906 - 908 Adams St SE
Olympia WA 98501

906 - 908 Adams St SE

906 - 908 Adams St SE Olympia WA 98501

Listing #: 685259 | Status: Available | Last Modified: 4/7/2026 |

For Sale
Quint Newell
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 1,050,000.0
  • $/SF$ 198.9
  • $/Unit$ 1,050,000.0
  • Listing StatusAvailable
  • Days on Market632
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Financial Summary
  • CAP Rate 6.45 %
Associated Files
Building Information
  • Building StatusExisting
  • # of Buildings2
  • # of Floors2
  • # of Units9
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF5834
  • Net Rentable Area5280
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF14463
  • Acres0.33
Property Type
  • Property TypeMulti-Family
  • Office Type
  • Building Class
Location
  • CountyThurston
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaOlympia
  • Tax ID #78504900100
  • Additional Parcels78504900200
  • ZoningUR
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces0
  • Total Parking Spots0
  • Parking Ratio
Construction
  • Year Built1901
  • Year Renovated1964
  • Completion Date
  • Roof Type
  • Construction TypeFramed

Terrific Downtown 9 units with Parking!

Public Comments

Unique Investor or Developer Opportunity in Downtown Olympia! Don't miss this one! Listing includes a duplex and 7-plex on one parcel and a leased parking lot. Under market rents, all tenants on month to month tenancy. Units offer a mix of studios and one-bedrooms. Parking spots lease for $30/mo with over 20 stalls! Walk to downtown, waterfront, and shopping. Zoned UR (Urban Residential), allows for high-rise redevelopment or mixed-use opportunities!

Listing Images