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JRJeff ReynoldsCompass · Seattle
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Active

Listed by Jesse Savage, Paramount Real Estate Group

1,608
Square feet
$303
Per sq ft
Multi Family
Type
1925
Year built
10,797 sq ft
Lot
0
Days on market

About this property

Turnkey rental income with immediate cash flow: Well maintained Olympia duplex offering an opportunity for investors, owner-occupants or multi-generational living. Conveniently located near Capital Mall, Evergreen State College, schools, grocery stores, restaurants, medical services, and major commuter routes. Bus stop located nearby for easy transit access. Situated on a 0.25-acre corner lot, each unit enjoys private living spaces, classic charm, separate fenced yard areas, lots of dedicated parking, washer and dryer, and outdoor space for gardening, pets, or recreation. Unit A features 2 bedrooms and 1 bathroom, while Unit B offers 1 bedroom plus bonus room/office, high ceilings and 1 bathroom, creating flexibility for a variety of tenants or owner-occupant needs. Floorplan available in photos. Fresh landscaping and ongoing owner maintenance have kept these units hassle-free. Positioned in Olympia's westside with convenient access to downtown Olympia, Highway 101, I-5 connections, military base JBLM, parks, shopping, and employment centers. This area has consistent rental demand due to nearby colleges, government employment, healthcare facilities, and regional employers. Add this well-located duplex to your investment portfolio or offset housing costs by occupying one unit while generating rental income from the other. Buyer to verify all.

Location & commute

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Directions

Property details

Listing details

Listing number
#2554345
Listed
July 17, 2026
Days on market
0
Price per sq ft
$303

Unit & building

Stories in building
1
Units in building
2

Parking

Total spaces
6

Views

View
Territorial

Construction

Year built
1925
Style
52 - Duplex
Structure
Duplex
Roof
Composition

Heating & cooling

Heating
Stove/Free StandingWall Furnace
Cooling
None
Energy source
Natural Gas

Flooring

Flooring
Ceramic TileLaminateVinylCarpet

Lot

Lot features
Corner LotPaved
Lot size
10,797 sq ft

Terms

Terms offered
CashConventionalFHAState BondVA Loan

Utilities

Water
City of Olympia
Sewer
City of Olympia
Power
PSE

Schools

District
Olympia
Elementary
Leland P Brown Elem
Middle
Jefferson Mid
High
Capital High

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
  • Stove/Free Standing
  • Wall Furnace
  • None
  • Natural Gas
  • Ceramic Tile
  • Laminate
  • Vinyl
  • Carpet
  • Corner Lot

Listing history

  1. Listed

    $487,777

    July 17, 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

$2,840

Principal & interest
$2,466
Property tax (est.)
$374

Assumes $97,555 down (20%), a $390,222 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 17, 2026 at 8:15 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.