjelm• Berkshire Hathaway Sound Rltrs
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
5,204 Sq. Ft.
Year renovated
1982
Sq. Ft.
2,320
Year built
1969
Style
Other
County
Thurston County
APN
41700800103
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 18, 2026.
GC
General Commercial District
This district is intended to: Provide for those commercial uses and activities which are heavily dependent on convenient vehicular access; Encourage the location of such uses on sites having safe and efficient access to major transportation routes; Discourage extension of strip development by filling in available space in areas where substantial auto-oriented commercial development already exists; Provide development standards which enhance efficient operation of these districts, and lead to more pedestrian-oriented development; Achieve minimum adverse impact on the community, especially on adjacent properties having more restrictive development characteristics.
Permitted uses
Include but are not limited to:
Bank
General retail
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Warehouse
Office
Medical office
Aug 29, 2026 • Final
Electrical permits
Perform electrical panel changes.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Uncovered Spaces: 6
Open Parking Spaces: 6
Has Open Parking
Interior
Heating & Cooling
Has Heating
Interior Features
Interior Features: Wall to Wall Carpet
Flooring: Vinyl, Carpet
Exterior
Building Information
Roof: Built-Up
Exterior Features
Exterior Features: Brick
Property Information
Style Code: 54 - 4-Plex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Average
Lot Information
Site Features: Cable TV,Fenced-Partially,Patio
Zoning Jurisdiction: City
Lot Features: Paved
Lot Size Units: Square Feet
Lot Size Acres: 0.1492
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $2,070
Tax Year: 2003
Financial Information
Listing Terms: Conventional
Buyer Financing: Conventional
Utilities
Utility Information
Water Source: Public
Water Company: City
Power Company: PSE
Sewer: Septic Tank
Sewer Company: Septic
Utilities: Cable Connected, Septic System, Electric
Water Sewer Garbage: 2160
Location
Multi-Family Financial Information
Insurance Expense: $425
Other Expense: $300
Net Operating Income: $14,485
Gross Adjusted Income: 19440
Gross Scheduled Income: $21,600
Total Monthly Income: 1700
Gross Rent Multiplier: 0
Total Expenses: 4955
Multi-Unit Information
Units In Building Total: 4
Vacancy Rate: 10
# of Units (Total): 4
Furnished: Unfurnished
HOA Information
Association Fee Frequency: Annually
School Information
High School District: North Thurston
Location Information
Directions: Martin Way to S on Lilly Rd, R on Stoll Rd or Pacific Ave to N on Lilly to L on Stoll Rd.
Community Information
Amenities: See Remarks,Storage
Public facts
Beds: —
Baths: —
Sq. Ft.: 2,320
Stories: 1.0
Lot Size: 5,204 square feet
Style: Other
Year Built: 1969
Year Renovated: 1982
County: Thurston County
APN: 41700800103
Home facts updated by county records on Sep 18, 2026
Other
Listing Information
Mls Status: Sold
Listing Date Information
On Market Date: Tuesday, January 27, 2004
Green Information
Power Production Type: Electric
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 0
Building Area Total: 0
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Structure Type: Quadruplex
Stories Total: 1
Around this home
Schools
Mountain View Elementary School
Public PreK-5 • Assigned • 1.6mi
3/10
Chinook Middle School
Public 6-8 • Assigned • 1.1mi
5/10
North Thurston High School
Public 9-12 • Assigned • 0.8mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 88° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
7 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
Olympia, WA • 98501
Average low and high temperatures (°F)
45
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63
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68
47
73
51
79
55
79
57
73
53
60
45
50
42
48
40
Jan
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May
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$583,000 – $705,000
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