518 520 18th Avenue SE Olympia, WA $ 499,000
518 520 18th Avenue SE
$ 499,000
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518 520 18th Avenue SE

Olympia, WA, 98501
$ 499,000
Baths0.0 Sq 1,524

Monthly Estimate*

$ 3,072

Listed by Better Properties - Metro
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Studio

Multi-Family Home for sale in Olympia, WA

for $499,000. This 1,524 square foot home was built in 1959 on a lot size of 0.137.

Investor alert! Clearly cherished South Capitol duplex offering income potential and/or owner-occupant flexibility. Extremely well-maintained single-story duplex has been lovingly looked after for years with consistent upkeep. Nurtured landscaping. Featuring two 2-bd/1 ba. Each has a private fenced back yard. Newer roof. Shared 1 car garages and off-street parking. Property on dead-end street. Centrally located near Capitol Campus and transit. Live in one and rent the other, or lease both.

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Multi-Family Pending

Price

$ 499,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,154

Style

Duplex

Lot Size

0.137

Year Built

1959

Town/City

Olympia

County/Region

Thurston

MLS | Web ID

2480899

Features
General
Living Area 0
Sewer Sewer Connected
Heating Wall Unit(s)
Cooling None
Possession Closing
Roof Flat
HOA Fee 0
Garage Spaces 2
Security Features Partially Fenced
Year Built 1959
View Territorial
Property Subtype Multi Family
Tax Year 2025
County Thurston
Net Operating Income 9882
Insurance Expense 1058
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Capital Campus
Possible Use Multi-Family Residential
Special Listing Conditions None
Status Pending Inspection
Directions From Capitol Way East on 18th Ave almost to the end of the road on the left. GPS friendly
High School Olympia High
City Olympia
Senior Community Y/N N
High School District Olympia
Zoning Description Multi-Family Residential
Number Of Units Total 2
MLS Area 447 - Olympia North
Lot Size Units Square Feet
Lot Size Square Feet 5969
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Lincoln Elementary
Tax Annual Amount 5154
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Wash Mid
Property Condition Good
Public Remarks Investor alert! Clearly cherished South Capitol duplex offering income potential and/or owner-occupant flexibility. Extremely well-maintained single-story duplex has been lovingly looked after for ye
Leasable Area 1524
Structure Type Duplex
Building Area Units Square Feet
Standard Status Pending
Water Company City of Olympia
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 3670
Property Style 52 - Duplex
Cap Rate 4
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Exterior
Exterior Amenities Brick Wood
Lot Features Dead End Street Paved Sidewalk
Water Source Public
Foundation Details Block
Building Area Total 1524
Lot Size Acres 0.137
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Partially High Speed Internet
Parking Uncovered Total 2
Lot Number 8
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Interior
Flooring Hardwood Vinyl Carpet
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Wood
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2480899
Street Number 1 518
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* Excluded Features
List By
Terry Meyer

Listing Agent

Better Properties - Metro

Broker

Affordability Calculator

$3,502
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,072
Monthly Property Taxes
$430
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4032182 Elementary School
257240 Middle School
Olympia High High School
Pricing History
DatePricePrice ChangeDescription
2/17/2026$499,000 Listed Price

Map


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518 520 18th Avenue SE, Olympia, WA, 98501 is a Multi-Family Home for sale at $499,000 with 1,524 sqft and a lot size of 0.137. 518 520 18th Avenue SE is a studio with 0.0 baths and was built in 1959. The property's zip code is 98501 which is in Olympia, WA