1072 1074 Central Street SE, Olympia, WA 98501
- $469,900
- 1,840
- SqFt
Listing courtesy of Coldwell Banker Evergreen.
- List Price
- $469,900
- Status
- PENDING INSPECTION
- MLS#
- 2495874
- Price Change
- ▼ $5,100 1782285114
- Days on Market
- 95
- Style
- 52 - Duplex
- Finished SqFt
- 1,840
- Area Total SqFt
- 1840
- Annual Tax Ammount
- 5354
- Lot Size (sq ft)
- 8,280
- Sewer
- Sewer Connected
Property Description
Solid Eastside Olympia duplex in a high-demand rental location just blocks from downtown Olympia. Historically stable income and future upside. Each 920 SF unit features 2 bedrooms, 1 bath, in-unit laundry, laminate floors, skylights and some outdoor space. Generous paved parking area with a large multi-vehicle covered carport adds convenience rarely found at this price point. Ideally located near downtown shopping & restaurants, parks, schools, and everyday amenities, this is a great opportunity for both investors and owner-ocupants.
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Additional Information
- List Date
- 2026-04-23 03:57:11
- Community
- Eastside Olympia
- Net Operating Income
- $19,698
- Gross Adjusted Income
- $30,750
- Gross Scheduled Income
- $30,750
- Total Monthly Income
- $2,650
- Insurance Expenses
- $2,048
- Water/Sewer/Garbage Expenses
- $3,650
- Gross Rent Multiplier
- 15.28
- Total Expenses
- $11,052
- Cap Rate
- 4.2
- Total Number of Units
- 2
- Unit Name
- 1072 1074
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1979
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Fully, High Speed Internet, RV Parking
- Energy Source
- Electric, Wood
- School District
- Olympia
- Elementary School
- Madison Elem
- Middle School
- Reeves Mid
- High School
- Olympia High
- Total Monthly Income
- $2,650
- Gross Scheduled Income
- $30,750
- Gross Adjusted Income
- $30,750
- Tax Year
- 2025
- Insurance Expense
- $2,048
- W/S/G Expenses
- $3,650
- Total Expenses
- $11,052
- Net Operating Income
- $19,698
- Gross Rent Multiplier
- 15.28
- Cap Rate
- 4.2
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.