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521 Boulevard Road Se, Olympia, WA 98501

Olympia
Local realty services provided by:CENTURY 21 Tri-Cities
Listed by: julia galleher
Office: keller williams realty ps
MLS#:2517453
Source:NWMLS
521 Boulevard Road Se,Olympia, WA 98501
$575,000
  • - Beds
  • 2 Baths
  • 1,588 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$575,000
  • Price per sq. ft.:$362.09

About this home

Outstanding opportunity in a highly desirable Olympia location! Featuring two income-producing 2-bedroom, 1-bath homes on one lot, plus a separate adjacent building lot zoned 4–8 units per acre. Currently rented, offering immediate returns with future upside. 523 is 769 sq. ft., built in 1962, and has been updated with a newer roof, flooring, and siding, and rented for $1,670.00 a month, while the front home, 521, is 839 sq. ft., built in 1965, and presents an opportunity for improvement with some TLC (currently rented for a VERY low rent of $787.50). Each residence includes an adjacent carport. Developers and investors will appreciate the flexibility—build on the additional lot while maintaining rental income, or explore options to condominiumize or short-plat for individual resale, with alley access available (buyer to verify). A rare combination of location, income, and development potential! The listing reflects the combined sq. footage of 521 and 523, and each lot is 5,779 square...

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Home facts

  • Year built:1962
  • Listing ID #:2517453
  • Updated:June 17, 2026 at 12:43 PM

Rooms and interior

  • Total bathrooms:2
  • Flooring:Carpet, Vinyl Floor, Vinyl Plank
  • Living area:1,588 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1962
  • Building area:1,588 sq. ft.
  • Lot area:0.27 Acres
  • Lot Features:Paved
  • Construction Materials:Wood 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:$575,000
  • Price per sq. ft.:$362.09
  • Tax amount:$6,482 (2026)

Parking

  • Total parking spaces:4
  • Carport spaces:2
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of June 17, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved. NWMLS Member Broker: Vicki Monteagudo

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