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$450,950
4 Beds ⋅ 2 Baths ⋅ 2562735 MLS ⋅ ACTIVE Status
Outstanding opportunity in a highly desirable Olympia location! Featuring two income-producing 2-bedroom, 1-bath homes on one lot, plus a separate adjacent building lot zoned 4–8 units per acre alos for sale. Currently rented, offering immediate returns with future upside. 523 is 769 sq. ft., built in 1962, and has been updated with a newer roof, flooring, and siding, and rented for $1,670.00 a month, while the front home, 521, is 839 sq. ft., built in 1965, and presents an opportunity for improvement with some TLC (currently rented on a month to month for a VERY low rent of $787.50). Each residence includes an adjacent carport. Developers and investors will appreciate the flexibility, purchase the adjacent lot and build while maintaining rental income, or explore options to condominiumize or short-plat for individual resale, with alley access available (buyer to verify). A rare combination of location, income, and development potential! Each lot is 5,779 square feet. Recent inspections have been completed and are available upon request. Do not disturb the tenants. Viewing of the interior will be upon mutual acceptance of the offer. What a great investment! The cap rate, GSI, etc., are based on unit 521 being rented for the same amount as unit 523.

521 & 523 Boulevard Road SE, Olympia

Listing courtesy of Keller Williams Realty PS.

$99,950
2562734 MLS ⋅ ACTIVE Status
Outstanding opportunity in a highly desirable Olympia location! Lot zoned for 4–8 units per acre, 53' X 110' and commercial zoning is across the street. Ideal for multifamily units (buyer to verify). All utilities are in the street. The adjacent lot with two houses that are currently rented is also for sale, offering immediate returns with future upside. 523 is 769 sq. ft., built in 1962, and has been updated with a newer roof, flooring, and siding, and rented for $1,670.00 a month, while the front home, 521, is 839 sq. ft., built in 1965 and needs some TLC (currently rented for a VERY low $787.50, month to month). Both are 2 bedrooms, 1 bath + carport. Purchase both lots for even a bigger footprint. With alley access available (buyer to verify). A rare combination of location, income, and development potential! Do not disturb the tenants in the houses. What a great investment!

5 XX Boulevard Road SE, Olympia

Listing courtesy of Keller Williams Realty PS.

$549,000
2517453 MLS ⋅ ACTIVE Status
Outstanding opportunity in a highly desirable Olympia location! Featuring two income-producing 2-bedroom, 1-bath homes on one lot, plus a separate adjacent building lot zoned 4–8 units per acre. Currently rented, offering immediate returns with future upside. 523 is 769 sq. ft., built in 1962, and has been updated with a newer roof, flooring, and siding, and rented for $1,670.00 a month, while the front home, 521, is 839 sq. ft., built in 1965, and presents an opportunity for improvement with some TLC (currently rented for a VERY low rent of $787.50). Each residence includes an adjacent carport. Developers and investors will appreciate the flexibility—build on the additional lot while maintaining rental income, or explore options to condominiumize or short-plat for individual resale, with alley access available (buyer to verify). A rare combination of location, income, and development potential! The listing reflects the combined sq. footage of 521 and 523, and each lot is 5,779 square feet. Taxes are $4,658.11 for 521 and 523, $1,824.27 for the lot. Recent inspections have been completed and are available upon request. Do not disturb the tenants. Viewing of the interior will be upon mutual acceptance of the offer. What a great investment! The cap rate, GSI, etc., are based on unit 521 being rented for the same amount as unit 523.

521 & 523 Boulevard Road SE, Olympia

Listing courtesy of Keller Williams Realty PS.

$549,000
4 Beds ⋅ 2 Baths ⋅ 2516854 MLS ⋅ ACTIVE Status
Outstanding opportunity in a highly desirable Olympia location! Featuring two income-producing 2-bedroom, 1-bath homes on one lot, plus a separate adjacent building lot zoned 4–8 units per acre. Currently rented, offering immediate returns with future upside. 523 is 769 sq. ft., built in 1962, and has been updated with a newer roof, flooring, and siding, and rented for $1,670.00 a month, while the front home, 521, is 839 sq. ft., built in 1965, and presents an opportunity for improvement with some TLC (currently rented for a VERY low rent of $787.50). Each residence includes an adjacent carport. Developers and investors will appreciate the flexibility—build on the additional lot while maintaining rental income, or explore options to condominiumize or short-plat for individual resale, with alley access available (buyer to verify). A rare combination of location, income, and development potential! The listing reflects the combined sq. footage of 521 and 523, and each lot is 5,779 square feet. Taxes are $4,658.11 for 521 and 523, $1,824.27 for the lot. Recent inspections have been completed and are available upon request. Do not disturb the tenants. Viewing of the interior will be upon mutual acceptance of the offer. What a great investment!

521 & 523 Boulevard Road SE, Olympia

Listing courtesy of Keller Williams Realty PS.

$479,000
3 Beds ⋅ 1 Baths ⋅ 2512109 MLS ⋅ ACTIVE Status
Eastside Treasure! Completely renovated -- totally turn-key! All new kitchen cupboards with quartz counters and new appliances, new bath vanity, shower surround and commode, all new luxury vinyl plank flooring, fresh paint throughout, new light fixtures, new carpet on stairs and in upstairs bedroom and loft. Roof and exterior paint just 4 years old. Windows are updated, electrical panel and wiring is updated. 2 bedrooms on the main floor, 1 bedroom and office/flex space upstairs. Sunroom doubles as utility room, and soooo many possible uses for it! Detached 524 SF garage with workspace and covered porch. Back steps completely rebuilt and ready to add a deck! Sunny Southern & Western exposure for gardening! Alley access behind home for convenience to detached garage. Walkable to Lion's Park, Vic's Pizza, Big Tom's and Ralph's Thriftway! (Some rooms virtually staged!)

1008 Frederick Street SE, Olympia

Listing courtesy of RE/MAX Advantage.

$575,000
4 Beds ⋅ 3 Baths ⋅ 2509625 MLS ⋅ ACTIVE Status
Price Improvement on July 27, 2026! Take another look at this great Eastside Olympia Location. Character abounds in this beautifully updated Craftsman. Entertain in large great room with easy care bamboo flooring. Large kitchen with custom cabinets, tile backsplash, stainless appliances, granite countertops, walk-in pantry, eating area and slider to private deck. Main floor primary bedroom suite with full bath and walk-in closet. Beautiful stairway leads to upstairs bedrooms with hardwood floors and a large full guest bath. Oversized 2 car 720 sq ft garage with 2 electrical EV outlets. Efficient solar panels to keep your rising electrical costs down. Gas FA furnace with air conditioning for the hot summer days. Olympia School District.

426 Sawyer Street SE, Olympia

Listing courtesy of Century 21 Van Dorm Realty.

$449,500
2 Beds ⋅ 3 Baths ⋅ 2389321 MLS ⋅ ACTIVE Status
This stand-alone condo has been quietly overlooked—but it shouldn’t be. With fresh siding and new roofs already paid for, the big-ticket items are DONE. Step inside to sweeping city views, a chef’s kitchen built for entertaining, and a location that keeps you close to everything. Homes with this combination of updates, privacy, and scenery rarely sit—this one is simply waiting for the right buyer to look again. If you saw it before, it’s time for a second look.

813 McCormick Street SE, Olympia

Listing courtesy of Olympic Sotheby's Int'l Realty.

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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