About This Home
Excellent Location & Strong Investment Opportunity! Well-maintained units in great condition, featuring thoughtful interior updates completed over the past few years. The property benefits from ongoing city road improvements along Fones Road, enhancing accessibility and long-term value. Ideally situated in a close-in location and very close to a freeway exit, this property offers easy commuting and excellent convenience. Enjoy stable and reliable rental income in a highly accessible area. Located within an Opportunity Zone, providing potential tax advantages and appealing estate planning considerations. Owner-occupancy may be possible in Unit A—adding flexibility for investors or owner-users alike. Recent upgrades include: New roof (2025) New water heater Updated flooring Upgraded electrical panel Don’t miss this unique investment opportunity!
Home Highlights
Property Details
Beds & Baths
- Number of Bedrooms: 5
- Number of Bathrooms: 3
Dimensions and Layout
- Living Area: 2383 Square Feet
Heating & Cooling
- Heating: Baseboard,Electric
- ✓ No Cooling
- Air Conditioning: None
- ✓ Has Heating
- Heating Fuel: Baseboard
Fireplace & Spa
- ✓ No Fireplace
Gas & Electric
- Electric: Company: PSE
Windows, Doors, Floors & Walls
- Window: Thermal Windows
- Flooring: Laminate, Carpet
Levels, Entrance, & Accessibility
- Number of Stories: 1
- Floors: Laminate, Carpet
View
- ✓ No View
Exterior Home Features
- Roof: Composition
Parking & Garage
- Number of Garage Spaces: 2
- Number of Covered Spaces: 2
- Open Parking Spaces: 2
- ✓ No Carport
- ✓ Garage
- ✓ No Open Parking
- Parking Spaces: 4
- Parking: Garage
Frontage
- ✓ Not on Waterfront
Water & Sewer
- Sewer: Sewer Connected, Company: City of Olympia
Farm & Range
- ✓ Does Not Include Irrigation Water Rights
Surface & Elevation
- Elevation Units: Feet
Year Built
- Year Built: 1955
- Year Renovated: 1987
Property Type / Style
- Property Type: Residential Income
- Property Subtype: Multi Family
- Structure Type: Duplex
- Architecture: Duplex
Building
- Construction Materials: Brick, Wood Siding, Wood Products
Property Information
- Parcel Number: 11819140300
Price
- List Price: $699,001
- Price Per Sqft: $293
Status Change & Dates
- Possession Timing: Close Of Escrow
Direction & Address
- City: Olympia
- Community: Olympia
School Information
- Elementary School: Buyer To Verify
- Jr High / Middle School: Buyer To Verify
- High School: Buyer To Verify
- High School District: North Thurston
Listing Agent
- Listing ID: 2513731
Building Area
- Building Area: 2383 Square Feet
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| May 7, 2026 | Listed For Sale | $699,001 | NWMLS as distributed by MLS GRID #2513731 |
| Jun 20, 2025 | Sold | $600,000 | NWMLS as distributed by MLS GRID #2321579 |
| May 6, 2025 | Pending | $649,900 | NWMLS as distributed by MLS GRID #2321579 |
| Jan 11, 2025 | Listed For Sale | $649,900 | NWMLS as distributed by MLS GRID #2321579 |
| Jul 10, 2020 | ListingRemoved | $1,395 | Agent Provided |
| Jun 14, 2020 | Listed For Rent | $1,395 | Agent Provided |
| Jan 8, 2020 | ListingRemoved | $425,000 | Agent Provided |
| Sep 11, 2019 | Listed For Sale | $425,000 | Agent Provided |
| Dec 19, 2018 | Sold | $1,200,000 | NWMLS as distributed by MLS GRID #1370281 |
| Oct 6, 2018 | Pending | $1,200,000 | Agent Provided |
| Oct 3, 2018 | Listed For Sale | $1,200,000 | Agent Provided |