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About the Listing 105 - 118596,155792
Great investment opportunity to add to your portfolio, offering instant cash flow. Located on Eastside of Olympia in the UGA, just outside of city limits. New city of Olympia landlord/tenant laws do not apply. 2011 built duplex has a 2 bed, 2 bath + extra finished room unit & other unit is 2 bed, 1 bath (4bd septic), newly remodeled/updated: LVP flooring, quartz counters, all new millwork, trim, Kitchen cabinets, appliances, doors, & fresh paint. Both units have a 1 car garage. This duplex sits on a large lot, just under half acre, Zoned to build 2 duplex's. Investor could build 2nd duplex if they hooked up to sewer. With a 6.34% cap rate, great location, Olympia schools, & future development potential.
Listing Highlights
Status
Active
Days on Site
7
Property Type
Multi-Family
MLS ®
2453507
Year Built
2011
Total Square Footage
2,422
Lot/Acreage
0.44
County
Thurston
Neighborhood
Eastside Olympia
Area
447 - Olympia North
School District
Olympia
Elementary School
Roosevelt Elementary
Middle School
Reeves Middle
High School
Olympia High
Interior Details
- Bedrooms: 4
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Vinyl Plank,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City of Olympia
Exterior Details
- Lot Description: Dead End Street,Paved,Cable TV,Deck,High Speed Internet,Patio,Zoning: Multi-Family,Residential
- Garage Capacity: N/A
- Parking Spaces: 7
- Zoning: Multi-Family,Residential
- Roof: Composition
- Others: Cement Planked
- Sewer: Septic
Financial Details
- Tax Amount: $6,873
- Taxes w/Assessments: N/A
- Tax/Property ID: 34201100203
- Tax Year: 2025
Payment Calculator
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Questions About..
503 Devoe St NE Olympia, WA 98506
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