Listed by WEICHERT, Realtors Reynolds RE
$350,000
SOLD JUN 17, 2026

1204 88th Ave SE Olympia, WA 98501

Olympia Area
4 Beds
2 Baths
1,785 Sq Ft
0.38 Acre Lot

Sale Details

Date Sold: June 17, 2026

$196 Per Sq Ft

Highlights

  • No HOA
  • Baseboard Heating
  • Wood Siding
  • East Olympia Elementary School Rated A-
  • Partially Fenced Property
  • Vinyl Flooring

About This Home

As of June 2026

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.

Last Agent to Sell the Property

Cara Bork

WEICHERT, Realtors Reynolds RE License #128105 Listed on: 04/11/2026

WEICHERT, Realtors Reynolds RE

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2500915

Northwest Multiple Listing Service (NWMLS)

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,078

Year Built

Built in 1967

Lot Details

0.38 Acres

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 1967
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • Structure Type: Duplex
  • CalculatedSquareFootage: 1785
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Laminate, Vinyl
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Construction Type: Brick, Wood
  • Exterior Features: Brick, Wood, Wood Products
  • Foundation Details: Poured Concrete

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 6

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Security: Partially Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: CCI Solutions
  • CableConnected: N/A
  • InternetConnected: N/A

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tumwater
  • High School: Tumwater High
  • Middle Or Junior School: George Wash Bush Mid

Lot Info

  • Parcel Number: 12713230406
  • Lot Size Acres: 0.38
  • Lot Size: 65'x103'x181'x176'
  • Lot Size Sq Ft: 16553
  • Zoning Description: Multi-Family,Residential
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Outbuildings
  • MLSLotSizeSource: Public
  • ZoningJurisdiction: City
  • LotNumber: 1

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Tax Info

  • Year: 2026
  • Tax Annual Amount: 5078.4

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Peter G Schmidt Elem

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2026
Closed on
Jun 12, 2026
Sold by
Bought by
Seller's Agent
Cara Bork
WEICHERT, Realtors Reynolds RE
List Price
$350,000
Sold Price
$350,000
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11439.00%

Purchase Details

Closed on
Aug 28, 2002
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $350,000 Thurston County Title
Interfamily Deed Transfer -- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/17/2026 06/17/26 Sold $350,000 0.0% $196 / Sq Ft
04/13/2026 04/13/26 Pending -- -- --
04/11/2026 04/11/26 For Sale $350,000 -- $196 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,078 $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
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2500915

Northwest Multiple Listing Service (NWMLS)

APN: 12713230406

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