Listed by Keller Williams South Sound
$399,000

2326 Bigelow Ave NE Olympia, WA 98506

Estimated payment $2,548/month

Total Views 404
4 Beds
2 Baths
1,728 Sq Ft
$231 Price per Sq Ft

Highlights

  • Popular Property
  • Territorial View
  • Baseboard Heating
  • Reeves Middle School Rated A-
  • No HOA
  • Carpet

About This Home

Excellent investment opportunity in Olympia! Duplex with strong potential, both units currently rented well below market value, offering immediate upside. Roof was replaced last year, new PEX plumbing installed, and newer laminate flooring in living areas, kitchens, and bathrooms adds durability and appeal. Conveniently located near shopping, schools, and commuter routes. Being sold strictly as-is, seller will make no repairs. A great chance to add value through updates, rental increases, or future improvements. Don’t miss this income-producing property with room to grow!

Listing Agent

Gail Smith

Keller Williams South Sound License #24002990 Listed on: 08/22/2025

Keller Williams South Sound

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2424496

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,483

Year Built

  • Built in 1978

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 100'x105'x100'x105'
  • Street terminates at a dead end

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,728 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Open Parking

Utilities

  • Baseboard Heating
  • Shared Well
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 68900300700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,483

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 1978
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 1728
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street
  • View: Yes
  • Waterfront: No
  • Construction Type: Stucco
  • Exterior Features: Stucco
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Shared Well
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Septic
  • WaterCompany: Shared Well
  • CableConnected: Xfinity/Comcast
  • InternetConnected: Xfinity/Comcast
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Olympia
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 68900300700
  • Lot Size Acres: 0.264
  • Lot Size: 100'x105'x100'x105'
  • Lot Size Sq Ft: 11500
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 18.47
  • LeasedItems: None
  • TotalMonthlyIncome: 1900

Multi Family

  • Gross Scheduled Income: 21600
  • Net Operating Income: 17117
  • Number Of Units Total: 2
  • Leasable Area: 1728
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 100

Tax Info

  • Year: 2025
  • Tax Annual Amount: 4483

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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Average Value
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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 $3,421 $422,300 $271,600 $150,700
2023 $3,421 $318,600 $164,100 $154,500
2022 $3,248 $302,300 $142,100 $160,200
2021 $3,512 $268,500 $127,500 $141,000
2020 $3,229 $269,100 $108,300 $160,800
2019 $2,696 $240,800 $124,300 $116,500
2018 $2,816 $203,200 $93,400 $109,800
2017 $2,609 $194,600 $78,500 $116,100
2016 $2,323 $179,250 $88,250 $91,000
2014 -- $167,650 $93,150 $74,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 For Sale $399,000 -- $231 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2424496

Northwest Multiple Listing Service (NWMLS)

APN: 68900300700