1438 Fones Rd SE #A&B, Olympia, WA 98501
1438 Fones Rd SE #A&B, Olympia, WA 98501
1438 Fones Rd SE #A&B, Olympia, WA 98501
1438 Fones Rd SE #A&B, Olympia, WA 98501
1438 Fones Rd SE #A&B, Olympia, WA 98501
1438 Fones Rd SE #A&B, Olympia, WA 98501
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Packy Rieder

Packy Rieder

+1(253) 720-7515
Listed by:Kelly Right RE of Seattle LLC • Sateesh Kanchukatla
$ 675,000
Est. payment | /mo

5 Beds

3 Baths

2,383 SqFt

Save
$ 675,000
Est. payment | /mo
Save

5 Beds

3 Baths

2,383 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,383 sqft

Price per Sqft $283

Subdivision Olympia

MLS Listing ID 2513731

Style 52 - Duplex

Bedrooms 5

Year Built 1955

Annual Tax Amount $6,996

Lot Size 0.351 Acres

Property Sub-Type Multi Family

Property Description

PRICE IMPROVEMENT!! Excellent Location & Strong Investment Opportunity! Well-maintained units in great condition, featuring thoughtful interior updates completed over the past few years. The property benefits from ongoing city road improvements along Fones Road, enhancing accessibility and long-term value. Ideally situated in a close-in location and very close to a freeway exit, this property offers easy commuting and excellent convenience. Enjoy stable and reliable rental income in a highly accessible area. Located within an Opportunity Zone, providing potential tax advantages and appealing estate planning considerations. Owner-occupancy may be possible in Unit A—adding flexibility for investors or owner-users alike. Recent upgrades include: New roof (2025) New water heater Updated flooring Upgraded electrical panel Don't miss this unique investment opportunity!

Location

State WA

County Thurston

Area 448 - Olympia South

Interior

Flooring Laminate, Carpet

Fireplace false

Exterior

Exterior Feature Brick, Wood, Wood Products

Garage Spaces 2.0

View Y/N No

Roof Type Composition

Building

Lot Description Corner Lot

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District North Thurston

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby Locations

Packy Rieder
Packy Rieder

Broker Associate | License ID: 45740

+1(253) 720-7515 | 1theriederssellhomes@gmail.com

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1438 Fones Rd SE #A&B