PROPERTIES FOR SALE

503 Devoe Street NE Olympia, WA 98506

NWMLS Courtesy of Olympic Sotheby's Int'l Realty
503 Devoe Street NE
Olympia, WA 98506
$715,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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Great investment opportunity to add to your portfolio, offering instant cash flow. Located on Eastside of Olympia in the UGA, just outside of city limits. New city of Olympia landlord/tenant laws do not apply. 2011 built duplex has a 2 bed, 2 bath + extra finished room unit & other unit is 2 bed, 1 bath (4bd septic), newly remodeled/updated: LVP flooring, quartz counters, all new millwork, trim, Kitchen cabinets, appliances, doors, & fresh paint. Larger unit has 2 car garage & other unit has 1 car garage. This duplex sits on a large lot, just under half acre, Zoned to build 2 duplex's. Investor could build 2nd duplex if they hooked up to sewer. With a 6.34% cap rate, great location, Olympia schools, & future development potential.
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Property Features

Community: Eastside Olympia
Duplex
Cable TV
Deck
High Speed Internet
Patio
Exterior: Cement Planked
Roof: Composition
Year Built: 2011
2025 Taxes: $6873.00
Buyer Broker Comp.: 2%
Listing #: 2453507

Lot Details

Lot Size: 0.44 acres
Dead End Street
Paved
No. of Units: 2

Interior

Cooling: None
Heating: Forced Air
Electric

Schools

District: Olympia
Elem: Roosevelt Elementary
Middle: Reeves Mid
High: Olympia High
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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