Listed by Riley Jackson Real Estate Inc.
$650,000

9041 Steilacoom Rd SE Olympia, WA 98513

Meadows Neighborhood

Estimated payment $3,923/month

Total Views 367
6 Beds
6 Baths
2,468 Sq Ft
$263 Price per Sq Ft

Highlights

  • 0.51 Acre Lot
  • No HOA
  • Baseboard Heating
  • Meadows Elementary School Rated A-
  • Vinyl Plank Flooring
  • Partially Fenced Property

About This Home

Fantastic investment opportunity in Olympia! This well-maintained duplex features two spacious 3-bedroom, 2-bathroom units, each offering comfortable living and thoughtful updates. Enjoy cozy evenings by the fireplace, fresh interior paint throughout! Unit B also has new flooring including vinyl planking and carpet. The property boasts a large yard—perfect for outdoor living—and plenty of parking for residents and guests. A brand-new roof adds peace of mind and long-term value. Conveniently located near schools, shopping, and commuter routes, this duplex is ideal for investors or owner-occupants alike!

Listing Agent

Bird Bethje

Riley Jackson Real Estate Inc. License #122017 Listed on: 11/14/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2455155

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,999

Year Built

  • Built in 1995

Lot Details

  • 0.51 Acre Lot
  • Partially Fenced Property

Home Design

  • Duplex
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,468 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • Baseboard Heating
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Olympia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11813120007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,999

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 1995
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 2468
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Vinyl, Vinyl Plank, Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood Products
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: North Thurston

Lot Info

  • Parcel Number: 11813120007
  • Lot Size Acres: 0.512
  • Lot Size Sq Ft: 22301
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 13.2
  • LeasedItems: None
  • TotalMonthlyIncome: 4095

Tax Info

  • Year: 2025
  • Tax Annual Amount: 5999

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Electric,Natural Gas
  • UnitsBelowGrade: false

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $5,646 $564,000 $247,400 $316,600
2023 $5,646 $575,700 $218,400 $357,300
2022 $5,063 $513,400 $219,500 $293,900
2021 $4,617 $422,000 $184,900 $237,100
2020 $4,854 $358,000 $92,400 $265,600
2019 $3,823 $388,500 $172,200 $216,300
2018 $4,260 $303,500 $108,600 $194,900
2017 $3,772 $279,200 $90,600 $188,600
2016 $3,629 $230,550 $82,550 $148,000
2014 -- $264,000 $90,300 $173,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2025 11/14/25 For Sale $650,000 -- $263 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $319,400 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $255,520 Unknown
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2455155

Northwest Multiple Listing Service (NWMLS)

APN: 11813120007