1204 88th Ave SE Olympia, WA 98501
Estimated payment $2,279/month
Highlights
- No HOA
- Baseboard Heating
- Wood Siding
- East Olympia Elementary School Rated A-
- Partially Fenced Property
- Vinyl Flooring
About This Home
Discover an exceptional investment opportunity with this duplex situated in a highly desirable Tumwater location, offering quick access to I-5, shopping, parks, and everyday amenities. Each unit features 2 bd and 2 bath, one side with a garage and the other a carport, providing flexible functionality for future tenants. Set on a large lot with ample potential, the property is in rough condition and ready for a full renovation—ideal for investors, flippers, or anyone looking to add value and maximize rental income in a sought-after area.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2500915
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,078
Year Built
- Built in 1967
Lot Details
- 16,553 Sq Ft Lot
- Lot Dimensions are 65'x103'x181'x176'
- Partially Fenced Property
Parking
- 2 Car Garage
Home Design
- Duplex
- Brick Exterior Construction
- Poured Concrete
- Composition Roof
- Wood Siding
- Wood Composite
Interior Spaces
- 1,785 Sq Ft Home
- 1-Story Property
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Outdoor Features
- Outbuilding
Schools
- Peter G Schmidt Elementary School
- George Wash Bush Mid Middle School
- Tumwater High School
Utilities
- Baseboard Heating
- Septic Tank
Community Details
- No Home Owners Association
- Tumwater Subdivision
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 12713230406
Map
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $4,144 | $509,400 | $260,000 | $249,400 |
| 2024 | $4,144 | $462,100 | $252,200 | $209,900 |
| 2023 | $4,144 | $413,800 | $200,600 | $213,200 |
| 2022 | $4,032 | $416,700 | $220,800 | $195,900 |
| 2021 | $3,616 | $342,500 | $184,700 | $157,800 |
| 2020 | $3,438 | $281,700 | $100,600 | $181,100 |
| 2019 | $3,224 | $259,600 | $146,100 | $113,500 |
| 2018 | $3,110 | $240,900 | $110,000 | $130,900 |
| 2017 | $2,944 | $224,250 | $97,050 | $127,200 |
| 2016 | $2,309 | $186,100 | $69,800 | $116,300 |
| 2014 | -- | $161,500 | $73,900 | $87,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/13/2026 04/13/26 | Pending | -- | -- | -- |
| 04/11/2026 04/11/26 | For Sale | $350,000 | -- | $196 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2500915
APN: 12713230406
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Ask me questions while you tour the home.