Listed by RE/MAX Northwest
$575,000

Estimated payment $3,406/month

Total Views 69
4 Beds
2 Baths
1,750 Sq Ft
$329 Price per Sq Ft

Highlights

  • Very Popular Property
  • Deck
  • High Speed Internet
  • Reeves Middle School Rated A-
  • No HOA
  • Partially Fenced Property

About This Home

Very well-maintained duplex in tranquil park-like setting on dead-end street within city limits, offering great tenant appeal and reliable strong investment performance. Exhaustive enhancements and repairs done with quality workmanship; as a result projected maintenance costs into the foreseeable future are extremely low (see supplements). Tenants value the prime yet very secluded location, resulting in a low vacancy rate and quick turnover. Each unit features 2 bedrooms,1 dual access bath, private & spacious yards, carport parking with storage lockers & garden sheds. Appliances included. Extremely solid, well-cared-for investment in a desirable rental location.

Listing Agent

Susan Wise

RE/MAX Northwest License #15110 Listed on: 01/15/2026

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2469046

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,146

Year Built

  • Built in 1973

Lot Details

  • 0.29 Acre Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Property is in good condition

Parking

  • 2 Covered Spaces

Home Design

  • Duplex
  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,750 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Heating System Mounted To A Wall or Window
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association
  • East Bay Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 09480065003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,146

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 1973
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 1750
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Block
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Septic
  • WaterCompany: Septic
  • CableConnected: Comcast
  • InternetConnected: Comcast

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Not Applicable
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

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

Lot Info

  • Parcel Number: 09480065003
  • Lot Size Acres: 0.2873
  • Lot Size Sq Ft: 12515
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,High Speed Internet
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • LotNumber: 1

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 3990

Tax Info

  • Year: 2025
  • Tax Annual Amount: 5146

Multi Family

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

MLS Schools

  • Elementary School: Buyer To Verify

Map

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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 $4,395 $490,900 $271,600 $219,300
2023 $4,395 $420,000 $207,800 $212,200
2022 $3,468 $349,000 $157,700 $191,300
2021 $3,683 $290,000 $134,700 $155,300
2020 $3,349 $285,100 $108,400 $176,700
2019 $2,798 $252,800 $124,800 $128,000
2018 $2,903 $215,400 $92,400 $123,000
2017 $2,633 $210,450 $80,350 $130,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2026 01/15/26 For Sale $575,000 -- $329 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $212,000 First American Title
Quit Claim Deed $159,036 None Available
Quit Claim Deed -- Thurston County Title
Quit Claim Deed -- Thurston County Title
Trustee Deed $132,200 None Available
Quit Claim Deed -- None Available
Warranty Deed $222,000 Thurston County Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $20,600 Construction
Previous Owner $135,069 Seller Take Back
Previous Owner $226,773 VA
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2469046

Northwest Multiple Listing Service (NWMLS)

APN: 09480065003