Great Opportunity to own a well-maintained Duplex in downtown Olympia. Live in one and rent the other one or rent them both. 2 Units currently occupied and generating income. Unit #1 is 1 BR, 1 BA 832sf with private access to side/back yard, Unit #2 is upstairs unit with 1 BR, 1 BA 474 sf. Both units are equipped with R/O, Dishwasher, Fridge, W/D. Cap Rate of over 5%. 3 blocks from Capitol Campus, 1/2 block to Olympia Library and US Post office. Contact your agent or listing agent for more information.
Active
Listed by:
Mark Kitabayashi,
Windermere Prof Partners,
Sandra Yescas,
Windermere Prof Partners
$460,000
408 9th Avenue SE, Olympia, WA 98501
2beds
2baths
1,306sqft
Est.:
Duplex
Built in 1920
-- sqft lot
$452,400 Zestimate®
$352/sqft
$-- HOA
What's special
- 67 days
- on Zillow |
- 1,026 |
- 52 |
Zillow last checked: 7 hours ago
Listing updated: July 11, 2025 at 08:43am
Listed by:
Mark Kitabayashi,
Windermere Prof Partners,
Sandra Yescas,
Windermere Prof Partners
Source: NWMLS,MLS#: 2386044

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Electric, Natural Gas
Cooling
- None
Features
- Flooring: Engineered Hardwood, Laminate, Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 1,306
- Total interior livable area: 1,306 sqft
Property
Lot
- Size: 2,478.56 Square Feet
- Dimensions: 40 x 60
- Features: Corner Lot, Curbs, Paved, Sidewalk, Cable TV, Fenced-Fully, Gas Available, High Speed Internet
Details
- Parcel number: 68700001000
- Zoning description: Multi-Family,Residential,Retail,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Average
- Year built: 1920
- Major remodel year: 1979
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of Olympia
- Water: Public, Company: City of Olympia
- Utilities for property: Dish/Comcast/Xfinity, Dish/Comcast
Community & HOA
Community
- Subdivision: Olympia
Location
- Region: Olympia
Financial & listing details
- Price per square foot: $352/sqft
- Tax assessed value: $458,700
- Annual tax amount: $4,809
- Date on market: 6/5/2025
- Listing terms: Cash Out,Conventional
- Cumulative days on market: 68 days
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