408 9th Avenue SE Olympia, WA 98501

Property Photo: 408 9th Avenue SE WA 98501

Listing Courtesy of: MLS Logo

Northwest MLS / Windermere Professional Partners / Mark Kitabayashi / Sandra Yescas

408 9th Avenue SE Olympia, WA 98501

Active (83 Days)

$460,000

1,306

SQFT

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Description

Great Opportunity to own a well-maintained Duplex in downtown Olympia. Live in one and rent the other one or rent them both. 2 Units currently occupied and generating income. Unit #1 is 1 BR, 1 BA 832sf with private access to side/back yard, Unit #2 is upstairs unit with 1 BR, 1 BA 474 sf. Both units are equipped with R/O, Dishwasher, Fridge, W/D. Cap Rate of over 5%. 3 blocks from Capitol Campus, 1/2 block to Olympia Library and US Post office. Contact your agent or listing agent for more information.

MLS #:
2386044

Taxes
$4,809(2025)

Lot Size
2,478 SQFT

Type
Multifamily

Year Built
1920

Style
Duplex

School District
Olympia

County
Thurston County

Community
Olympia

Listed By

Mark Kitabayashi, Windermere Professional Partners
Sandra Yescas, Windermere Professional Partners

Source
Northwest MLS as distributed by MLS Grid
Last checked Aug 28 2025 at 5:13 PM PDT

Bathroom Details

Subdivision

Olympia

Lot Information

Corner Lot
Curbs
Sidewalk
Paved
Alley

Property Features

Fenced-Fully
Gas Available
Cable Tv
High Speed Internet
Fireplace: 0
Foundation: Poured Concrete

Heating and Cooling

Wall Unit(s)

Flooring

Vinyl
Carpet
Laminate
Engineered Hardwood

Exterior Features

Wood
Wood Products
Roof: Composition

Utility Information

Sewer: Sewer Connected
Fuel: Electric, Natural Gas

School Information

Elementary School: Buyer to Verify
Middle School: Buyer to Verify
High School: Buyer to Verify

Additional Listing Info

Buyer Brokerage Compensation: 2.5

Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price

Down payment

Interest rate

Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.

Disclaimer: Based on information submitted to the MLS GRID as of 8/28/25 10:13. 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.

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Broker does not guarantee the accuracy of dimensions, square footage, lot size, or other information regarding the condition or features of the property provided by the seller or obtained from public records or other sources. Buyer is advised to verify information through personal inspection and due diligence with the appropriate research & professionals. Equal Housing Opportunity.

The information set forth on this site is based upon the information which we consider reliable, but because it has been supplied by third parties we cannot represent that it is accurate or complete, and it should not be relied upon as such. The offerings are subject to errors, omissions, changes, concluding price, or withdrawal without notice. All dimensions are approximate and have not been verified by the selling party and cannot be verified by Drew Staudt of Windermere Professional Partners. It is recommended that you hire a professional in the business of determining dimensions, such as an appraiser, architect, or civil engineer, to determine such information.