$639,000
 $3,430 est/mo Sourced by Back At You

503 Devoe Street,Olympia, WA 98506

Olympia, WA 98506

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Description

Great opportunity to acquire a freshly remodeled duplex in excellent condition with tremendous income producing potential. Or occupy one side and lease out the other to decrease your mortgage payment. Located on Olympia's Eastside in the UGA, just outside city limits, this 2011-built duplex offers two established rental units plus potential to expand. The property includes a 3-bedroom, 2-bath unit with a 1-car garage and a fully remodeled 2-bedroom, 1-bath unit with a 1-car garage. The smaller unit has been extensively updated with LVP flooring, quartz countertops, new kitchen cabinets, appliances, doors, millwork, trim, and fresh paint. The nearly half-acre lot provides potential to develop an additional duplex, creating the possibility for four total units and increased income-producing capacity. Strong location, Olympia schools, existing rental income, and future possibilities for development. This is a great location within walking distance to most Eastside Olympia amenities, but has a rural feel of living in the country!

Details

MLS #2567540
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2011
Days On Site23
Listing Provided ByCapitol Real Estate LLC | Keenan French

Features

SQ Feet2,422
Garage3
Story(s)2
Units2
ZoningMulti-Family,Residential
Acreage0.44

Taxes

Property6873

Area Information

StateWA
CountyThurston
CityOlympia
Zip Code98506
Area447 Olympia North
Community NameEastside Olympia
School DistrictOlympia High
Elementary SchoolRoosevelt Elementary
High SchoolOlympia High
Listing VS Median (in Eastside Olympia)
Price:
$639,000
low | high
Med:
$479,000
75.039123630673% of Average
sqft:
2,422
low | high
Med:
1,864
73.038810900083% of Average
$ / sqft:
$264
low | high
Med:
$257
52.599118794791% of Average
On site:
23
low | high
Med:
14
100% of Average
Sourced by Back At You

Market Activity 98506

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Learn More About This Property

StateWA
CountyThurston
CityOlympia
Zip Code98506
Area447 Olympia North
Community NameEastside Olympia
School DistrictOlympia High
Elementary SchoolRoosevelt Elementary
High SchoolOlympia High
Listing VS Median (in Eastside Olympia)
Price:
$639,000
low | high
Med:
$479,000
75.039123630673% of Average
sqft:
2,422
low | high
Med:
1,864
73.038810900083% of Average
$ / sqft:
$264
low | high
Med:
$257
52.599118794791% of Average
On site:
23
low | high
Med:
14
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $479K - $798K
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
2112 Thurston Avenue Property Photo 1
$515,000
2112 Thurston Avenue
Olympia, WA 98506
510 Frederick Street Property Photo 1
$524,999
510 Frederick Street
Olympia, WA 98506
Listing Updated: August 31, 2026 at 11:36:19 AM PDT