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2429 Mitchell Avenue NE

Olympia, WA 98506
  • $500,000
  • STATUS: Active
  • MLS #: 2447769
UPDATED: 61 min ago
$500,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,584
    SQFT
  • $316
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1971
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Olympic Sotheby's Int'l Realty.
Mortgage Calculator is provided by BoomTown.

Description

Great opportunity to own a well-maintained duplex on the Eastside of Olympia with a 7.3% CAP RATE. Both units are 2 bedroom, 1 bathroom attached garages with large, fenced backyards on a dead-end street. Tenants pay water, garbage and the property is on septic so there's no monthly sewer cost to tenants. Seller is selling three other duplexes on the same street with the same floor plan and CAP RATE.

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IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Spokane are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-11-14T15:15:59.427. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-11-14T15:15:59.427. 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.
www.communityrealestategroup.com/homes/169233575
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2429 Mitchell Avenue NE Olympia, WA 98506

  • Price: $500,000
  • Status: Active
  • On Site: Days
  • Updated: 61 min ago
  • MLS #: 2447769
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1,584
SQFT
$316
$/SQFT
1971
Built
Neighborhood:
Bigelow
County:
Thurston
Area:
Olympia North
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify
School District:
Olympia
Property Description
Great opportunity to own a well-maintained duplex on the Eastside of Olympia with a 7.3% CAP RATE. Both units are 2 bedroom, 1 bathroom attached garages with large, fenced backyards on a dead-end street. Tenants pay water, garbage and the property is on septic so there's no monthly sewer cost to tenants. Seller is selling three other duplexes on the same street with the same floor plan and CAP RATE.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 2 Exterior Features Wood Products Lot Features Dead End Street Open Parking Spaces 0 Open Parking YN No Parking Total 4 Parking Uncovered Spaces 0 Roof Metal Structure Type Quadruplex Style Code 54 - 4-Plex View YN No Waterfront YN No

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 1584 Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring Vinyl Plank Heating Baseboard Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association Fee 0 Association YN No Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Slab Irrigation Water Rights YN No Listing Terms Cash OutConventionalFHA Net Operating Income 0 New Construction YN No Possession Closing Possible Use Multi-Family Power Company PSE Power Production Type Electric Property Sub Type Multi Family Security Features Fully Fenced Senior Community YN No Sewer Septic Tank Sewer Company Septic Site Features Cable TVFenced-FullyHigh Speed InternetPatio Special Listing Conditions None Tax Annual Amount 4759 Tax Year 2025 Units In Building Total 2 Water Company City of Olympia Water Source Public Zoning Description Multi-Family Zoning Jurisdiction City



IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Spokane are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-11-14T15:15:59.427. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-11-14T15:15:59.427. 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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Keller Williams Spokane
6515 W Clearwater, Ste 224
Kennewick WA, 99336
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Olympic Sotheby's Int'l Realty.
Mortgage Calculator is provided by BoomTown.