Lease length:Contact for details
120 Water St. NW
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. West facing apartment holds this one bedroom floor plan . The windows are tall and on purpose as you view the water . Eat at countertop, tons of cabinet storage, and great common area. The laundry closet has extra storage space to keep the place tidy. NO carpet anywhere in the unit, window coverings are white roller shades for privacy, but you can still see out! All the walls are white, but wait until you see the kitchen in person, the color is fabulous! Air conditioning is installed with an energy efficient system. •No smoking •12 month lease required •Application fee: $50.00 (non refundable) •Deposit: 1 months rent+ 25% due at approval process to secure unit. (take off market) •Pet Friendly with deposit: 25% of 1 months rent per pet DOG rent$35.00 CAT rent $50.00monthly •Tenants pay water/sewer/garbage $120.00 (monthly) •Parking: $90.00 monthly through building if available OR (annually through the cityofolympia.org)1 spot per unit maximum, limited spots to less then ½ the building. •Proof of renters insurance required Minimum credit score of 680
Last updated Sep 25, 2026
Amenities
- Air conditioning: Other
- Dishwasher
- Parking: Other
- View
- Washer & dryer: Other
Neighborhood
120 Water St. NW, Olympia, WA, 98501
Policies & fees
Security deposit:$1,975
Amount refundable:Contact for details
Pets:Allowed
Small Dogs Allowed, Large Dogs Allowed, Cats Allowed
Monthly pet fee:Contact for details
Pet deposit:Contact for details
Application fee:Contact for details
Screening required:No
Smoking:N/A
Utilities
Contact for details
- Cable/satellite
- Electric
- Garbage
- Gas
- HOA fees
- Internet
- Water
- Sewer
- Renters insurance
Property highlights
- Pet friendly: cats & dogs are welcome in Olympia, WA
- Spacious 1-bed, 1-bath layout with 610 sq ft
Frequently asked questions
Yes, pets are welcome at 120 Water St. NW, Olympia, WA, 98501. Breed restrictions and additional fees may apply, so please speak with the owner or property manager for more information.
There is parking available at this apartment. Fees may apply depending on the type of parking offered, so please speak with the owner or property manager for details.
Utility information for this property is not listed. Please speak with the owner or property manager for details.
This apartment at 120 Water St. NW, Olympia, WA, 98501 is available starting Oct 26th.
A common guideline is to spend no more than 30% of your gross income on rent. At $1,975/month, that generally works out to around $79,000/year in income. Exact requirements can vary by owner or property manager, so please confirm directly with them.
This apartment at 120 Water St. NW, Olympia, WA, 98501 has 1 bedroom, 1 bathroom and 610 square feet of living space.
Price and availability subject to change.