420 Bungalow Drive NW Olympia, WA $ 749,900
420 Bungalow Drive NW
$ 749,900
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420 Bungalow Drive NW

Olympia, WA, 98502
$ 749,900
Baths0.0 Sq 2,632

Monthly Estimate*

$ 4,678

Listed by RE/MAX Parkside Affiliates
420 Bungalow Drive NW, Olympia, WA 98502 - Image 1
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420 Bungalow Drive NW, Olympia, WA 98502 - Image 18
Studio

Multi-Family Home for sale in Olympia, WA

for $749,900. This 2,632 square foot home was built in 2007 on a lot size of 0.1377.

Great opportunity to add to your investment portfolio, offering potential for instant cash flow. This 2007 duplex features 2 townhomes, each w/2 bedrooms & 2.5 bathrooms. One unit includes a two-car garage, while the other offers a one-car garage w/additional storage; both units have driveway parking & private backyards. The homes offer thoughtfully designed open concept floor plans perfect for entertaining, w/soaring 18 ft. living room ceilings, gas fireplaces, & abundant natural light throughout each home. Incredible location making these a commuter's dream, close to schools, parks, groceries, gas stations, countless eateries & entertainment. Perfect first-time real estate investment.

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Multi-Family Active

Price

$ 749,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,733

Style

Duplex

Lot Size

0.1377

Year Built

2007

Town/City

Olympia

County/Region

Thurston

MLS | Web ID

2453019

Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air
Cooling Window Unit(s)
Possession Closing Subject to Tenant Rights
Roof Composition
HOA Fee 3360
Security Features Fully Fenced
Year Built 2007
View Territorial
Property Subtype Multi Family
Tax Year 2025
Assoc Fee Paid Per Annually
County Thurston
Net Operating Income 26234
Insurance Expense 3733
New Construction N
Property Type Residential Income
HOA Y
Subdivision Name Westside
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions GPS Friendly.
City Olympia
Senior Community Y/N N
High School District Olympia
Zoning Description Multi-Family
Open Parking Spaces 3
Number Of Units Total 2
MLS Area 444 - Olympia Westside
Lot Size Units Square Feet
Lot Size Square Feet 6000
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Tax Annual Amount 3733
Electric Expense 0
Fuel Expense 0
Property Condition Very Good
Public Remarks Great opportunity to add to your investment portfolio offering potential for instant cash flow. This 2007 duplex features 2 townhomes each w/2 bedrooms & 2.5 bathrooms. One unit includes a two-car ga
Leasable Area 2632
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Water Company City of Olympia
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 0
Property Style 52 - Duplex
Cap Rate 0.34
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Exterior
Exterior Amenities Wood Wood Products
Lot Features Paved Sidewalk
Water Source Public
Total Parking 6
Foundation Details Poured Concrete
Building Area Total 2632
Lot Size Acres 0.1377
Waterfront Y/N N
Covered Spaces 3
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Fully Patio Sprinkler System
Parking Uncovered Spaces 3
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Interior
Flooring Laminate Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2453019
Street Number 1 420
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* Excluded Features
List By
Michael Duggins

Listing Agent

Re/Max Parkside Affiliates

Broker

Affordability Calculator

$4,989
Per Month
94%
6%
0%
Monthly Principal & Interest
$4,678
Monthly Property Taxes
$311
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258425 Elementary School
257277 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/7/2025$749,900 Listed Price

Map


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420 Bungalow Drive NW, Olympia, WA, 98502 is a Multi-Family Home for sale at $749,900 with 2,632 sqft and a lot size of 0.1377. 420 Bungalow Drive NW is a studio with 0.0 baths and was built in 2007. The property's zip code is 98502 which is in Olympia, WA