503 Devoe Street NE, Olympia, WA 98506
Listed by Keenan French, Capitol Real Estate LLC
$659,000
503 Devoe Street NE, Olympia, WA 98506
Olympia, WA, 98506
- Built
- 2011
- Parking
- 11 spaces
Tour this home
Jeff Reynolds · Managing Broker, Compass
Start with a focused 15-minute call, then tour with a clear due-diligence plan.
- Multi Family
- Type
- 2011
- Year built
- 19,243 sq ft
- Lot
- 0
- Days on market
About this property
Great opportunity to acquire a freshly remodeled duplex in excellent condition with tremendous income producing potential. Or occupy one side and lease out the other to decrease your mortgage payment. Located on Olympia’s Eastside in the UGA, just outside city limits, this 2011-built duplex offers two established rental units plus potential to expand. The property includes a 3-bedroom, 2-bath unit with a 1-car garage and a fully remodeled 2-bedroom, 1-bath unit with a 1-car garage. The smaller unit has been extensively updated with LVP flooring, quartz countertops, new kitchen cabinets, appliances, doors, millwork, trim, and fresh paint. The nearly half-acre lot provides potential to develop an additional duplex, creating the possibility for four total units and increased income-producing capacity. Strong location, Olympia schools, existing rental income, and future possibilities for development. This is a great location within walking distance to most Eastside Olympia amenities, but has a rural feel of living in the country!
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2567540
- Listed
- August 11, 2026
- Days on market
- 0
Unit & building
- Stories in building
- 2
- Units in building
- 2
Parking
- Covered spaces
- 4
- Total spaces
- 11
Construction
- Year built
- 2011
- Style
- 52 - Duplex
- Structure
- Duplex
- Roof
- Composition
Heating & cooling
- Heating
- Forced Air
- Cooling
- None
- Energy source
- Electric
Flooring
- Flooring
- Vinyl PlankCarpet
Lot
- Lot features
- Dead End StreetPaved
- Lot size
- 19,243 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Water
- City of Olympia
- Sewer
- Septic
- Power
- PSE
Schools
- District
- Olympia
- Elementary
- Roosevelt Elementary
- Middle
- Reeves Mid
- High
- Olympia High
Listing history
Listed
$659,000
August 11, 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
$3,837
- Principal & interest
- $3,332
- Property tax (est.)
- $505
Assumes $131,800 down (20%), a $527,200 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

$799,900
1406 Eskridge Boulevard SE
Olympia, WA

$650,000
2723 Woodgrove Street SE
Olympia, WA

$600,000
7028 Boston Harbor Road NE
Olympia, WA
$470,000
2016 Dickinson Avenue NW
Olympia, WA

$485,000
2901 Applehill Court NE
Olympia, WA

$674,999
5405 Braywood Lane SE
Olympia, WA
Based on information submitted to the MLS GRID as of August 11, 2026 at 4:45 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.