Listed by Sterling Stock • Olympic Sotheby's Int'l Realty. Bought with Castle Realty Inc.
Off market mar 2021 for $626K
—
—
bd
•
— ba
•
3,323
sq ft
7433 Fair Oaks Rd SE, Olympia, WA 98513
About this home
2 income producing duplexes on private 3/4 acre parcel have been well maintained and managed by "hands-on" owners for past 15 years. Front duplex features 2 bed, 1 bath units and was fully remodeled from 2005-2010, with new roof in 2012, and freshly painted with new gutters in 2019. Back duplex also features 2 bed, 1 bath units and include adorable front porches, vaulted living areas and has been updated with new roof, gutters and freshly painted exterior in 2019. Property was surveyed in 2017 and new fence installed. Brand new 8 bedroom septic in 2020.
Multi-familyProperty Type
1966Year Built
0.73 acresLot Size
$188Price/Sq.Ft.
Listed by Sterling Stock• Olympic Sotheby's Int'l Realty
Listed by Keenan French• Olympic Sotheby's Int'l Realty
*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
Beds
4
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.73 Acres
Year renovated
1998
Sq. Ft.
1,531
Year built
1959
Style
Multi-Family (2-4 Unit)
County
Thurston County
APN
47006900000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 18, 2026.
MGSA
Mcallister Geologically Sensitive Area District
The purpose of this district is to provide for residential, commercial, and agricultural uses of a type and density which will minimize the potential for contamination or significant loss in recharge capacity of a vulnerable groundwater aquifer and potable water source of great importance to the general public. This exercise of the police power (regulatory power) is necessary to preserve the public health, safety, and welfare.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Property details
Parking
Parking Information
Parking Uncovered Spaces: 8
Open Parking Spaces: 8
Has Open Parking
Interior
Heating & Cooling
Has Heating
Interior Features
Interior Features: Ceramic Tile, Wall to Wall Carpet
Flooring: Ceramic Tile, Vinyl, Carpet
Multi-Family Financial Information
Insurance Expense: $1,584
Other Expense: $3,046
Net Operating Income: $21,916
Gross Adjusted Income: 35340
Gross Scheduled Income: $35,340
Total Monthly Income: 2945
Gross Rent Multiplier: 17
Total Expenses: 13424
Multi-Unit Information
Units Below Grade: false
Units In Building Total: 4
# of Units (Total): 4
Furnished: Unfurnished
Exterior
Building Information
Roof: Composition
Exterior Features
Exterior Features: Wood
Property Information
Style Code: 54 - 4-Plex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Good
Land Information
Possible Use: Multi-Family
Lot Information
MLS Lot Size Source: Assessor
Site Features: Fenced-Partially
Zoning Jurisdiction: County
Lot Features: Dead End Street
Lot Size Units: Square Feet
Lot Size Acres: 0.7317
Lot Size Dimensions: 111 x 300
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $6,550
Tax Year: 2020
Financial Information
Listing Terms: Cash Out, Conventional, VA Loan
Buyer Financing: Conventional
Utilities
Utility Information
Water Source: Community
Water Company: Pattison
Power Company: PSE
Sewer: Septic Tank
Sewer Company: Septic
Utilities: Septic System, Electric, Wood
Water Sewer Garbage: 2244
Location
School Information
Elementary School: Chambers Prairie El
Middle Or Junior High School: Komachin Mid
High School: Timberline High
High School District: North Thurston
Location Information
Directions: Yelm Hwy to Fair Oaks to property on left.
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,531
Stories: 1.0
Lot Size: 0.73 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1959
Year Renovated: 1998
County: Thurston County
APN: 47006900000
Home facts updated by county records on Sep 18, 2026
Other
Listing Information
Mls Status: Sold
Listing Date Information
On Market Date: Monday, November 30, 2020
Green Information
Power Production Type: Electric, Wood
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 3323
Building Area Total: 3323
Building Area Units: Square Feet
Foundation Details: Post & Block
Year Built Effective: 1988
Effective Year Built Source: Public Records
Structure Type: Quadruplex
Stories Total: 1
Around this home
Schools
Chambers Prairie Elementary School
Public K-5 • Assigned • 1.1mi
5/10
Komachin Middle School
Public 6-8 • Assigned • 2.4mi
7/10
Timberline High School
Public 9-12 • Assigned • 1.3mi
6/10
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 • 98513
Average low and high temperatures (°F)
47
34
48
34
54
38
63
39
69
45
74
50
79
54
79
57
74
52
61
44
51
41
48
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.8 hours in
June and 1.8 hours in December, placing it below the
U.S. average for solar exposure.
8.8 hrs
1.8 hrs
JuneDecember
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