503 Devoe Street Ne, Olympia, WA 98506
Local realty services provided by:CENTURY 21 Real Estate Center
Listed by: sterling stock, max stottlemyre
Office: olympic sotheby's int'l realty
MLS#:2453507
Source:NWMLS
503 Devoe Street Ne,Olympia, WA 98506
$698,000
- - Beds
- - Baths
- 2,422 sq. ft.
- Multi-family
- Active
Price summary
- Price:$698,000
- Price per sq. ft.:$288.19
About this home

Great investment opportunity to add to your portfolio, offering instant cash flow. Located on Eastside of Olympia in the UGA, just outside of city limits. New city of Olympia landlord/tenant laws do not apply. This 2011 built duplex has 2-bedrooms, 2-bathrooms and an extra finished room being used as a 3rd bedroom and the other unit is 2-bedroom, 1-bathroom (4-bedroom septic), just completely remodeled/updated. Updates include LVP flooring, quartz counters, all new millwork, trim, Kitchen cabinets, appliances, doors, & fresh paint. Larger unit has 2 car garage, and other unit has 1 car garage. This duplex sits on a large lot, just under half acre, zoned to build 2 duplexes. Investor could build 2nd duplex if they hooked up to sewer. With a 6.34% cap rate, great location, Olympia schools, & future development potential.
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Home facts
- Year built:2011
- Listing ID #:2453507
- Updated:March 05, 2026 at 01:22 AM
Rooms and interior
- Flooring:Carpet, Vinyl Plank
- Living area:2,422 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:2011
- Building area:2,422 sq. ft.
- Lot area:0.44 Acres
- Lot Features:Dead-end Street, Paved
- Construction Materials:Cement Planked
- Exterior Features:Deck, Patio
Schools
- High school:Olympia High
- Middle school:Reeves Mid
- Elementary school:Roosevelt Elementary
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$698,000
- Price per sq. ft.:$288.19
- Tax amount:$6,873 (2025)
Features and amenities
- Amenities:Cable TV, High Speed Internet
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