210 Bethel Street Ne, Olympia, WA 98506

Local realty services provided by:Better Homes and Gardens Real Estate Pacific Commons
Listed by:justin kraft
Office:highmark partners
MLS#:2272921
Source:NWMLS
210 Bethel Street Ne,Olympia, WA 98506
$5,300,000
  • - Beds
  • - Baths
  • 18,088 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$5,300,000
  • Price per sq. ft.:$293.01

About this home

Introducing STATESIDE FLATS located at 210 Bethel St NE, Olympia, WA 98506. 27 units with 32 parking stalls, offering a lucrative investment listed at $5.3 million. Conveniently situated just blocks from downtown Olympia and the state capitol, residents enjoy easy access to transit and major roadways for seamless commuting. With a current cap rate of 6.31%, there is ample potential for a new owner to capitalize on rental upside. The property underwent significant renovations over the past three years, totaling approximately $600,000, including interior updates such as new flooring and cabinets, alongside exterior enhancements like new siding, roof replacement, and landscaping upgrades. *Disclosure Broker is part of the ownership group

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Home facts

  • Year built:1970
  • Listing ID #:2272921
  • Updated:October 08, 2025 at 05:54 PM

Rooms and interior

  • Living area:18,088 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Flat Roof
  • Year built:1970
  • Building area:18,088 sq. ft.
  • Lot area:0.6 Acres

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$5,300,000
  • Price per sq. ft.:$293.01
  • Tax amount:$34,143 (2024)
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of October 8, 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.

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