4424 NW Ridgewood Court Unit #A & B, Olympia, WA 98502
- $485,000
- 1,860
- SqFt
Listing courtesy of The Rants Group.
- List Price
- $485,000
- Status
- ACTIVE
- MLS#
- 2510651
- Days on Market
- 59
- Style
- 52 - Duplex
- Building Condition
- Average
- Finished SqFt
- 1,860
- Area Total SqFt
- 1860
- Annual Tax Ammount
- 5462
- Lot Size (sq ft)
- 14,375
- Sewer
- Septic Tank
Property Description
Excellent rent-ready duplex in highly desirable West Side, Cooper Point location. Ideal for investors or buyers looking to live comfortably in while offsetting their mortgage. Each unit is 1,170 SF (including 1-car garage) with 2 bedrooms and 1 bathroom, guest parking on a quiet cul-de-sac. This cozy home features a large galley kitchen, dining room, spacious living room and a one-car garage with a laundry room and washer and dryer hookups. Double pane windows keep the elements at bay while the beautiful natural surroundings create a tranquil atmosphere. Both units are occupied. The first unit (#A) is month-to-month and rented at $1600/month. The second unit (#B) is occupied and rented at $1450/month on a month-to-month lease. Located close to schools, shopping, dining, parks and essential services, with easy access to major routes. Unit A: New septic tank (November 2024). Note: The other two duplexes in the cul-de-sac (4416 and 4420) are also available for sale.
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Additional Information
- List Date
- 2026-05-28 18:43:13
- Community
- Cooper Point
- Net Operating Income
- $31,137
- Gross Adjusted Income
- $36,600
- Gross Scheduled Income
- $36,600
- Total Monthly Income
- $3,050
- Gross Rent Multiplier
- 13.25
- Total Expenses
- $5,462
- Cap Rate
- 6.42
- Total Number of Units
- 2
- Unit Name
- 4424
- Potential Terms
- Cash, Conventional, VA Loan
- Year Built
- 1976
- Roof
- Composition
- Site Features
- High Speed Internet
- Energy Source
- Electric
- School District
- Olympia
- Elementary School
- Leland P Brown Elem
- Middle School
- Jefferson Mid
- High School
- Capital High
- Total Monthly Income
- $3,050
- Gross Scheduled Income
- $36,600
- Gross Adjusted Income
- $36,600
- Tax Year
- 2025
- Total Expenses
- $5,462
- Net Operating Income
- $31,137
- Gross Rent Multiplier
- 13.25
- Cap Rate
- 6.42
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.