Listed by Skyline Properties, Inc.
$525,000
$15K PRICE DROP

2012 Dickinson Ave NW Olympia, WA 98502

Estimated payment $3,268/month

Total Views 4,768
4 Beds
2 Baths
1,696 Sq Ft
$310 Price per Sq Ft

Highlights

  • Territorial View
  • Corner Lot
  • Baseboard Heating
  • Jefferson Middle School Rated A
  • No HOA
  • High Speed Internet

About This Home

This move-in ready duplex is an excellent house hack or investment opportunity! Tens of thousands of dollars of updates, including newer LVP flooring and interior paint, upgraded kitchens and bathrooms, double pane vinyl widows, in-unit W/D, and exterior paint make this a turn-key rental or home. Dedicated off-street parking and a shed to store your yard tools. Attractive Westside location w/ Olympia schools. Close to the bus line, shopping, restaurants and other amenities. Upstairs leased through Summer 2027; downstairs will vacate at closing.

Listing Agent

Aaron Nelson

Skyline Properties, Inc. License #127645 Listed on: 06/19/2025

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2393341

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,954

Year Built

  • Built in 1948

Lot Details

  • 9,777 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,696 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Open Parking

Schools

  • Leland P Brown Elementary School
  • Jefferson Mid Middle School
  • Capital High School

Utilities

  • Baseboard Heating
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Westside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 41600201600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,954

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 1948
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 1696
  • Special Features: None
  • Cumulative Days on Market: 73

Interior Features

  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Brick, Wood
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: City of Olympia
  • CableConnected: Xfinity
  • InternetConnected: Xfinity
  • WaterSewerGarbage: 1674

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Olympia
  • High School: Capital High
  • Middle Or Junior School: Jefferson Mid

Lot Info

  • Parcel Number: 41600201600
  • Lot Size Acres: 0.2244
  • Lot Size Sq Ft: 9777
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 3600

Multi Family

  • Gross Scheduled Income: 43200
  • Net Operating Income: 30856
  • Number Of Units Total: 2
  • Insurance Expense: 2356
  • Leasable Area: 1696
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2025
  • Tax Annual Amount: 4954

MLS Schools

  • Elementary School: Leland P Brown Elem

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $3,807 $472,600 $271,600 $201,000
2023 $3,807 $363,700 $180,600 $183,100
2022 $3,577 $368,500 $190,600 $177,900
2021 $3,606 $299,100 $144,800 $154,300
2020 $3,456 $279,100 $105,600 $173,500
2019 $2,947 $260,900 $140,100 $120,800
2018 $2,992 $222,000 $105,500 $116,500
2017 $2,456 $196,250 $84,750 $111,500
2016 $1,763 $160,400 $71,900 $88,500
2014 -- $140,600 $80,700 $59,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 Price Changed $525,000 -0.9% $310 / Sq Ft
07/17/2025 07/17/25 Price Changed $529,900 -1.0% $312 / Sq Ft
07/02/2025 07/02/25 Price Changed $535,000 -0.9% $315 / Sq Ft
06/19/2025 06/19/25 For Sale $540,000 -- $318 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Thurston County Title
Warranty Deed $90,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $318,750 New Conventional
Previous Owner $81,000 Unknown
Previous Owner $81,000 No Value Available
Source: Public Records

Similar Homes in Olympia, WA

  • 3526 6th Ave NW, Olympia, WA 98502

    $625,000

    • 4 Beds
    • 3 Baths
    • 1,888 Sq Ft
    • 3526 6th Ave NW
    • Olympia, WA

    INVESTOR ALERT! Great rents come with this extremely solid investment. Perfectly situated multi-family property on the Westside, just minutes from shopping, hospital, freeway, schools, and various amenities! One unit has been recently remodeled and the other given updates as well. Make an offer today and watch your investment grow!

    Spence Weigand Virgil Adams Real Estate, Inc.

    Section Image
  • 408 9th Ave SE, Olympia, WA 98501

    $460,000

    • 2 Beds
    • 2 Baths
    • 1,306 Sq Ft
    • 408 9th Ave SE
    • Olympia, WA

    Great Opportunity to own a well-maintained Duplex in downtown Olympia. Live in one and rent the other one or rent them both. 2 Units currently occupied and generating income. Unit #1 is 1 BR, 1 BA 832sf with private access to side/back yard, Unit #2 is upstairs unit with 1 BR, 1 BA 474 sf. Both units are equipped with R/O, Dishwasher, Fridge, W/D. Cap Rate of over 5%. 3 blocks from Capitol

    Mark Kitabayashi Windermere Prof Partners

    Section Image
  • 507 Kaiser Rd NW Unit A,B,C, Olympia, WA 98502

    $649,000

    • 4 Beds
    • 4 Baths
    • 1,902 Sq Ft
    • 507 Kaiser Rd NW
    • Unit A,B,C
    • Olympia, WA

    3 units, 2 houses, 1 lot! All 3 units operate as successful short term rentals. First house is 2 bedrooms divided into 2 units. Unit A has 1 bedroom, full bath & large kitchen w/door that opens to the expansive over 1/2 acre woodsy yard. A Dutch door opens to the attached carport. Unit B is a clever conversion: the primary suite has been transformed into a studio apartment complete w/3/4 bath,

    Gretchen Nogler Better Properties N. Proctor

    Section Image
  • 1230 1228 5th Ave E, Olympia, WA 98501

    $495,000

    • 3 Beds
    • 2 Baths
    • 1,150 Sq Ft
    • 1230 1228 5th Ave E
    • Olympia, WA

    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

    Section Image
  • 2011 Water St SW, Olympia, WA 98501

    $575,000

    • 2 Beds
    • 2 Baths
    • 1,316 Sq Ft
    • 2011 Water St SW
    • Olympia, WA

    This lovely view property next to a pocket park is in the South Capitol neighborhood which is one of Olympia's most sought-after areas; it's a peaceful area just minutes from the state capitol, markets, restaurants in downtown Olympia. This renovated duplex with beautiful refinished red oak floors has plenty of windows toward the lake; relax by the working wood stove upstairs or on the deck of

    Spence Weigand Virgil Adams Real Estate, Inc.

    Section Image
  • 1814 Franklin St SE, Olympia, WA 98501

    $475,000

    • 4 Beds
    • 2 Baths
    • 1,786 Sq Ft
    • 1814 Franklin St SE
    • Olympia, WA

    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

    Section Image
  • 525 527 16th Ave SE, Olympia, WA 98501

    $600,000

    • 6 Beds
    • 4 Baths
    • 2,588 Sq Ft
    • 525 527 16th Ave SE
    • Olympia, WA

    Well-maintained and full of classic charm, this 2,588+/- sq ft duplex is a rare find in Olympia’s highly desirable South Capitol neighborhood. Each unit offers 3 spacious bedrooms and 2 bathrooms, blending vintage character with functional living. A fantastic investment opportunity, this property provides strong cash flow potential for investors or is ideal for owner-occupants looking to offset

    John Stormans Olympic Sotheby's Int'l Realty

    Section Image
  • 518-520 18th Ave SE, Olympia, WA 98501

    $525,000

    • 4 Beds
    • 2 Baths
    • 1,524 Sq Ft
    • 518-520 18th Ave SE
    • Olympia, WA

    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

    Section Image
  • 1729 1725 5th Ave SE, Olympia, WA 98501

    $575,000

    • 3 Beds
    • 2 Baths
    • 1,572 Sq Ft
    • 1729 1725 5th Ave SE
    • Olympia, WA

    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

    Section Image

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2393341

Northwest Multiple Listing Service (NWMLS)

APN: 41600201600