Estimated payment $2,903/month
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 Campus, 1/2 block to Olympia Library and US Post office. Contact your agent or listing agent for more information.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2386044
| 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 | $2,667 | $458,700 | $271,600 | $187,100 |
| 2023 | $2,667 | $254,500 | $93,500 | $161,000 |
| 2022 | $2,541 | $261,000 | $95,600 | $165,400 |
| 2021 | $2,757 | $212,300 | $66,500 | $145,800 |
| 2020 | $2,190 | $213,200 | $63,700 | $149,500 |
| 2019 | $1,926 | $165,100 | $59,900 | $105,200 |
| 2018 | $1,981 | $146,900 | $49,100 | $97,800 |
| 2017 | $1,637 | $130,550 | $28,550 | $102,000 |
| 2016 | $1,346 | $116,750 | $44,250 | $72,500 |
| 2014 | -- | $107,200 | $46,700 | $60,500 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/06/2025 06/06/25 | For Sale | $460,000 | +143.4% | $352 / Sq Ft |
| 10/15/2014 10/15/14 | Sold | $189,000 | -5.0% | $145 / Sq Ft |
| 08/01/2014 08/01/14 | Pending | -- | -- | -- |
| 06/23/2014 06/23/14 | Price Changed | $199,000 | -4.8% | $152 / Sq Ft |
| 05/29/2014 05/29/14 | For Sale | $209,000 | +30.6% | $160 / Sq Ft |
| 01/05/2012 01/05/12 | Sold | $160,000 | -20.0% | $143 / Sq Ft |
| 08/17/2011 08/17/11 | Pending | -- | -- | -- |
| 12/02/2010 12/02/10 | For Sale | $199,900 | -- | $178 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $188,719 | Stewart Title Of Western Wa | |
| Warranty Deed | $160,000 | Stewart Title | |
| Warranty Deed | $135,000 | First American Title | |
| Warranty Deed | -- | Pioneer Title Company |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $30,000 | Credit Line Revolving | |
| Open | $151,200 | New Conventional | |
| Previous Owner | $155,944 | FHA | |
| Previous Owner | $199,150 | Unknown |
$495,000
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
$525,000
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
$475,000
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
$399,000
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
Gail Smith Keller Williams South Sound
$525,000
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/
Aaron Nelson Skyline Properties, Inc.
$500,000
Investor Alert! Fantastic location in Olympia within the Wilderness Sub Division off of Blvd Rd. Duplex with long term tenants occupying each unit. Each unit has two bedrooms , one and one half baths, dining areas and fireplaces plus single car garages. New Dishwasher and Stove installed July 2025 in unit #2813. Kitchen in unit #2811 has Granite countertops. Easy access to public
Lisa Jech Designed Realty
$550,000
Attention Investors: Nice duplex near city of Lacey amenities within walking distance to groceries, restaurants and bigger shopping center. This duplex is located at the end street offering privacy. Spacious fenced backyard with some trees. Nice responsible and established tenants who wish to stay. A well-maintained single-story duplex, each unit offers 2-beds, 1-bath, utility room with washer
Margo Street Networks Real Estate LLC
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2386044
APN: 68700001000
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