4511 4513 19th Avenue SE, Olympia, WA 98503

$570,000
1,980
SqFt

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Listing courtesy of Olympic Sotheby's Int'l Realty. Selling Office: Olympic Sotheby's Int'l Realty.

Sold Price
$570,000
List Price
$580,000
Status
SOLD
MLS#
2482431
Closing Date
Jul 02, 2026
Days on Market
21
Style
52 - Duplex
Building Condition
Average
Finished SqFt
1,980
Area Total SqFt
1980
Annual Tax Ammount
5153
Lot Size (sq ft)
12,632
Sewer
Sewer Connected

Property Description

Rambler style duplex offering 2 bedrooms and 1.5 bathrooms per side with fireplace. Convenient Lacey location just minutes from amenities - bus lines, schools, shopping, freeway. Very private setting with back yard views of an open space currently used as community garden. One car garage per side plus guest spots. 1 unit is vacant and the other is currently leased at below market renting on a month to month.

Additional Information

List Date
2026-06-11 00:00:00
Community
Lacey
Net Operating Income
$30,747
Gross Adjusted Income
$38,400
Gross Scheduled Income
$38,400
Total Monthly Income
$3,200
Insurance Expenses
$2,500
Total Expenses
$7,653
Cap Rate
5.3
Total Number of Units
2
Unit Name
4511 4513
Potential Terms
Cash, Conventional, FHA
Year Built
1977
Roof
Composition
Site Features
Fenced-Partially, Patio
Energy Source
Electric
School District
North Thurston
Elementary School
Meadows Elem
Middle School
Komachin Mid
High School
Timberline High
Total Monthly Income
$3,200
Gross Scheduled Income
$38,400
Gross Adjusted Income
$38,400
Tax Year
2025
Insurance Expense
$2,500
Total Expenses
$7,653
Net Operating Income
$30,747
Cap Rate
5.3
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.
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