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JRJeff ReynoldsCompass · Seattle

Listed by Jason Munoz, Keller Williams South Sound

2,903
Square feet
$189
Per sq ft
Multi Family
Type
1926
Year built
5,000 sq ft
Lot
45
Days on market

About this property

Great Olympia investment opportunity featuring 2 tenant-occupied units plus a partially finished basement with future rental potential once completed! Charming property with strong income-producing possibilities in a convenient location near downtown Olympia, shopping, restaurants, parks, & I-5 access. Each unit offers functional living spaces with included appliances: refrigerator, stove, dishwasher, washer & dryer. Property features classic character, ample parking, & flexibility for investors or owner-occupants looking to offset expenses. Basement space provides additional upside opportunity for added income or expanded living area with an already finished third full size bathroom. Don’t miss this versatile multi-unit property with immediate cash flow & future potential! Interior photos coming soon.

Location & commute

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Directions

Property details

Listing details

Listing number
#2519345
Listed
May 7, 2026
Days on market
45
Price per sq ft
$189

Unit & building

Stories in building
2
Units in building
2

Parking

Total spaces
2

Views

View
Territorial

Construction

Year built
1926
Style
52 - Duplex
Structure
Duplex
Roof
Composition

Heating & cooling

Heating
Forced Air
Cooling
None
Energy source
ElectricNatural Gas

Flooring

Flooring
LaminateVinylCarpet

Lot

Lot features
CurbsPavedSidewalk
Lot size
5,000 sq ft

Terms

Terms offered
CashConventionalFHAVA Loan

Utilities

Sewer
Sewer Connected

Schools

District
Olympia

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Territorial
  • Duplex
  • Composition
  • Forced Air
  • None
  • Electric
  • Natural Gas
  • Laminate
  • Vinyl
  • Carpet
  • Curbs
  • Paved

Listing history

  1. Listed

    $549,900

    May 7, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$3,203

Principal & interest
$2,781
Property tax (est.)
$422

Assumes $109,980 down (20%), a $439,920 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 11:01 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.