About this property

NEW ROOF AND APPLIANCES! Well-maintained duplex in desirable northeast Olympia neighborhood offering flexibility for investors and owner-occupants alike. One unit will be vacant at closing, providing an excellent opportunity to move in and offset your mortgage with rental income, or place a new tenant and maximize cash flow. Cap rate exceeds 6%! Each unit features 2 bedrooms, 1 full bath, adaptable living areas, covered front porches, and sliding glass doors leading to private decks and a fully fenced shared backyard. Exceptionally spacious main living area with room to comfortably create separate living, dining, and work spaces while maintaining an open, inviting feel. This versatile layout offers flexibility rarely found in comparable duplex properties. The property has seen several meaningful updates, including a new roof in October 2025. Unit 1710 features a newer washer and dryer, while 1712 received a new stove range and dishwasher in June 2026. Expanded in 2006 with additional sqft and gabled roofline, this duplex offers generous floor plans and a functional layout that has broad tenant appeal. Ample off-street parking is available with dedicated driveway space for each unit. Conveniently located near downtown Olympia, Puget Sound waterfront access, local shops, restaurants, and the popular San Francisco Street Bakery, with easy access to I-5 for commuting. A solid investment opportunity in a location that continues to attract strong rental demand.