2015 2017 8th Court SW, Olympia, WA 98502
- $610,000
- 1,862
- SqFt
Listing courtesy of Windermere RE/Himlie.
- List Price
- $610,000
- Status
- ACTIVE
- MLS#
- 2543048
- Days on Market
- 39
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 1,862
- Area Total SqFt
- 1862
- Annual Tax Ammount
- 6115
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 12,815
- Sewer
- Sewer Connected
Property Description
Here is your opportunity to buy a duplex and become your own landlord, conveniently located on the Westside of Olympia. Both units are 2 beds / 1 bath and feature updated kitchens, appliances, water heaters, windows, and paint. Heat pumps for efficient heating and cooling, as well as real hardwood floors throughout the main living area. Individual garages, large private patios, and an expansive back yard helps this property appeal to the potential tenants of all sorts. Live in one side and have your tenant make half your mortgage payment or rent both, as it would cash flow. HOA maintained common area landscaping. Situated on a quiet dead-end street, this duplex is just minutes from schools, shopping, healthcare, HWY 101, and I5. One unit under lease, other being kept vacant for sales purposes.
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Additional Information
- List Date
- 2026-06-19 15:46:12
- Community
- Olympia
- Net Operating Income
- $32,645
- Gross Adjusted Income
- $44,400
- Gross Scheduled Income
- $44,400
- Total Monthly Income
- $1,850
- Insurance Expenses
- $2,160
- Water/Sewer/Garbage Expenses
- $3,480
- Gross Rent Multiplier
- 13.73
- Total Expenses
- $11,755
- Cap Rate
- 5.3
- Total Number of Units
- 2
- Unit Name
- 2015 2017
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1977
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Partially, High Speed Internet, Patio
- Energy Source
- Electric
- School District
- Olympia
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $1,850
- Gross Scheduled Income
- $44,400
- Gross Adjusted Income
- $44,400
- Tax Year
- 2026
- Insurance Expense
- $2,160
- W/S/G Expenses
- $3,480
- Total Expenses
- $11,755
- Net Operating Income
- $32,645
- Gross Rent Multiplier
- 13.73
- Cap Rate
- 5.3
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.