120 Water St. NW

Olympia, WA 98501

Apartment • Built N/A

$1,350

Available 10/5/2026
Beds Studio
Bath 1
Sq Ft 438
Smoking N/A
Pets Yes
Acres N/A

315

12 days
Call to see this unit today! (360) 742-4877

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 colored 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.

This studio is tucked on the back SE side. This studio has a efficient kitchen and is ADA accessible. Huge bathroom, No carpet anywhere in unit, AC unit, stackable washer and dryer, high ceilings. GYM access to all tenants 24/7.

The Madrone Features:
• Air-Conditioning
• In-Unit Washer and Dryer
• Pet-Friendly
• Luxury Vinyl Flooring, NO Carpet
• Beautiful Water Views in Select Units
• Large Windows
• Quartz Countertops and Stainless Appliances
• Elevator Access
• Dog-Walk Area
• Rooftop Community Area, Includes Seating + Fire Pit. Amazing Views of the Puget Sound, The Capitol Building, and Downtown Olympia.
• Onsite Parking Available for Rent
• Gym Downstairs with 24/7 Access

Requirements include:
•No smoking
•12-month lease required
•Application fee: $50.00 (non-refundable)
•Deposit: 1 months’ rent. 25% of this amount is due at approval process to secure unit.
•Pet Friendly with deposit: 25% of 1 months’ rent PER ANIMAL.
•ANIMAL RENT: $50.00 monthly per cat, $35.00 monthly per dog
•Cats and Dogs only. NO other animal approved.
•Tenants pay water/sewer/garbage $120.00 (monthly)
•Parking: $90.00 monthly through building if available
OR annually through the cityofolympia.org view their boundary map and fees.
•Proof of renters insurance required
Minimum credit score of 680
Can apply online @ urbanolympia.com
Call Teri to schedule 360-742-4877
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Contact Info

Urban Management Co LLC

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Policies

Pets • Allowed
Details

Small Dogs Allowed, Large Dogs Allowed, Cats Allowed

Smoking • N/A

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Cable/Satellite

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Sewer

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Lease Terms

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Security Deposit

$1,350

Amount Refundable

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Pet Deposit

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Monthly Pet Fee

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Application Fee

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Screening Required

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Price and availability subject to change.

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$1,350

Olympia, WA 98501

Available 10/5/2026