Bought with: RE/MAX Advantage
$523,000
$499,999
4.6%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
2,168 SqFt
SOLD DATE : 07/24/2026
Key Details
Sold Price $523,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,168 sqft
Price per Sqft $241
Subdivision Olympia
MLS Listing ID 2541832
Sold Date 07/24/26
Style 52 - Duplex
Bedrooms 4
Year Built 1970
Annual Tax Amount $3,180
Lot Size 7,500 Sqft
Lot Dimensions 100' x 75'
Property Sub-Type Multi Family
Property Description
NEW ROOF AND APPLIANCES! Well-maintained duplex in desirable northeast Olympia neighborhood offering flexibility for investors and owner-occupants alike. One unit will be vacant at closing, providing an excellent opportunity to move in and offset your mortgage with rental income, or place a new tenant and maximize cash flow. Cap rate exceeds 6%! Each unit features 2 bedrooms, 1 full bath, adaptable living areas, covered front porches, and sliding glass doors leading to private decks and a fully fenced shared backyard. Exceptionally spacious main living area with room to comfortably create separate living, dining, and work spaces while maintaining an open, inviting feel. This versatile layout offers flexibility rarely found in comparable duplex properties. The property has seen several meaningful updates, including a new roof in October 2025. Unit 1710 features a newer washer and dryer, while 1712 received a new stove range and dishwasher in June 2026. Expanded in 2006 with additional sqft and gabled roofline, this duplex offers generous floor plans and a functional layout that has broad tenant appeal. Ample off-street parking is available with dedicated driveway space for each unit. Conveniently located near downtown Olympia, Puget Sound waterfront access, local shops, restaurants, and the popular San Francisco Street Bakery, with easy access to I-5 for commuting. A solid investment opportunity in a location that continues to attract strong rental demand.
Location
State WA
County Thurston
Area 447 - Olympia North
Interior
Flooring Ceramic Tile, Laminate, Vinyl
Fireplace false
Exterior
Exterior Feature Wood Products
Amenities Available Deck, Fenced-Fully, High Speed Internet
View Y/N No
Roof Type Composition
Building
Lot Description Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Olympia
Others
Senior Community No
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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