About this home

PRICE IMPROVEMENT!! Excellent Location & Strong Investment Opportunity! Well-maintained units in great condition, featuring thoughtful interior updates completed over the past few years. The property benefits from ongoing city road improvements along Fones Road, enhancing accessibility and long-term value. Ideally situated in a close-in location and very close to a freeway exit, this property offers easy commuting and excellent convenience. Enjoy stable and reliable rental income in a highly accessible area. Located within an Opportunity Zone, providing potential tax advantages and appealing estate planning considerations. Owner-occupancy may be possible in Unit A—adding flexibility for investors or owner-users alike. Recent upgrades include: New roof (2025) New water heater Updated flooring Upgraded electrical panel Don’t miss this unique investment opportunity!

Exterior features

BrickWoodWood Products

Schools

Elementary

Buyer To Verify

Middle

Buyer To Verify

High

Buyer To Verify

Property details

Heating: Baseboard
Cooling: None
Flooring: Laminate, Carpet
Lot: Corner Lot
Water source: Public
Sewer: Sewer Connected

Costs

Annual taxes: $6,996 (2025)

Estimate your monthly payment

$3,895/mo

Principal & interest: $3,312
Property taxes: $583

Down payment (20%) $131,000 Interest rate (%) Loan term (years)

Loan amount $524,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Olympia, WA 98501

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Kelly Right RE of Seattle LLC— Sateesh Kanchukatla.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

Interested in this home?

Request a private tour or ask a question — a local agent will respond personally.