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408 9th Avenue SE

Olympia, WA 98501
  • $449,500
  • STATUS: Active
  • MLS #: 2386044
UPDATED: 43 min ago
$449,500
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,306
    SQFT
  • $344
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Windermere Prof Partners.
Mortgage Calculator is provided by BoomTown.

Description

Great Opportunity to own a well-maintained Duplex in downtown Olympia. Live in one and rent the other one or rent them both. 2 Units currently occupied and generating income. Unit #1 is 1 BR, 1 BA 832sf with private access to side/back yard, Unit #2 is upstairs unit with 1 BR, 1 BA 474 sf. Both units are equipped with R/O, Dishwasher, Fridge, W/D. Cap Rate of over 5%. 3 blocks from Capitol Campus, 1/2 block to Olympia Library and US Post office. Contact your agent or listing agent for more information.

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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 2025-11-07T17:16:04.76. 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 2025-11-07T17:16:04.76. 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/164619590
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408 9th Avenue SE Olympia, WA 98501

  • Price: $449,500
  • Status: Active
  • On Site: Days
  • Updated: 43 min ago
  • MLS #: 2386044
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1,306
SQFT
$344
$/SQFT
1920
Built
Neighborhood:
Olympia
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 in downtown Olympia. Live in one and rent the other one or rent them both. 2 Units currently occupied and generating income. Unit #1 is 1 BR, 1 BA 832sf with private access to side/back yard, Unit #2 is upstairs unit with 1 BR, 1 BA 474 sf. Both units are equipped with R/O, Dishwasher, Fridge, W/D. Cap Rate of over 5%. 3 blocks from Capitol Campus, 1/2 block to Olympia Library and US Post office. Contact your agent or listing agent for more information.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features WoodWood Products Lot Features AlleyCorner LotCurbsPavedSidewalk Lot Size Dimensions 40x60 Open Parking Spaces 0 Open Parking YN No Parking Total 0 Parking Uncovered Spaces 0 Roof Composition Structure Type Duplex Style Code 52 - Duplex 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 1306 Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring Engineered HardwoodLaminateVinylCarpet Heating Wall Unit(s) Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association Fee 0 Association YN No Energy Source ElectricNatural Gas First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 23233 New Construction YN No Possession See RemarksSubject to Tenant Rights Possible Use Multi-FamilyResidentialRetail Power Company PSE Power Production Type ElectricNatural Gas Property Condition Average Property Sub Type Multi Family Security Features Fully Fenced Senior Community YN No Sewer Sewer Connected Sewer Company City of Olympia Site Features Cable TVFenced-FullyGas AvailableHigh Speed Internet Special Listing Conditions None Tax Annual Amount 4809 Tax Year 2025 Units In Building Total 2 Water Company City of Olympia Water Source Public Year Built Effective 1979 Zoning Description Multi-FamilyResidentialRetail 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 2025-11-07T17:16:04.76. 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 2025-11-07T17:16:04.76. 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 Windermere Prof Partners.
Mortgage Calculator is provided by BoomTown.