Estimated Value: $540,198 - $605,000
Top of the class duplex located just up from downtown Olympia and minutes from the Capitol. Each unit is 1 BR 1 BA. Both units completely renovated in 2018. Updates include 30-year roof, interior and exterior paint, LVP flooring throughout, white painted doors and molding, kitchen cabinets, appliances and complete bathroom remodel. Each side has an oversized 1-car garage, with washer and dryer and lots of room for storage. Landlord pays for W/S/G (one meter) and landscaping. Amazing 6.8% cap rate. Always had very low turnover rate.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1867615
Home Type
Est. Annual Taxes
Year Built
Lot Details
Home Design
Interior Spaces
Parking
Schools
Utilities
Community Details
Listing and Financial Details
$535,000
This well-maintained duplex in Olympia's South Capitol neighborhood is an excellent investment opportunity, featuring two 2-bedroom, 1-bath units. It's ideal for both investors and owner-occupants. The single-story property includes a newer roof, a shared two-car garage with storage, and a private driveway. Each unit has private fenced backyards. Easy access to shopping, dining, public
Terrance Meyer Better Properties - Metro
$475,000
This well-kept duplex offers a fantastic investment opportunity with low tenant turnover & long-term rental stability. Perfect for investors or owner-occupants, this property features two distinct units. One unit boasts 3 beds & 1 bath. Other unit features 1 bed & 1 bath, plus a fireplace! Two dedicated parking spaces available. Brand new roof! Whether you’re looking to generate steady rental
Ron Rougeaux eXp Realty
$515,000
Don’t miss this incredible opportunity to own a fully updated and renovated duplex in one of Olympia’s most desirable locations. Featuring sleek stainless-steel appliances, brand-new Hardie siding throughout, and modern finishes, this property is truly move-in ready. Perfect for investors or owner-occupants alike, each unit offers comfortable living just steps from shops, restaurants, parks, and
Tyler Kanda Greene Commercial
$695,000
Incredible investment in this charming renovated Duplex of 2196 SF plus 844 SF finished basement - on large lot just minutes from Capitol Campus! 3 bed/1 bath (1835 sf) on one side and a 1 bed/1 bath (1205 sf) on the other. Each side includes private basement w/laundry. Newer hardi siding, windows & doors. AND, newer electrical, plumbing, kitchens, baths, appliances, flooring, driveway,
Jodi Ashline Coldwell Banker Evergreen
$625,000
Beautifully maintained home with apartment, in Olympia’s desirable Eastside neighborhood! On a corner lot with mature landscaping, this 1,572+/- sqft property has so much charm. 2 bed, 1 bath main house boasts mid-century character with refinished original hardwood floors, fresh interior paint, and stylish updates including new kitchen counters and backsplash. 1 bed 1 bath apartment is bright &
John Stormans Olympic Sotheby's Int'l Realty
$625,000
Located on a beautifully landscaped corner lot in Olympia’s Westside Neighborhood, this lovingly cared for 1638sqft 3 bed 2 bath main home w/basement and detached 432sqft ADU come together in one irresistible package. Main home features refinished hardwood floors, updated kitchen, large picture windows & upstairs primary suite. Expansive basement with 8’ ceiling is ripe w/potential. Across the
Benjamin Gaubert Olympic Sotheby's Int'l Realty
$575,000
First time on the market in almost 40 years! 50's vintage duplex located just minutes from downtown & Boston Harbor Marina, but outside the City of Oly rental jurisdiction. Very well maintained! Always rented as a shoes-off home, Unit A (Long term tenant on month to month lease) features 2 BR, 1 BA, 1-car garage with refinished oak HDWD floors, retro solid wood cabinets and newer appliances.
Paul Oczkewicz Virgil Adams Real Estate, Inc.
$550,000
Fantastic duplex ready for owner occupant or investor! One side has been thoroughly remodeled and is ready for occupancy. Fresh paint, new flooring, new cabinets/countertops, new tub/shower, mini-split and more. This duplex is the perfect kind of long term real estate investment, units are always rented, vacancy is low. The garages divide the units for noise privacy. Washer/dryer hookup are in
Phil Harlan Keller Williams South Sound
$599,900
Don’t miss this beautifully renovated duplex on nearly an acre, located on a quiet dead-end road with only one neighbor! Each unit has been thoughtfully updated with new vinyl plank flooring, quartz and granite countertops, modern fixtures, updated sinks, stylish lighting, trim, and fully remodeled bathrooms. Fresh interior paint throughout adds a bright, clean feel. This turnkey property is
Jesse Nelson Terrafin
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Peterson Jonathan W | $290,000 | Thurston County Title Co | |
| Leclerc Robert L | -- | -- | |
| Peters Michael Dawn Leclerc | -- | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Peterson Jonathan W | $300,000 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/07/2022 01/07/22 | Sold | $500,000 | +1.0% | $425 / Sq Ft |
| 11/29/2021 11/29/21 | Pending | -- | -- | -- |
| 11/25/2021 11/25/21 | For Sale | $495,000 | +70.7% | $421 / Sq Ft |
| 04/06/2018 04/06/18 | Sold | $290,000 | -7.9% | $247 / Sq Ft |
| 03/05/2018 03/05/18 | Pending | -- | -- | -- |
| 02/14/2018 02/14/18 | For Sale | $315,000 | -- | $268 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,323 | $460,300 | $271,600 | $188,700 |
| 2023 | $4,323 | $413,200 | $210,300 | $202,900 |
| 2022 | $3,317 | $372,600 | $189,300 | $183,300 |
| 2021 | $3,132 | $277,300 | $128,100 | $149,200 |
| 2020 | $3,141 | $242,300 | $106,500 | $135,800 |
| 2019 | $2,588 | $237,100 | $139,300 | $97,800 |
| 2018 | $2,588 | $192,000 | $110,500 | $81,500 |
| 2017 | $2,010 | $160,500 | $69,700 | $90,800 |
| 2016 | $1,877 | $165,800 | $101,400 | $64,400 |
| 2014 | -- | $149,800 | $107,000 | $42,800 |
Seller's Agent in 2022
Paul Oczkewicz
Virgil Adams Real Estate, Inc.
(360) 701-5278
3 in this area
222 Total Sales
M
Buyer's Agent in 2022
Mark Furman
Olympic Sotheby's Int'l Realty
Seller's Agent in 2018
Kathryn Franzen
Riley Jackson Real Estate Inc.
(360) 791-4170
63 Total Sales
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1867615
APN: 69400100300
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Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.