921 923 Central Street NE, Olympia, WA 98506

Show Photos

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

Listing Broker: Olympic Sotheby's Int'l Realty; Denise Steigers; 360-451-3549; denisesteigers@olympicsir.com

List Price
$475,000
Status
ACTIVE
MLS#
2588513
Days on Market
2
Style
52 - Duplex
Finished SqFt
1,620
Area Total SqFt
1620
Annual Tax Ammount
5161.88
Internet Provider
Xfinity
Lot Size (sq ft)
7,163
Sewer
Sewer Connected

Property Description

Great investment opportunity in Eastside Olympia! This duplex offers two units, each with 2 bedrooms, 1 bath, and a cozy fireplace. Outside features one car carport on each side and a fully fenced yard. This multi-family investment is in an amazing location, minutes to downtown Olympia. Such a great opportunity to add to your investment portfolio or live in one unit and rent the other to offset the mortgage!

Additional Information

List Date
2026-10-02 19:13:11
Community
Eastside Olympia
Net Operating Income
$20,398
Gross Adjusted Income
$27,360
Gross Scheduled Income
$28,800
Total Monthly Income
$2,400
Insurance Expenses
$1,800
Gross Rent Multiplier
16.49
Total Expenses
$6,961
Cap Rate
4.29
Vacancy Rate
5
Total Number of Units
2
Unit Name
921
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1976
Roof
Composition
Site Features
Fenced-Fully, High Speed Internet, Patio
Energy Source
Electric
School District
Olympia
Elementary School
Roosevelt Elementary
Middle School
Reeves Mid
High School
Olympia High
Total Monthly Income
$2,400
Gross Scheduled Income
$28,800
Vacancy Rate
5
Gross Adjusted Income
$27,360
Tax Year
2026
Insurance Expense
$1,800
Total Expenses
$6,961
Net Operating Income
$20,398
Gross Rent Multiplier
16.49
Cap Rate
4.29
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