408 9th Avenue SE Olympia, WA $ 449,500
408 9th Avenue SE
$ 449,500
Share Save

408 9th Avenue SE

Olympia, WA, 98501
$ 449,500
Baths0.0 Sq 1,306

Monthly Estimate*

$ 2,804

Listed by Windermere Prof Partners
408 9th Avenue SE, Olympia, WA 98501 - Image 1
408 9th Avenue SE, Olympia, WA 98501 - Image 2
408 9th Avenue SE, Olympia, WA 98501 - Image 3
408 9th Avenue SE, Olympia, WA 98501 - Image 4
408 9th Avenue SE, Olympia, WA 98501 - Image 5
408 9th Avenue SE, Olympia, WA 98501 - Image 6
408 9th Avenue SE, Olympia, WA 98501 - Image 7
408 9th Avenue SE, Olympia, WA 98501 - Image 8
408 9th Avenue SE, Olympia, WA 98501 - Image 9
408 9th Avenue SE, Olympia, WA 98501 - Image 10
408 9th Avenue SE, Olympia, WA 98501 - Image 11
408 9th Avenue SE, Olympia, WA 98501 - Image 12
408 9th Avenue SE, Olympia, WA 98501 - Image 13
408 9th Avenue SE, Olympia, WA 98501 - Image 14
408 9th Avenue SE, Olympia, WA 98501 - Image 15
408 9th Avenue SE, Olympia, WA 98501 - Image 16
408 9th Avenue SE, Olympia, WA 98501 - Image 17
408 9th Avenue SE, Olympia, WA 98501 - Image 18
408 9th Avenue SE, Olympia, WA 98501 - Image 19
408 9th Avenue SE, Olympia, WA 98501 - Image 20
408 9th Avenue SE, Olympia, WA 98501 - Image 21
408 9th Avenue SE, Olympia, WA 98501 - Image 22
408 9th Avenue SE, Olympia, WA 98501 - Image 23
Studio

Multi-Family Home for sale in Olympia, WA

for $449,500. This 1,306 square foot home was built in 1920 on a lot size of 0.0569.

Great Opportunity to own a well-maintained Duplex in downtown Olympia. Live in one and rent the other one or rent them both. 2 Units currently occupied and generating income. Unit #1 is 1 BR, 1 BA 832sf with private access to side/back yard, Unit #2 is upstairs unit with 1 BR, 1 BA 474 sf. Both units are equipped with R/O, Dishwasher, Fridge, W/D. Cap Rate of over 5%. 3 blocks from Capitol Campus, 1/2 block to Olympia Library and US Post office. Contact your agent or listing agent for more information.

See more

Multi-Family Pending

Price

$ 449,500

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,809

Style

Duplex

Lot Size

0.0569

Year Built

1920

Town/City

Olympia

County/Region

Thurston

MLS | Web ID

2457132

Features
General
Living Area 0
Sewer Sewer Connected
Heating Wall Unit(s)
Cooling None
Possession See Remarks Subject to Tenant Rights
Roof Composition
HOA Fee 0
Security Features Fully Fenced
Year Built 1920
Property Subtype Multi Family
Tax Year 2025
County Thurston
Net Operating Income 23233
Insurance Expense 2618
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Olympia
Special Listing Conditions None
Status Pending Inspection
Directions From Capitol Blvd E on 9th Ave and house on the L or from Plum St W on Union Ave R on Jefferson St L on 9th home on the R
High School Buyer To Verify
City Olympia
Senior Community Y/N N
High School District Olympia
Open Parking Spaces 0
Number Of Units Total 2
MLS Area 447 - Olympia North
Lot Size Units Square Feet
Lot Size Square Feet 2478
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Elementary School Buyer To Verify
Tax Annual Amount 4809
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Property Condition Average
Public Remarks Great Opportunity to own a well-maintained Duplex in downtown Olympia. Live in one and rent the other one or rent them both. 2 Units currently occupied and generating income. Unit #1 is 1 BR 1 BA 832
Leasable Area 1306
Structure Type Duplex
Building Area Units Square Feet
Standard Status Pending
Water Company City of Olympia
Units Below Grade false
Water Sewer Garbage 3000
Property Style 52 - Duplex
Cap Rate 5.04
See more
Exterior
Exterior Amenities Wood Wood Products
Lot Features Alley Corner Lot Curbs Paved Sidewalk
Water Source Public
Total Parking 0
Foundation Details Poured Concrete
Building Area Total 1306
Lot Dimensions 40x60
Lot Size Acres 0.0569
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Fully Gas Available High Speed Internet
Parking Uncovered Spaces 0
See more
Interior
Flooring Engineered Hardwood Laminate Vinyl Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
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
See more
Internal Only
OriginalMLSID NWM2457132
Street Number 1 408
See more
* Excluded Features
List By
Mark Kitabayashi

Listing Agent

Windermere Prof Partners

Broker

Affordability Calculator

$3,205
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,804
Monthly Property Taxes
$401
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
3100290 Elementary School
3100479 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
11/23/2025$449,500 Listed Price

Map


See all

408 9th Avenue SE, Olympia, WA, 98501 is a Multi-Family Home for sale at $449,500 with 1,306 sqft and a lot size of 0.0569. 408 9th Avenue SE is a studio with 0.0 baths and was built in 1920. The property's zip code is 98501 which is in Olympia, WA