1438 Fones Road SE #A&B, Olympia WA, 98501
(NEW LISTING)
$649,900
|
2,383 sqft
|
MLS# 2321579
Last Updated: 1/12/2025 2:30 PM
Description for
1438 Fones Road SE #A&B
Olympia, WA 98501
Large Duplex with good rental income. Excellent location! Units are in great shape. With interior updates over the past few years. The city is bringing road enhancements along Fones road now. Close in location, easy freeway access, excellent stable rental income. Property is located in "opportunity zone" with tax benefits, might be an estate planning stategy. Take advantage of this unique opportunity. Owner occupied option may be available on Unit A. **Neighboring duplexes are also for sale**
Price
$649,900
Olympia
Thurston
2,383 (approx)
2321579
NEW LISTING
Description
Large Duplex with good rental income. Excellent location! Units are in great shape. With interior updates over the past few years. The city is bringing road enhancements along Fones road now. Close in location, easy freeway access, excellent stable rental income. Property is located in "opportunity zone" with tax benefits, might be an estate planning stategy. Take advantage of this unique opportunity. Owner occupied option may be available on Unit A. **Neighboring duplexes are also for sale**
Listing Information
| Property Type: Duplex, Multi-Family, 1 Story | ||
| 0.35 Acres | 2,383 (approx) | 1955 |
| 1 | Brick,Wood | Multi-Family |
Olympia
Public
Sewer Connected
Neighborhood
School Information
| Pleasant Glade Elem | Chinook Mid | North Thurston High |
Room Information
Interior Features
Hardwood, Vinyl, Laminate, Carpet
None
Electric Heating,
Baseboard
Laminate Hardwood,Wall to Wall Carpet
Exterior / Lot Features
4 Parking Spaces,
2 Covered Parking Spaces,
Wood, Brick
Patio
Composition
Dead End Street,Paved
Driving Directions
Pacific Ave head (North) to Fones Road head (East) on the left side of Fones Rd.
Financial Considerations
| 11819140300 |
| $5,593 |
Conventional, FHA, VA Loan
Listing Price History
Olympia Real Estate
Olympia is located in Washington. Olympia, Washington 98501 has a population of 55,848.
The median household income in Olympia, Washington 98501 is $77,652. The median household income for the surrounding county is $75,124 compared to the national median of $66,222. The median age of people living in Olympia 98501 is 41 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 1/11/2025 | Active | $649,900 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $3,657 USD | 11.39% | $374,500 USD | 34.37% |
| 2022 | $3,283 USD | -4.03% | $278,700 USD | 4.58% |
| 2021 | $3,421 USD | 16.56% | $266,500 USD | - |
| 2020 | $2,935 USD | 0.79% | $266,500 USD | 20.26% |
| 2019 | $2,912 USD | -0.95% | $221,600 USD | -5.50% |