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517 Oso Berry Street NW, Olympia, WA, 98502

12beds
10baths
5,834sqft
$1,900,000
$326price/sqft
$11,766/moest. monthly cost
$470,640/yrincome needed

About This Home

Exceptional investment opportunity in West Olympia! This 4-plex features four spacious 3BD/2.5BA townhome-style units built in 2015. Each unit offers modern finishes, in-unit washer/dryer, stainless appliances, granite counters, and a 2-car garage. Strong rental income. 4.58% cap rate. Please do not disturb the tenants. Showings will be provided following an offer.

Getting Around

21
WalkingCar-Dependent
34
TransitSome Transit
54
BikeBikeable

Schools

3/10
McLane Elementary SchoolGrades PK-51.1 mi
8/10
Capital High SchoolGrades 9-121.1 mi

Construction

Condition

  • Property condition: Very Good
  • Year built: 2015

Materials

  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: 4-Plex
  • Property subType: Quadruplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 10

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 5,834
  • Total interior livable area: 5,834 sqft

Property

Details

  • Parcel number: 63630000500
  • Zoning description: Multi-Family,Jurisdiction: City
  • Special condition: Standard

Lot

  • Lot size: 7,405 sqft

Parking

  • Total spaces: 8
  • Parking features: Garage
  • Attached garage spaces: 8
  • Covered spaces: 8

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High

How This Home’s Risks Compare

Earthquake

FEMA Declared Disasters in Thurston County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $9,607$115,284
Home Insurance *$462$5,544
Property Taxes $1,298$15,576
Electricity $399$4,788
Total$11,766$141,192
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$403,405/yr
40% on housing$352,980/yr
45% on housing$313,760/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.8%
10.8%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$326This listing

vs Other Active Listings

Avg $/sqft

ZIP 98502$266
Thurston County$297

vs Homes Sold Last Month

Median $/sqft

ZIP 98502$328
Thurston County$285

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-26Listed for sale$2,000,000
2022-05-10Sold$1,615,500
2022-03-24Pending sale$1,500,000
2022-03-19Listed for sale$1,500,000
2016-05-18Listing removed$1,750
2016-01-25Price change$1,500
2016-01-22Listed for rent$1,450

For Sale by Agent

AgentAngad Mahal
BrokeragePacific Residential Brokers

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