Thurston County
Homes for Sale
Start of property details
Property Description
Rare opportunity in the prestigious South Capitol neighborhood! This renovated duplex is located on a quiet street just 5 blocks from the State Capitol campus and minutes from the markets and restaurants of downtown Olympia. Situated next to a serene pocket park, the property offers a peaceful setting with a strong cap rate and ATTRACTIVE OWNER FINANCING. Large picture windows provide fantastic natural light and beautiful territorial views with pleasant spots to gaze at Capitol Lake through the surrounding tall trees. The upper unit features gorgeous refinished red oak floors and a working wood stove for cozy evenings. The lower unit includes a private deck perfect for relaxing. Both units are small and highly practical, offering 1 bedroom and 1 bathroom each. The kitchens are bright with new countertops, plenty of storage, and dedicated eating spaces. Modern upgrades include new water heaters and stacked washer and dryer systems in both units. With rents increased in the last year, this is a turnkey investment or an ideal primary residence with rental income to offset the mortgage. Enjoy being close to everything the city has to offer while living in one of Olympia's most sought-after areas. This property combines charm, modern amenities, and a prime location for any savvy buyer. Don't miss out on this versatile duplex in the heart of South Capitol. Access to upper unit only, lower unit will be accessible upon signed purchase and sale agreement.
Property Highlights
Location
Property Details
Building
Community
Local Schools
Interior Features
Area and Spaces
Interior Features
Heating and Cooling
Building Details
Construction
Materials
Terms
Commercial
Terms
Taxes
Tax
Heating, Cooling & Utilities
Utilities
Lot
Exterior Features
Payment Calculator
Assumptions and Disclosures
- Interest rates and APRs presented are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables - call for details.
- This is not a credit decision or a commitment to lend.
- Depending on loan guidelines, mortgage insurance may be required
- If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available.
- APR (annual percentage rate) reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as "points"), and loan-origination fees. One point is 1% of the mortgage amount (e.g., $1,000 on a $100,000 loan).
- Your monthly payment is not based on APR, but instead on the interest rate on your Note.
- Adjustable Rate Mortgage (ARM) rates assume no increase in the financial index after the initial fixed period. ARM rates and monthly payments are subject to increase after the fixed period.
- These special rates presented here are only available when you pre-qualify and are not guaranteed until lock-in.
- Amounts may be rounded up. Additional fees and closing costs apply. If the down payment is less than 20%, mortgage insurance may be needed, which could increase the monthly payment and APR.
- Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
- Please contact a loan specialist to get specific payment examples and information regarding your particular needs.
Property History
Similar Properties

