1438 Fones Rd SE RD #A&B, Olympia, WA 98501 (MLS # 2513731)

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Listing provided courtesy of Northwest MLS; Kelly Right RE of Seattle LLC

PRICE $699,001 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 2,383 sqft
LOT SIZE 15,268 sqft
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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!

LAST UPDATED 5/7/2026 TRACT Olympia
YEAR BUILT 1955 COMMUNITY Olympia
GARAGE SPACES 2.0 COUNTY Thurston
STATUS Active PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Buyer To Verify
Jr. High School Buyer To Verify
High School Buyer To Verify


ADDITIONAL DETAILS
AIR None
AREA 448 - Olympia South
CONSTRUCTION Brick, Wood Siding
GARAGE Yes
HEAT Baseboard, Electric
LOT 0.3505 acre(s)
LOT DESCRIPTION Corner Lot
MLS STATUS Active
STORIES 1
STYLE 52 - Duplex
SUBDIVISION Olympia
TAXES 6996
UTILITIES Sewer Connected
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/17/26 7:36 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

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