8th St NE & Alocasia St NE

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Address: 8th St NE, Washington, DC 20017, USA
Seattle & Northwest + Land/Development
Created date: August 19, 2026
Date last updated: November 10, 2026
Price: $1,525,000Investment Analyzer NEW!

Property Description

Outstanding opportunity to capitalize on Olympia’s continued demand for quality multifamily housing. Located just 10 minutes from Downtown Olympia with convenient access to the State Capitol Campus, waterfront, major employers, and the city’s vibrant collection of restaurants, retail, and entertainment. The site is located within minutes from a great mix of national retailers, dining options, and a wide variety of amenities along the Martin Way corridor. Healthcare access is a major advantage, with Providence St. Peter Hospital located less than 1 mile away, complemented by other nearby medical offices, specialty clinics, and urgent care facilities. Excellent regional connectivity with I-5 in close proximity, allowing easy commutes throughout Thurston County and north to Joint Base Lewis-McChord and Tacoma.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Land/Development
Price: $1,525,000
Year Built: 2025
Lot Size: 5.00 Acres
Opportunity Zone: No
Property Website Click Here
Address: 8th St NE & Alocasia St NE, Olympia, WA 98506, USA
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Investment Analyzer

Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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