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 Aadding 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!
| MLS # | 2548425 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1955 |
| Days On Site | 53 |
| Listing Provided By | Kelly Right RE of Seattle LLC | Sateesh Kanchukatla |
| SQ Feet | 2,383 |
|---|---|
| Garage | 2 |
| Story(s) | 1 |
| Units | 2 |
| Acreage | 0.35 |
| Property | 6996 |
|---|
| State | WA |
|---|---|
| County | Thurston |
| City | Olympia |
| Zip Code | 98501 |
| Area | 448 Olympia South |
| Community Name | Olympia |
| School District | Buyer To Verify |
| Elementary School | Buyer To Verify |
| High School | Buyer To Verify |
| Listing VS Median (in Olympia) | |
Price: $665,000 low | high Med: $574,950 sqft: 2,383 low | high Med: 2,330 $ / sqft: $279 low | high Med: $247 On site: 53 low | high Med: 70 | |
| State | WA |
|---|---|
| County | Thurston |
| City | Olympia |
| Zip Code | 98501 |
| Area | 448 Olympia South |
| Community Name | Olympia |
| School District | Buyer To Verify |
| Elementary School | Buyer To Verify |
| High School | Buyer To Verify |
| Listing VS Median (in Olympia) | |
Price: $665,000 low | high Med: $574,950 sqft: 2,383 low | high Med: 2,330 $ / sqft: $279 low | high Med: $247 On site: 53 low | high Med: 70 | |