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$622,000
2267147 MLS SOLD Status
This charming duplex presents a very special opportunity: Live on one side & rent the other, purchase as long-term multi-family investment, or connect both units as one owner-occupied home. It’s in a perfect location – on a bus line, close to town, parks, schools & amenities, yet it feels like living in the country with a peaceful, grown-in setting. Both units feature generous living space, 2 BR/1 BA, plus additional room for laundry, storage & a bonus room at 2525. You’ll love the warm hardwood flooring & light-filled interior. Appreciate one-story living, a brand-new roof, vinyl windows & recently installed mini-split heat pumps. The front & back yards are completely fenced, and all appliances are included for a move-in-ready experience.

2523 -2525 Bethel Street NE, Olympia

Listing courtesy of Riley Jackson Real Estate Inc.. Selling Office: Olympic Sotheby's Int'l Realty.

$555,000
2253229 MLS SOLD Status
Seller to credit buyer $5,000 at closing! This property is a treasure for both investors and homeowners! The versatile layout offers endless possibilities, with a fully updated kitchen featuring granite countertops and top-quality appliances. The main floor blends classic charm with modern updates, refinished hardwood floors, a cozy fireplace, & renovated bathroom. Lower level adds significant value with separate living space that includes two bedrooms, kitchen, and bathroom, all accessible through a private entrance from the backyard. Separate electrical panels, hot water heaters, & washer/dryer hookups ideal for multi-generational living & rental income potential. Off street parking and a dedicated easement.

600 Boulevard Road SE, Olympia

Listing courtesy of eXp Realty. Selling Office: eXp Realty.

$581,000
2249035 MLS SOLD Status
INVESTOR ALERT! Incredible investment opportunity with this like-new duplex in Northeast Lacey, offering over 7% CAP rate and minimal maintenance. This property features completely updated units - brand new paint, flooring, & electrical (fully permitted & updated to current code). Private patios & RV Parking w/ dedicated 30amp service, perfect for additional rental income or personal use. Side A is vacant and ready for showing; Side B is tenant-occupied. Both units are identical, mirror image floorplans. Transform this property into an easy 3 unit revenue-generating investment with minimal effort. Minutes from I-5 at Nisqually. Owner is also willing to convey trailer storage which has historical rental income of additional $150/month.

10905 Kuhlman Road SE, Olympia

Listing courtesy of Kenzie Properties LLC. Selling Office: Riley Jackson Real Estate Inc..

$476,000
2228010 MLS SOLD Status
Great location and close to everywhere a tenant would want to be! These 2 BR 1.5 bath units feature 1155 sq. ft (per unit), fresh exterior paint, private backyards w/ low maintenance fencing with each unit having their own separated space. Deck w/beautiful brand-new cedar privacy panel. Newer carpet, pad, vinyl, and appliances in one unit. The other unit is the mirror image and offers newer appliances. Both units have brick fireplaces, sliding glass doors that leads onto the deck as well as eat-in kitchens. Good sized closets in bedrooms. Very functional layout. Carports with additional parking in driveway. Close to I-5. Walking distance to downtown, shops, restaurants, etc. Fantastic rental history. Tenant pays all utilities!

1313 1315 10th Avenue SE, Olympia

Listing courtesy of Virgil Adams Real Estate, Inc.. Selling Office: RE/MAX Northwest.

$715,000
2214311 MLS SOLD Status
Wonderfully maintained 3BR/2.5 bath each side. Same owner for over 20 years has maintained the units carefully. Roof, gutters and Hardi-Plank siding approximately 2014. FAG furnace and hot water heaters have been updated. Back patio, fenced yards. Long term tenants pay very low rents. Income was not a concern of current owner/family trust. Both tenants are on a month to month lease. POTENTIAL ALERT: Similar duplexes in age, size, 3/2.5, condition and nbrhd sold in October 2023 for $735,000 and $740,000 respectively both with rents of $1900 and $2200 per side. Cap rate reflects that owner currently pays W/S/G to offset cost of irrigation water, could be modified in several ways. This would make a wonderful owner occupied duplex.

1022 & 1026 Bethel Street NE, Olympia

Listing courtesy of Coldwell Banker Evergreen. Selling Office: Van Dorm Realty, Inc.

$599,999
2207838 MLS SOLD Status
INVESTORS ALERT! Step into this HUGE 2200 sq ft fully remodeled duplex with a brand-new roof, new fence, and 1 car garage. Ideal location near major stores, I5, JBLM, St. Martins Univ, and more. Modern kitchen with quartz countertops, tile backsplash, and sleek appliances. Stylish bathrooms with new cabinets. Spacious rooms, fresh paint, and LVP throughout, separate laundry room with hookups in each unit. The exterior boasts a landscaped oasis with a modern charm, private driveway and a fenced backyard that backs into a vast green belt. Ideal for attracting quality tenants. Seize this exceptional opportunity in this high-demand rental market, where current rents align with market rates. Act fast to capitalize on this investor's dream.

5219 Rumac St SE Unit #A & B, Olympia

Listing courtesy of John L. Scott, Inc.. Selling Office: Redfin.

$680,000
2183122 MLS SOLD Status
Investor's dream property! This duplex with 3 bedrooms, 1.5 baths and a 1 car garage on each mirrored side is ready for you and your future tenants. Many upgrades were just completed to include new flooring, fresh paint, lighting upgrades, new insulation, crawl space upgrades and more. Large lot (.55ac) with septic system and separately metered utilities. Historically has had long term residents with monthly rents of $1850/month and 5.5% cap rate. Newer roof and appliances. Don't miss out on this investment opportunity that is move-in ready. First time investors live in one side and rent out the other to start your investment portfolio. Schedule your private viewing today!

615 School Street SE Unit #A&B, Olympia

Listing courtesy of Realty One Group Bold. Selling Office: Realty One Group Imagine.

$640,900
2175201 MLS SOLD Status
Amazing investment opportunity with this updated duplex in highly desirable Eastside neighborhood! Gorgeous turnkey property with two units, both with 2 bed/1ba. Hidden behind a gate and privacy fence, you will be greeted by a beautifully restored home with gorgeous hardwood floors, updated custom kitchens and bathrooms with carefully selected high-end details. The larger unit has a finished bonus room downstairs plus storage room, and both units have outdoor patio space. In addition, each unit has 1 garage space plus driveway parking. This beautifully maintained duplex is a few doors down from the wonderful San Francisco Bakery and just blocks to the waterfront and downtown Olympia. You won’t be disappointed!

1206 San Francisco Avenue NE, Olympia

Listing courtesy of Redfin. Selling Office: Blade Realty LLC.

$535,000
2167645 MLS SOLD Status
Fantastic opportunity to own a duplex located in the Hawks Prairie community W/easy access to I-5! $1,650 rent/side- 6.4% cap rate. Both units offer a living room W/wood fireplace ft brick surround. Both W/open kitchens- Unit A W/newer cabinetry/Unit B W/originals, plenty of prep space, & appliances that stay! Dining area off kitchen! 2 oversized bedrooms & 1 full bath- including a primary bedroom W/dual closets. Unit A bathroom has been updated. Unit B W/original bathroom & sink only in primary. 1 car garage per unit (2 car garage total). Both units have a large, fenced yard W/patio area. Front porch for seating! Centrally located near shopping, restaurants, schools & entertainment! Minutes to parks/recreation. ~15 minutes to JBLM!

9133 Tolo Court NE Unit #A & B, Olympia

Listing courtesy of Keller Williams Realty. Selling Office: 2 By 2 Real Estate Solutions.

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