About this property

Ask about the 2-1 Buydown for significantly lower monthly payments! Incredible opportunity to own a versatile Olympia investment property in the highly sought-after Olympia School District on nearly ¾ of an acre with two tax parcels. Perfect for homeowners, investors, multi-generational living, or house hackers, this 6-bedroom, 3-bath mid-century rambler includes an attached income-producing living area (approx. 640 SF) with a proven Airbnb history generating over $30,000 in annual gross income (currently below market potential). The main home offers a spacious kitchen, dining area, inviting living room with a stunning stone fireplace, vaulted-ceiling primary suite, and timeless architectural details including arched doorways. The additional vacant parcel offers potential to subdivide, build another home or ADU (buyer to verify), or hold as a long-term investment, making this a rare opportunity for future equity and development. Enjoy a peaceful greenbelt setting backing to the scenic Woodland Trail while remaining just minutes to downtown Olympia, parks, shopping, restaurants, I-5, Tacoma, and Seattle. Whether you're looking for a primary residence with rental income, a multi-generational home, or a property with development potential, this one checks every box!