Listed by Asa Shigley, RE/MAX Advantage
- 1,802
- Square feet
- $291
- Per sq ft
- Multi Family
- Type
- 1969
- Year built
- 7,200 sq ft
- Lot
- 93
- Days on market
About this property
Turnkey Olympia duplex with solid cash flow and low owner expenses. Both units are rented month-to-month, producing $2,600/mo with owner costs of $512/mo, offering immediate income and stability. Well-maintained property in a quiet SE Olympia neighborhood close to shopping, parks, and commuter routes. Each unit features living spaces and dedicated parking. Ideal for investors or owner-occupants seeking reliable rental income.
Location & commute
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Jeff's Neighborhood Guide
Get to know the Olympia South area
Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.
Property details
Listing details
- Listing number
- #2563101
- Listed
- August 1, 2026
- Days on market
- 93
- Price per sq ft
- $291
- Original list price
- $550,000
Unit & building
- Stories in building
- 1
- Units in building
- 2
Parking
- Covered spaces
- 2
- Total spaces
- 4
Views
- View
- Territorial
Construction
- Year built
- 1969
- Style
- 52 - Duplex
- Structure
- Duplex
- Roof
- CompositionTorch Down
Heating & cooling
- Heating
- Forced Air
- Cooling
- Forced Air
- Energy source
- ElectricWood
Flooring
- Flooring
- VinylCarpet
Lot
- Lot features
- SecludedSidewalk
- Lot size
- 7,200 sq ft
Terms
- Terms offered
- ConventionalVA Loan
Utilities
- Water
- City of Tumwater
- Sewer
- City of Tumwater
- Power
- Puget Sound Energy
Schools
- District
- Tumwater
- Elementary
- Buyer To Verify
- Middle
- Buyer To Verify
- High
- Buyer To Verify
What stands out to you?
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- Territorial view
- Vinyl
- Carpet
Listing history
Listed
$550,000
August 1, 2026
Current price
$525,000
Derived from current MLS listing fields.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$3,058
- Principal & interest
- $2,655
- Property tax (est.)
- $403
Assumes $105,000 down (20%), a $420,000 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.
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Based on information submitted to the MLS GRID as of November 2, 2026 at 7:10 PM PST. 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.