518 & 520 18th Avenue SE, Olympia, WA 98501

WA, Olympia
$585,000
  • 1,524 Sqft
  • Residential Income Property Type
  • 1959 Year Built
  • Expired Status
Property Description

Rare investment opportunity in Olympia’s south capitol neighborhood. Well maintained duplex on dead-end street. 2- bedrooms and 1-bath per side. Each side has a wood burning fireplace and mud sink. Duplex features 1-car garage per side and off-street parking. Near bus line, Capitol Campus, shopping, and I-5. Each unit has a fenced backyard. Low maintenance property with mature landscaping. Located in the desirable Olympia School District and Lincoln Elementary School service area. Buyer to verify possible conversion into extra unit or single-family home. Buyer also could live in one unit and rent the second. 1unit month-to-month, 1 unit 6-month agreements with existing renters. Long-term tenants, reflected in rent well below market rate.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2061984
  • Price: $585,000
  • View: Territorial
  • Square Footage: 1,524 Sqft
  • Year Built: 1959
  • Lot Area: 0.14 Acre
  • Status: Expired
  • Office Name: Better Properties - Metro
  • Agent Name: Terry Meyer
  • Property Sub Type: Multi-Family
  • Roof: Composition, Flat
Features
  • Heating System Wall Unit(s)
  • Cooling System Wall Unit(s)
  • Exterior Features Wood, Brick
  • Flooring Hardwood, Carpet, Vinyl
  • Interior Features Hardwood, Wall to Wall Carpet
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Thurston
  • City Olympia
  • Zipcode 98501
  • Street: 18th
  • Street Number: 518 & 520
  • Street Suffix: Avenue
  • Longitude: W123° 6' 17.3''
  • Latitude: N47° 1' 56.8''
  • Directions: From Capitol Way, East on 18th almost to the end of the road on the left.
  • Mls Area Major: 447 - Olympia North
  • Street Dir Suffix: SE
Neighborhood
  • Elementary School: Lincoln Elementary
  • High School: Olympia High
  • High School District: Olympia
  • Middle School: Wash Mid
Additional Information
  • Water Source: Public
  • Stories Total: 1
  • Possible Use: Multi-Family,Residential
  • On Market Date: 2023-05-04
  • Number Of Units Total: 2
  • Lot Features: Dead End Street, Paved, Sidewalk
  • Foundation Details: Block
Financial
  • Tax Annual Amount: 4181
Listing Information
  • List Agent Mls Id: 778046
  • List Office Mls Id: 2250
  • Listing Term: Cash Out,Conventional
  • Mls Status: Expired
  • Modification Timestamp: 2023-09-05T07:17:10Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2023-09-05T07:15:34Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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