• The Madrone - The Madrone Apartments

The Madrone Apartments

120 Water St NW, Olympia, WA 98501

- Map
Map
Floor Plan Summary
Monthly RentBedroomsBathrooms
$1,600 - $3,2001 - 2 1 - 2

Pricing and Floor Plans

1x1

$1,600 - $1,995
1 Bed, 1 Bath
589 - 644 Sq. Ft.

Show Floor Plan Details

2 Rentals Available
Unit
Price
Sq. Ft.
Available
210
$1,700
589
Now
501
$1,875
644
Now

2X2

$2,250 - $3,200
2 Beds, 2 Baths
868 - 972 Sq. Ft.

Show Floor Plan Details

2 Rentals Available
Unit
Price
Sq. Ft.
Available
216
$2,250
972
Now
406
$2,400
868
Now
* Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice. * Square footage definitions vary. Displayed square footage is approximate.
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Details

Lease Term Options

  • 12

Property Information

  • Built in 2023
  • 60 units / 5 stories

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

One-Time Move-In Fees

  • Administrative Fee
    $0
  • Application Fee
    $50

Property Highlights

LIVING BETTER IS EVERYONE'S DREAM and we found the DREAM view location! Named for the tree found near coastal waters, the Pacific Madrone symbolizes both beauty and enduring strength. The Madrone Apartments will echo those qualities for the Percival Landing corner of State Ave. and Water St. in downtown Olympia to become the place that you want to call home. Quality finishes include, brick exterior, expansive windows for the view, trending dual tone cabinetry, quartz countertops, in unit washer and dryer, and don't forget, air conditioning in every unit. Pet friendly building with a dog walking station on the roof top coming this summer! Limited parking for a monthly fee is also available. The Olympia locals agree that The Madrone is 10/10 walkability to local business, shopping, and numerous food options. You won’t be let down by the convenient location boasting the views of Budd Inlet, Capitol Lake, and the Capitol Rotunda Peak.

  • Roof Top Dog Walking Area With Decktop
  • Rooftop Access- Bbq /Fire Pits /Dog Walk

Apartment Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Heating
  • Island Kitchen
  • Oven
  • Patio
  • Quartz Countertops

Community Features

  • Elevator
  • Fitness Center
  • Grill
  • Roof Terrace
  • Trash Pickup - Curbside
  • Waterfront

Area Scores

Very Walkable
Walk Score®
82
Out of 100
Good Transit
Transit Score®
60
Out of 100
Biker's Paradise
Bike Score®
90
Out of 100

Transit

Commuter Rail
Olympia-Lacey Amtrak Station
19 min Drive
Amtrak

Moving to Downtown Olympia, Olympia, WA

Shopping Centers

Shoppers will appreciate The Madrone Apartments proximity to Market Centre, Hulbert Auto Park, and The Corner Shops. Market Centre is 0.7 miles away, and Hulbert Auto Park is within a 19 minute walk.

Commuting

With a TransitScore of 60, The Madrone Apartments has good transit, including 5 transit stops within 30 miles. Transit options include Olympia-Lacey Amtrak Station and Lakewood Station.

Parks and Recreation

Recreational activities near The Madrone Apartments are plentiful. Discover 5 parks within 0.9 miles, including Percival Landing, Heritage Park Fountain Park, and Hands On Children's Museum.

Property Details

LIVING BETTER IS EVERYONE'S DREAM and we found the DREAM view location!

Named for the tree found near coastal waters, the Pacific Madrone symbolizes both beauty and enduring strength. The Madrone Apartments will echo those qualities for the Percival...
Landing corner of State Ave. and Water St. in downtown Olympia to become the place that you want to call home.

Quality finishes include, brick exterior, expansive windows for the view, trending dual tone cabinetry, quartz countertops, in unit washer and dryer, and don't forget, air conditioning in every unit. Pet friendly building with a dog walking station on the roof top coming this summer! Limited parking for a monthly fee is also available.

The Olympia locals agree that The Madrone is 10/10 walkability to local business, shopping, and numerous food options. You won’t be let down by the convenient location boasting the views of Budd Inlet, Capitol Lake, and the Capitol Rotunda Peak.

The Madrone Apartments is located in Olympia, WA in the 98501 zip code.

Contact

Property Address:
120 Water St NW,
Olympia, WA 98501
Phone Number: (360) 634-0205
More Information:
View Property Website
Office Hours
  • SundayCLOSED
  • Monday9:00 AM - 5:00 PM
  • Tuesday9:00 AM - 5:00 PM
  • Wednesday9:00 AM - 5:00 PM
  • Thursday9:00 AM - 5:00 PM
  • Friday9:00 AM - 5:00 PM
  • SaturdayCLOSED

Renter Reviews

For The Madrone

5

1 Rating & Review

How Is This Rating Determined?

6/9/23

So far so good (brand new building)

Caveat: I've only lived here for around a week, and the building has only been open for around 3 weeks (I believe it opened May 15th, 2023).

But so far so good!

Building:
- Tenant pays all utilities. WSG is $120 per month, parking is $90, I got mid-tier internet from Xfinity for $35 a month, PSE for power (energy costs TBD). Rents obviously vary by unit.
- Great views, particularly water-facing ones but even the back side of the building is decent with views of the capital
- Seems to be well...
constructed. Nothing feels cheap or breakable. Appliances work well so far.
- Vaulted ceilings, tons of natural light
- One elevator and two stairwells
- Fantastic location
- Well insulated; I was surprised at how little noise there is from the street when the windows are closed. Windows open is a little road noisy, at least on the water side.
- Rooftop not yet open (as of June 2023) because it's not finished; they will have a dog walk/peeing area, and supposedly BBQs and patio furniture up there.
- In-unit AC and heater
- No other in-building amenities/community room/etc. it's a pretty simple building.
- Parking limited, will fill up quick as the building rents out.
- A few weird touches, like an exposed water heater in the bedroom closet and no hand towel rack installed in the bathroom (like ??) but in general the apartment feels high-end.
- Pet friendly
- NO BUZZER SYSTEM which is weird, you have to just walk down and let people in. Not a big deal if you're able-bodied but if you're less mobile this could be a problem for visitors and deliveries.
- No package storage. UPS/USPS/FedEx are supposed to deliver packages directly to your door (they have building keys). I was told that Amazon drivers may just leave packages in the lobby. We'll see.
- No bike storage room. They have bike hooks installed in the units - in mine it's in the bedroom. Kinda odd, I don't really want a bike hanging next to my bed haha.

Management:
- Teri (property manager) is friendly and seems to actually care about residents
- Urban Olympia (owner/developer) has a good reputation AFAIK. Also my friends have rented from Urban Olympia for years and have been happy with them.
- Pretty good lease terms; after 12 months, leases automatically convert to month-to-month with (allegedly) no rent increase
- Easy online portal for lease management/rent payments

Overall this seems like an excellent place to live. Again, this is a review of a brand new building so take it with a grain of salt.

Review from Apartments.com

8 People Found This Helpful

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