Listing Provided Courtesy Of:
RE/MAX Parkside Affiliates and NWMLS
423 Thomas Street NW Olympia, WA
$ 450,000
Property Attributes
  • ID#1859625
  • TypePending
  • CountyTHURSTON
  • CityOlympia
  • AreaOlympia Westside
  • NeighborhoodWestside
  • Zip98502
  • StyleDuplex
  • Year Built1964
  • Taxes$ 3222
  • Price$ 450,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1408
  • Lot Size7,261 SqFt
Listing Provided Courtesy Of:
RE/MAX Parkside Affiliates and NWMLS
Data Source:
Northwest Multiple Listing Service (NWMLS) - 21 - WA
Property Description

Duplex investment opportunity in a great location! Both units have been extensively overhauled in the last two years. Desirable 1 bed, 1 bath loft style units with vaulted ceilings. Nice open living space and cute functional kitchens with dining nooks. Right across the street from Garfield elementary, unit 423 has peek a boo views of Rainier and Ductless Mini Split. Each tenant has a covered carport stall. 4 storage units on site, 2 for the tenants and 2 "owner" units that could be rented out for additional income. These units stay full and are very easy to rent when a rare vacancy opens up. Don't miss out on this great opportunity to buy an updated and stabilized duplex with great tenants!

Elementary School Middle School High School
Garfield Elem Jefferson Mid Capital High
Price History
10/30/2021 Listed $450,000

General Features

Building Area Units Square Feet
Carport Spaces 2
Carport Y/N No
City Olympia
County Thurston
Directions Head E on Harrison Ave, Take a left on Thomas St, property will be on your left.
Elementary School Garfield Elem
Exterior Features Wood, Wood Products
Flooring Vinyl Plank, Carpet
High School Capital High
High School District Olympia
Insurance Expense 898
Leasable Area 1408
Lot Size Square Feet 7260
MLS Area 444 - Olympia Westside
Middle/Junior High School Jefferson Mid
Net Operating Income 27524
New Construction No
Open Parking Spaces 2
Possession Closing
Possible Use Multi-Family
Property Style 52 - Duplex
Property SubType Multi-Family
Property Type Residential Income
PropertyCondition Good
Roof Composition
Senior Community Y/N No
Sewer Sewer Connected
Special Listing Conditions None
Standard Status Pending
Status Pending Inspection
Street Name Thomas
Structure Type Duplex
Subdivision Name Westside
Tax Annual Amount 3222
Tax Year 2021
Terms Cash Out, Conventional, FHA, VA Loan
Total Units 2
Units Below Grade false
Units In Building Total 2
Utilities Cable Connected, High Speed Internet, Sewer Connected, Electricity Available
View Mountain(s), Territorial
Water Company City of Olympia
Water Sewer Garbage 2556
Year Built 1964
Zoning Class Multi-Family

Interior Features

Air Conditioning Y/N Yes
Electric On Property Y/N No
Fireplace Y/N No
Furnished Y/N Unfurnished
Heating Y/N Yes
Living Area Units Square Feet
Power Production Type Electric
Street Suffix Street
Total Stories 2

Exterior Features

Building Area Total 1408
Foundation Details Poured Concrete
Irrigation Water Rights Y/N No
Lot Features Alley, Curbs, Paved, Sidewalk
Lot Size Acres 0.1667
Lot Size Units Square Feet
Open Parking Y/N Yes
Parking Uncovered Spaces 2
Site Features Cable TV, Fenced-Partially, High Speed Internet, Outbuildings, Patio
Total Parking 4
View Y/N Yes
Water Source Public
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 98502

AVG $510K
AVG $3,828
AVG 53
Year Built
AVG 1997

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