2326 Bigelow Street NE, Olympia, WA 98506

$402,000
1,728
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of Keller Williams South Sound. Selling Office: BHGRE - Northwest Home Team.

Sold Price
$402,000
List Price
$399,000
Status
SOLD
MLS#
2424496
Closing Date
Nov 26, 2025
Days on Market
4
Style
52 - Duplex
Building Condition
Fair
Finished SqFt
1,728
Area Total SqFt
1728
Annual Tax Ammount
4483
Internet Provider
Xfinity/Comcast
Lot Size (sq ft)
11,500
Sewer
Septic Tank

Property Description

Excellent investment opportunity in Olympia! Duplex with strong potential, both units currently rented well below market value, offering immediate upside. Roof was replaced last year, new PEX plumbing installed, and newer laminate flooring in living areas, kitchens, and bathrooms adds durability and appeal. Conveniently located near shopping, schools, and commuter routes. Being sold strictly as-is, seller will make no repairs. A great chance to add value through updates, rental increases, or future improvements. Don’t miss this income-producing property with room to grow!

Additional Information

List Date
2025-11-22 00:00:00
Community
Olympia
Net Operating Income
$17,117
Gross Adjusted Income
$21,600
Gross Scheduled Income
$21,600
Total Monthly Income
$1,900
Gross Rent Multiplier
18.47
Total Expenses
$4,483
Cap Rate
4.28
Vacancy Rate
100
Total Number of Units
2
Unit Name
2326
Potential Terms
Cash Out, Conventional
Year Built
1978
View
Territorial
Roof
Composition
Site Features
Cable TV
Energy Source
Electric
School District
Olympia
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$1,900
Gross Scheduled Income
$21,600
Vacancy Rate
100
Gross Adjusted Income
$21,600
Tax Year
2025
Total Expenses
$4,483
Net Operating Income
$17,117
Gross Rent Multiplier
18.47
Cap Rate
4.28
Based on information submitted to the MLS GRID as of . 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks