1438 Fones Rd SE #A&B Olympia, WA 98501
Front
Garage
Back Yard
Front view
1438 Fones Rd SE #A&B
Olympia, WA 98501
$699,001
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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!
Property Features
Community: Olympia
Duplex
Exterior: Brick
Exterior: Wood
Exterior: Wood Products
Roof: Composition
Year Built: 1955
2025 Taxes: $6996.00
Buyer Broker Comp.: 2%
Listing #: 2513731
Lot Details
Lot Size: 0.35 acres
Corner Lot
No. of Units: 2
Interior
Cooling: None
Heating: Baseboard
Electric
Common Features
Thermal Windows
Schools
District: North Thurston
Elem: Buyer To Verify
Middle: Buyer To Verify
High: Buyer To Verify
Call or Email:
Grace Wamwere
What's Near 1438 Fones Rd SE #A&B Olympia, WA 98501?
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.
DMCA Notice 
Courtesy of Kelly Right RE of Seattle LLC
