OFF MARKET

Listed by Bing Yu • Kelly Right RE of Seattle LLC. Bought with Realty One Group Bold.

Off market sep 2022 for $760K

—

Est. refi paymentEst. refi $952/mo

—

•

— ba

•

7,068

sq ft

4501 Wiggins Rd SE, Olympia, WA 98501

About this home

Investor Alert!!10% CAP RATE! These recently updated properties are a must see cash flowing machine. Live in the main 1 1/2 story home and keep the 3 mobiles rented. With over 7,000 sq ft of rentable living space and 1.7 acres zoned R4-8 this investment property will not last long. Recent updates in some of the units include fresh interior paint, laminate & vinyl flooring, carpet & much more. Located in the highly sought after Olympia school district.

Multi-familyProperty Type

1924Year Built

1.71 acresLot Size

$108Price/Sq.Ft.

2 spacesParking

Listed by Bing Yu • Kelly Right RE of Seattle LLC

Listed by Ka Ming Wong • Kelly Right RE of Seattle LLC

Bought with Josiah Dunken • Realty One Group Bold

Redfin checked: 2 minutes ago

•Source:NWMLS as Distributed by MLS Grid #1923522

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 98501, WA

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

99.7%

+0.1% MoM

Median sale price

$600K

$7K MoM

Avg. days on market

20d

2 days MoM

Recently sold homes

166

5 MoM

New listings for sale

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$599,900
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OPEN SUN, 12PM TO 2PM
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3 beds2 baths1,498 sq ft
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Juli Anne Gibson • BCR LLC
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3 beds3 baths2,457 sq ft
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Guy Duvall • John L. Scott Lacey
NEW
$465,000
3 beds3 baths1,500 sq ft
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Rick Wilson • Virgil Adams Real Estate, Inc.
NEW
$278,000
2 beds2 baths1,232 sq ft
716 Dennis St SE SPC 55, Tumwater, WA 98501
Jon Minerick • homecoin.com
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Ron Rougeaux • eXp Realty
OPEN SAT, 11:30AM TO 2PM
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Meg Spradlin • Century 21 Van Dorm Realty
OPEN SAT, 11AM TO 1PM
$269,999
2 beds1.5 baths1,080 sq ft
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Masab El-Himri • Premier Real Estate Partners
$759,000
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Julie Bradshaw • RE/MAX Northwest
OPEN SUN, 11AM TO 1PM
$425,000
3 beds2.5 baths1,588 sq ft
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Laura Lundin • Abbey Realty Inc
See all

Provided by Redfin

Sale history for 4501 Wiggins Rd SE

Date

Event

Price

Sep 28, 2022

Sold (MLS) (Closed)

NWMLS as Distributed by MLS Grid #1923522

$760,000

$108/sq ft

Aug 25, 2022

Pending

NWMLS as Distributed by MLS Grid #1923522

—

Jul 9, 2022

Price Changed

NWMLS as Distributed by MLS Grid #1923522

$939,000

$133/sq ft

Jul 8, 2022

Price Changed

NWMLS as Distributed by MLS Grid #1923522

$936,000

$132/sq ft

Apr 28, 2022

Listed (Active)

NWMLS as Distributed by MLS Grid #1923522

$999,000

$141/sq ft

Mar 19, 2020

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #1553466

$562,000

$80/sq ft

Feb 19, 2020

Pending

NWMLS as Distributed by MLS Grid #1553466

—

Feb 4, 2020

Pending (Pending Inspection)

NWMLS as Distributed by MLS Grid #1553466

—

Feb 1, 2020

Listed (Active)

NWMLS as Distributed by MLS Grid #1553466

$565,000

$80/sq ft

Mar 7, 2006

Sold (MLS)

NWMLS as Distributed by MLS Grid #26011169

$396,661

$56/sq ft

Jan 23, 2006

Listed

NWMLS as Distributed by MLS Grid #26011169

$399,000

$56/sq ft

Jun 1, 1999

Sold

Public Records

$135,000

$19/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$7,865 (+1.7%)

$203,300 + $510,300

$713,600

2025

$7,731 (+2.8%)

$203,300 + $510,300

$713,600

2024

$7,522 (−3.2%)

$218,300 + $495,400

$713,700

2023

$7,773 (+24.6%)

$215,900 + $477,400

$693,300

2022

$6,240 (+6.3%)

$171,800 + $414,600

$586,400

2021

$5,872 (+1.2%)

$174,100 + $331,600

$505,700

2020

$5,802 (+12.4%)

$179,900 + $257,400

$437,300

2019

$5,161 (−0.9%)

$158,700 + $263,400

$422,100

2018

$5,208 (+13.8%)

$111,000 + $255,100

$366,100

2017

$4,577 (+10.3%)

$111,000 + $255,100

$366,100

2016

$4,149 (−1.3%)

$119,300 + $211,600

$330,900

2015

$4,205 (+16.4%)

$121,200 + $177,000

$298,200

2014

$3,613 (+2.9%)

$109,750 + $156,500

$266,250

2013

$3,512 (−4.3%)

$109,750 + $156,500

$266,250

2012

$3,671 (−12.0%)

$102,050 + $141,100

$243,150

2011

$4,171 (+0.9%)

$133,450 + $139,600

$273,050

2010

$4,133 (+3.1%)

$167,500 + $167,500

$335,000

2009

$4,008

$175,350 + $202,400

$377,750

Tax history for 4501 Wiggins Rd SE

Year

Property tax

Land + Additions

Assessment*

2026

$7,865 (+1.7%)

$203,300 + $510,300

$713,600

2025

$7,731 (+2.8%)

$203,300 + $510,300

$713,600

2024

$7,522 (−3.2%)

$218,300 + $495,400

$713,700

2023

$7,773 (+24.6%)

$215,900 + $477,400

$693,300

2022

$6,240 (+6.3%)

$171,800 + $414,600

$586,400

2021

$5,872 (+1.2%)

$174,100 + $331,600

$505,700

2020

$5,802 (+12.4%)

$179,900 + $257,400

$437,300

2019

$5,161 (−0.9%)

$158,700 + $263,400

$422,100

2018

$5,208 (+13.8%)

$111,000 + $255,100

$366,100

2017

$4,577 (+10.3%)

$111,000 + $255,100

$366,100

2016

$4,149 (−1.3%)

$119,300 + $211,600

$330,900

2015

$4,205 (+16.4%)

$121,200 + $177,000

$298,200

2014

$3,613 (+2.9%)

$109,750 + $156,500

$266,250

2013

$3,512 (−4.3%)

$109,750 + $156,500

$266,250

2012

$3,671 (−12.0%)

$102,050 + $141,100

$243,150

2011

$4,171 (+0.9%)

$133,450 + $139,600

$273,050

2010

$4,133 (+3.1%)

$167,500 + $167,500

$335,000

2009

$4,008

$175,350 + $202,400

$377,750

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

1.71 Acres

Year renovated

—

Sq. Ft.

1,680

Year built

1993

Style

Single Family Residential

County

Thurston County

APN

11831140000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 18, 2026.

Property details

Parking

Parking Information
Parking Uncovered Spaces: 10
Covered Spaces: 2
Parking Features: RV Parking
Open Parking Spaces: 10
Has Open Parking

Interior

Heating & Cooling
Has Heating
Has Cooling

Interior Features
Interior Features: Forced Air, Heat Pump, Central A/C, Hardwood, Wall to Wall Carpet, Laminate
Flooring: Hardwood, Laminate, Vinyl, Carpet

Exterior

Building Information
Roof: Composition

Exterior Features
Exterior Features: Metal/Vinyl, Wood Products

Property Information
Energy Source: Electric,Natural Gas
Style Code: 54 - 4-Plex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Average
Has View

Lot Information
MLS Lot Size Source: Realist
Site Features: Electric Car Charging,Fenced-Partially,Gas Available,Outbuildings,RV Parking
Zoning Jurisdiction: See Remarks
Lot Features: Corner Lot, Open Space
Lot Size Units: Square Feet
Lot Size Acres: 1.71
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $6,240
Tax Year: 2022

Financial Information
Listing Terms: Cash Out, Conventional, VA Loan
Buyer Financing: Other

Utilities

Utility Information
Water Source: Individual Well
Water Company: Well
Power Company: PSE
Sewer: Septic Tank
Sewer Company: Septic
Utilities: Natural Gas Available, Septic System, Electric, Natural Gas Connected, Individual Well
Water Sewer Garbage: 0

Location

Multi-Family Financial Information
Insurance Expense: $2,000
Net Operating Income: $89,560
Gross Adjusted Income: 0
Total Monthly Income: 8150
Gross Rent Multiplier: 89560
Total Expenses: 8240

Multi-Unit Information
Units Below Grade: false
Units In Building Total: 4
Vacancy Rate: 2
# of Units (Total): 4
Furnished: Unfurnished

School Information
Elementary School: Centennial Elem
Middle Or Junior High School: Wash Mid
High School: Olympia High
High School District: Olympia

Location Information
Directions: Head south on College St SE, Turn right onto Yelm Hwy SE, Turn right onto Wiggins Rd SE, Property on left side 0.6 miles.

Community Information
Common Interest: Multi-Family

Public facts

Beds: —
Baths: —
Sq. Ft.: 1,680
Stories: —
Lot Size: 1.71 acres
Style: Single Family Residential
Year Built: 1993
Year Renovated: —
County: Thurston County
APN: 11831140000

Home facts updated by county records on Sep 18, 2026

Other

Listing Information
Mls Status: Sold

Listing Date Information
On Market Date: Thursday, April 28, 2022

Green Information
Power Production Type: Electric, Natural Gas

Home Information
Living Area Units: Square Feet
Calculated Square Footage: 7068
Building Area Total: 7068
Building Area Units: Square Feet
Year Built Effective: 1980
Effective Year Built Source: Public Records
Structure Type: Quadruplex
Stories Total: 2

Around this home

Schools

K - 12
Preschool & daycare

Centennial Elementary School

Public PreK-5 • Assigned • 0.8mi

6/10

Washington Middle School

Public 6-8 • Assigned • 1.5mi

8/10

Olympia High School

Public 9-12 • Assigned • 1.9mi

9/10

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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.7 hours in June and 1.8 hours in December, placing it below the U.S. average for solar exposure.

8.7 hrs

1.8 hrs

JuneDecember

Provided by Shadowmap

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New listings for sale in 98501

NEW

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Listing provided by NWMLS as Distributed by MLS Grid

Home values near 4501 Wiggins Rd SE

Data from public records.

Address	Redfin Estimate
4502 Wiggins Road Southeast, Olympia, WA 3 Beds \| 2 Baths \| 1702 Sq. Ft.	$494,039
4248 Wiggins Road Southeast, Olympia, WA 2 Beds \| 3 Baths \| 2100 Sq. Ft.	$619,520
4525 Ferndale Court Southeast, Olympia, WA 3 Beds \| 3 Baths \| 2190 Sq. Ft.	$626,121
4507 Ferndale Court Southeast, Olympia, WA 3 Beds \| 3 Baths \| 1974 Sq. Ft.	$562,268
3530 Pinebrook Drive Southeast, Olympia, WA 3 Beds \| 2.5 Baths \| 1939 Sq. Ft.	$561,478
4520 Ferndale Court Southeast, Olympia, WA 3 Beds \| 2.5 Baths \| 2622 Sq. Ft.	$528,467
4501 Ferndale Court Southeast, Olympia, WA 3 Beds \| 2 Baths \| 1770 Sq. Ft.	$520,559

Address	Redfin Estimate
4514 Wiggins Road Southeast, Olympia, WA 4 Beds \| 2.5 Baths \| 2872 Sq. Ft.	$706,645
4535 Wiggins Road Southeast, Olympia, WA 3 Beds \| 2 Baths \| 1384 Sq. Ft.	$491,849
4519 Ferndale Court Southeast, Olympia, WA 3 Beds \| 2.5 Baths \| 1960 Sq. Ft.	$651,050
3518 Pinebrook Drive Southeast, Olympia, WA 3 Beds \| 2 Baths \| 1664 Sq. Ft.	$507,602
3536 Pinebrook Drive Southeast, Olympia, WA 4 Beds \| 3 Baths \| 2410 Sq. Ft.	$643,552
4526 Ferndale Court Southeast, Olympia, WA 3 Beds \| 2 Baths \| 2296 Sq. Ft.	$574,486
4514 Ferndale Court Southeast, Olympia, WA 4 Beds \| 2.5 Baths \| 2016 Sq. Ft.	$599,483

Address	Redfin Estimate
4528 Wiggins Road Southeast, Olympia, WA 6 Beds \| 4 Baths \| 3808 Sq. Ft.	$772,974
3531 43rd Avenue Southeast, Olympia, WA 3 Beds \| 2 Baths \| 1448 Sq. Ft.	$531,190
4513 Ferndale Court Southeast, Olympia, WA 3 Beds \| 2.5 Baths \| 2382 Sq. Ft.	$618,054
3524 Pinebrook Drive Southeast, Olympia, WA 3 Beds \| 2.5 Baths \| 2200 Sq. Ft.	$634,523
4508 Ferndale Court Southeast, Olympia, WA 3 Beds \| 2.5 Baths \| 1739 Sq. Ft.	$584,221
3326 46th Court Southeast, Olympia, WA 3 Beds \| 2 Baths \| 1696 Sq. Ft.	$551,011
3516 Wilderness Drive Southeast, Olympia, WA 2 Beds \| 2 Baths \| 2634 Sq. Ft.	$592,008

Property information provided by NWMLS as Distributed by MLS Grid when last listed in 2022. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 98501, WA

Sale history for 4501 Wiggins Rd SE

Tax history for 4501 Wiggins Rd SE

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 98501

Home values near 4501 Wiggins Rd SE

More real estate resources