Well-maintained and full of classic charm, this 2,588+/- sq ft duplex is a rare find in Olympia’s highly desirable South Capitol neighborhood. Each unit offers 3 spacious bedrooms and 2 bathrooms, blending vintage character with functional living. A fantastic investment opportunity, this property provides strong cash flow potential for investors or is ideal for owner-occupants looking to offset their mortgage with rental income. Located just minutes from the Capitol Campus and vibrant downtown Olympia, enjoy easy access to shops, dining, parks, and more. Whether you're building your portfolio or seeking a home with added financial benefit, this duplex delivers flexibility, charm, and prime location. Come see today!
Active
Listed by:
John Stormans,
Olympic Sotheby's Int'l Realty,
Jim Greene,
Olympic Sotheby's Int'l Realty
Price cut: $25K (7/31)
$600,000
525 527 16th Avenue SE, Olympia, WA 98501
6beds
4baths
2,588sqft
Est.:
Duplex
Built in 1960
-- sqft lot
$595,700 Zestimate®
$232/sqft
$-- HOA
What's special
Functional livingVintage characterSpacious bedroomsClassic charm
- 78 days
- on Zillow |
- 767 |
- 49 |
Zillow last checked: 7 hours ago
Listing updated: July 31, 2025 at 11:13am
Listed by:
John Stormans,
Olympic Sotheby's Int'l Realty,
Jim Greene,
Olympic Sotheby's Int'l Realty
Source: NWMLS,MLS#: 2380406

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Other – See Remarks, Electric
Cooling
- None
Features
- Flooring: Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 2,588
- Total interior livable area: 2,588 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Open
- Carport spaces: 2
- Uncovered spaces: 2
Lot
- Size: 8,276.4 Square Feet
- Features: Cul-De-Sac, Curbs, Sidewalk, Cable TV, Deck, Fenced-Partially, High Speed Internet
Details
- Parcel number: 09690024000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1960
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of Olympia
- Water: Public, Company: City of Olympia
- Utilities for property: Xfinity, Xfinity
Community & HOA
Community
- Subdivision: Capital Campus
Location
- Region: Olympia
Financial & listing details
- Price per square foot: $232/sqft
- Annual tax amount: $6,332
- Date on market: 5/22/2025
- Listing terms: Cash Out,Conventional,VA Loan
- Cumulative days on market: 80 days
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