1438 SE Fones Rd #A&B, Olympia, WA 98501
Local realty services provided by:CENTURY 21 Lund, Realtors
Listed by: sateesh kanchukatla
Office: kelly right re of seattle llc.
MLS#:2548425
Source:NWMLS
1438 SE Fones Rd #A&B,Olympia, WA 98501
$675,000
- - Beds
- - Baths
- 2,383 sq. ft.
- Multi-family
- Active
Price summary
- Price:$675,000
- Price per sq. ft.:$283.26
About this home
PRICE IMPROVEMENT!! 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!
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Home facts
- Year built:1955
- Listing ID #:2548425
- Updated:July 02, 2026 at 12:49 AM
Rooms and interior
- Flooring:Carpet, Laminate
- Living area:2,383 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Composition
- Year built:1955
- Building area:2,383 sq. ft.
- Lot area:0.35 Acres
- Lot Features:Corner
- Construction Materials:Brick Exterior Finish, Wood Exterior Finish, Wood Products Exterior Finish
Schools
- High school:Buyer To Verify
- Middle school:Buyer To Verify
- Elementary school:Buyer To Verify
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$675,000
- Price per sq. ft.:$283.26
- Tax amount:$6,996 (2025)
Parking
- Total parking spaces:4
- Garage:Yes
- Garage spaces:2
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