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2746 Wilderness Drive SE
Olympia, WA 98501
SOLD
$585,000
Sold Price
1,812
Sq.Ft.
0.30
Acres
1975
Yr. Built
MLS# 2338573
Sold Date: 2025-05-14

Property Description

Updated duplex in Wilderness. Located just out of Olympia's city limits and jurisdiction, this duplex features 2 BR's, 1 BA, 1-car garage per side. 2746 has been freshly painted, new appliances, counter tops, carpets and vinyl. 2748 has a long-term tenant currently in a month-to-month lease. This duplex has been very well cared for (same owner for 21 years) and currently is professionally managed. Centrally located, just minutes to Olympia, Lacey and Tumwater, schools and shopping.

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Property Highlights

Price
$585,000
Property Type
Residential Income
Property Sub Type
Multi Family
Living Area
0.00
Acres
0.30
Year Built
1975
Condition
Very Good

Location

Area
448 - Olympia South
County
Thurston
Subdivision
Olympia
Zoning Description
Residential

Property Details

Condition
Very Good
Price
$585,000
Property Sub Type
Multi Family
Property Type
Residential Income

Building

Stories
1
Structure Type
Duplex
Total Area
1,812

Community

Local Schools

Elementary School
Centennial Elem
High School
Olympia High
Middle School
Wash Mid
School District
Olympia

Interior Features

Area and Spaces

Number of Units
2

Interior Features

Flooring
Vinyl, Carpet
Security Features
Partially Fenced

Heating and Cooling

Heating Features
Baseboard

Building Details

Construction

Foundations
Poured Concrete
Year Built
1975

Materials

Construction Materials
Wood
Roof
Composition

Terms

Commercial

Cap Rate
5.10

Terms

Financing Options
Conventional
Special Conditions
None
Special Terms
Cash Out, Conventional, VA Loan

Taxes

HOA

Association Fee
$175
Association Fee Frequency
Annually
Has HOA
Yes

Tax

Tax (Annual)
$5,424

Heating, Cooling & Utilities

Cooling Features
None

Utilities

Sewer
Septic Tank
Water Source
Public

Lot

Acres
30
Lot Features
Paved
Lot Size Area Sq Ft
13,200

Exterior Features

Exterior Features
Wood, Wood Products

Parking

Covered Spaces
2
Total Parking Spaces
4
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Property History

37 days ago
Property information last updated
103 days ago
Date Sold
177 days ago
Status Active. This is the date the listing was placed on market.

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All listings featuring the  icon are provided courtesy of the Northwest Multiple Listing Service (NWMLS) as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Based on information submitted to the MLS GRID as of 08/25/2025 04:00 pm. 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. Properties displayed may be listed or sold by various participants in the MLS.

Listing Data last updated: 08/25/2025 04:00 pm
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