98501 Homes with Average Building Condition

98501 Homes with Average Building Condition

Welcome to Olympia, Washington, where the vibrant community of zip code 98501 awaits you! Nestled in the heart of Thurston County, this charming area is not just a place to live; it’s a lifestyle. Known for its picturesque landscapes and rich history, Olympia offers a unique blend of urban amenities and natural beauty.

Homes in zip code 98501 boast an average building condition, making them an excellent choice for those looking to invest in a property with potential. Whether you’re a first-time homebuyer or a seasoned investor, the diverse range of homes available here caters to various tastes and budgets. From cozy bungalows to spacious family residences, there’s something for everyone in this welcoming community.

Living in Olympia means enjoying a plethora of outdoor activities, with access to stunning parks, waterfronts, and hiking trails. The nearby Puget Sound offers breathtaking views and recreational opportunities, while the city itself is rich in cultural experiences, including art galleries, local theaters, and vibrant farmers' markets.

Moreover, Olympia’s commitment to sustainability and community engagement makes it an ideal place for families and individuals alike. With a strong sense of community and a variety of local events throughout the year, residents can easily connect and build lasting relationships.

Explore the charm of 98501 and discover your dream home in Olympia, where comfort meets opportunity, and every day feels like a getaway. Embrace the lifestyle you’ve always wanted in this enchanting Pacific Northwest gem!

Newest 98501 Homes with Average Building Condition

$385,000
2 Beds ⋅ 1 Baths ⋅ 2581951 MLS ⋅ ACTIVE Status
Charming Downtown Olympia Gem! This darling 2-bedroom, 1-bath home offers the perfect blend of character, convenience, and location. Beautiful hardwood floors flow throughout—no carpet! The updated bathroom adds a fresh, modern touch, while the natural gas furnace and gas cooktop provide efficient everyday comfort. The inviting front deck is the perfect spot to relax and enjoy your morning coffee. A versatile upstairs dormer room offers possibilities as a home office, hobby space, or potential third bedroom. The unfinished basement provides excellent storage or future expansion potential. Brand new roof and gutters! Situated on a corner lot with convenient alley parking and directly across from the Olympia Post Office, you'll be just minutes from downtown Olympia's restaurants, coffee shops, shopping, Capitol Campus, parks, and waterfront. Enjoy easy access to the vibrant Farmers Market, Percival Landing, and beautiful Capitol Lake. With 1,302 square feet and an unbeatable downtown location, this charming home is a wonderful opportunity for anyone looking to enjoy the best of Olympia living!

803 Jefferson Street SE, Olympia

Listing Broker: John L. Scott Shelton; Kristy D. Buck; 360-490-0958; kbuck@johnlscott.com

$439,000
3 Beds ⋅ 2 Baths ⋅ 2577898 MLS ⋅ ACTIVE Status
Nicely updated home in the heart of Tumwater! This 3-bedroom, 1.5-bathroom home features 1154+/- sq ft of living space on one level. New 97% high-efficiency furnace is ready for winter. Fresh interior paint, new lighting, LVP flooring and trim top the list of recent work. Newer roof, vinyl windows and On-Demand hot water are a bonus. Great floor plan offers comfortable living spaces, an inside laundry with ½ bath and a large 2 car garage. Covered patio is a great spot for BBQ’s and entertaining when the weather gets fussy. Fully fenced backyard with storage shed is ready for playtime. Home is conveniently located near shopping, restaurants and I-5. Tumwater schools.

237 Y Street SE, Tumwater

Listing Broker: Olympic Sotheby's Int'l Realty; Jeff Weeks; 360-790-4642; jeffweeks@greenerealty.com

$399,950
2566733 MLS ⋅ ACTIVE Status
Side-by-side duplex on a quiet dead-end road. Each unit features 1 bedroom and 1 bathroom, with a simple, functional layout. Both units offer a dedicated carport plus additional parking. Enjoy a convenient location close to shopping, town center, and everyday amenities, with easy access to bus lines and nearby freeways for commuters. **The 1-bedroom unit is currently vacant and available to show, providing an excellent opportunity for an owner-occupant ** Duplex next door is also for sale.

1508 1510 Fones Road SE, Olympia

Listing Broker: Better Properties N. Proctor; Josh J. Carlson; ; jcarlson@betterproperties.com

$475,000
3 Beds ⋅ 3 Baths ⋅ 2551966 MLS ⋅ ACTIVE Status
The Christy floor plan in The Preserve at Tumwater Place! Built in 2020, this 2,155 sq. ft. home offers 3 bedrooms, 2.25 baths, and a functional open-concept great room designed for comfortable everyday living and entertaining. The main floor features a versatile flex room, perfect for a home office, guest space, or additional living area. Upstairs you'll find a spacious bonus room, convenient laundry room, generously sized secondary bedrooms, including one with a walk-in closet, and a private primary suite with a walk-in closet and attached bath. Enjoy modern comfort in a thoughtfully designed home conveniently located near parks, trails, schools, shopping, and easy access to I-5 for commuting.

9219 Verbena Street SE, Tumwater

Listing Broker: eXp Realty; Breeonna Turcott; 253-380-1105; breeonna@tookerhomegroup.com

$2,200,000
2550358 MLS ⋅ ACTIVE Status
Exceptional investment opportunity in the heart of Downtown Olympia's Creative District. This historic mixed-use commercial building is occupied with eight established tenants, providing a diversified income stream from street-level retail, artist lofts, music studios, and office space. Located on the prominent corner of 4th Avenue and Franklin Street, the property offers approximately 180 feet of high-visibility frontage with strong pedestrian and vehicle traffic, metered street parking, and a public parking lot directly across the street. Less than one mile from the Washington State Capitol Campus, the property benefits from a strong daytime workforce, surrounding restaurants, retail, entertainment, and continued downtown revitalization. Situated within a federally designated Opportunity Zone, this asset offers potential tax advantages for qualified investors and significant long-term upside through rental growth, capital improvements, repositioning, or future redevelopment, subject to buyer verification.The established tenant mix has created a vibrant destination within Downtown Olympia while providing stable occupancy and consistent cash flow. A rare opportunity to acquire a well-positioned commercial asset with exceptional visibility, strong in-place income, and outstanding long-term investment potential in one of Olympia's premier commercial corridors. Ideal for investors seeking a stable asset with future appreciation potential in a highly desirable downtown location.

302 304 4th Avenue E, Olympia

Listing Broker: John L. Scott, Inc; Terry Vo; 253-241-3280; tvo@johnlscott.com

$1,199,000
2533889 MLS ⋅ ACTIVE Status
This is a rare opportunity to own a unique property in Tumwater's Brewery District. The flexible space includes an industrial warehouse, a secure private parking garage, and retail or office frontage on Custer Way. The building is well-suited for a brewery, tap room, or small contractor. Rare combination of street-level retail with warehouse. Opportunities like this do not come up often.

502 Custer Way, Tumwater

Listing Broker: Greene Commercial; Quint Newell; 360-688-8333; quintnewell@greenecommercial.com

$429,950
2480270 MLS ⋅ ACTIVE Status
Opportunity knocks with this side by side duplex located on a quiet dead end road. Each unit offers a simple, functional layout with 2 bedrooms, 1 bathroom on one side and 1 bedroom 1 bathroom on the other side. They each have dedicated carport plus additional parking. Excellent location—close to shopping, the town center, and everyday conveniences. Commuters will appreciate the easy access to the bus line and nearby freeways. **The one bedroom unit is vacant and available for showing, or owner occupancy options**

1512 1514 Fones Road SE, Olympia

Listing Broker: Better Properties N. Proctor; Josh J. Carlson; 253-222-6862; jcarlson@betterproperties.com

$549,000
3 Beds ⋅ 2 Baths ⋅ 2335359 MLS ⋅ ACTIVE Status
HISTORICAL 1901 HOME OFF 1.62 ACRES - NEW PRICE!!!! Next to Briggs Village. Zoned UV (Urban Village). Quiet and private setting with mature trees. Remodel or Development Opportunity! Keep the house, add units or remove and build multiple housing options! Adjacent lot (1.36ac may be available to purchase to combine). Large property with mature trees. Close to Olympia schools, Briggs YMCA, Starbucks, etc...

4700 Delta Lane SE, Tumwater

Listing Broker: RE/MAX Parkside Affiliates; Thomas Schrader; 360-480-9387; toms@remax.net

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