1327 Horne Street NE, Olympia, WA 98516

$629,995
2,160
SqFt

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Listing courtesy of Real Broker LLC.

List Price
$629,995
Status
ACTIVE
MLS#
2575338
Days on Market
0
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
2,160
Area Total SqFt
2160
Annual Tax Ammount
5431.12
Lot Size (sq ft)
9,363
Sewer
Septic Tank

Property Description

This beautiful duplex is ready for its next owner. House is sound and has been lovingly updated with new flooring throughout, brand new windows (with transferable lifetime warranty), new fence, new water heater in 1327 and new tub in 1329. All appliances stay. Roof is less than 10 years old. This duplex is consistently rented with high occupancy percentage. Elementary school located right across the street. Great location, close to JBLM, shopping, and the I-5 corridor.

Additional Information

List Date
2026-09-01 21:57:18
Community
Hawks Prairie
Net Operating Income
$43,200
Gross Adjusted Income
$47,880
Gross Scheduled Income
$50,400
Total Monthly Income
$4,200
Insurance Expenses
$1,584
Water/Sewer/Garbage Expenses
$3,180
Gross Rent Multiplier
11
Total Expenses
$14,996
Cap Rate
6
Vacancy Rate
8
Total Number of Units
2
Unit Name
1327
Potential Terms
Assumable, Cash, Conventional, VA Loan
Year Built
1971
View
Territorial
Roof
Composition
Site Features
Fenced-Fully
Other Expenses
4800
Energy Source
Electric
School District
North Thurston
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$4,200
Gross Scheduled Income
$50,400
Vacancy Rate
8
Gross Adjusted Income
$47,880
Tax Year
2026
Insurance Expense
$1,584
W/S/G Expenses
$3,180
Total Expenses
$14,996
Net Operating Income
$43,200
Gross Rent Multiplier
11
Cap Rate
6
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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