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1813 Franklin Street SE Olympia, WA $ 549,900
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1813 Franklin Street SE
$ 549,900
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1813 Franklin Street SE

Olympia, WA, 98501
$ 549,900
Baths0.0 Sq 2,903

Monthly Estimate*

$ 3,386

Listed by Keller Williams South Sound
1813 Franklin Street SE, Olympia, WA 98501 - Image 1
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Studio

Multi-Family Home for sale in Olympia, WA

for $549,900. This 2,903 square foot home was built in 1926 on a lot size of 0.1148.

Great Olympia investment opportunity featuring 2 tenant-occupied units plus a partially finished basement with future rental potential once completed! Charming property with strong income-producing possibilities in a convenient location near downtown Olympia, shopping, restaurants, parks, & I-5 access. Each unit offers functional living spaces with included appliances: refrigerator, stove, dishwasher, washer & dryer. Property features classic character, ample parking, & flexibility for investors or owner-occupants looking to offset expenses. Basement space provides additional upside opportunity for added income or expanded living area with an already finished and built full size bathroom. Don’t miss this versatile multi-unit property with immediate cash flow & future potential! Interior photos coming soon.

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Multi-Family Active

Price

$ 549,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,744

Style

Duplex

Lot Size

0.1148

Year Built

1926

Town/City

Olympia

County/Region

Thurston

MLS | Web ID

2519345
Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Security Features Partially Fenced
Year Built 1926
View Territorial
Property Subtype Multi Family
Tax Year 2026
County Thurston
Net Operating Income 25840
Insurance Expense 1296
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Olympia
Special Listing Conditions None
Status Active
Directions GPS Works.
City Olympia
Senior Community Y/N N
High School District Olympia
Number Of Units Total 2
MLS Area 447 - Olympia North
Lot Size Units Square Feet
Lot Size Square Feet 5000
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Tax Annual Amount 5744
Electric Expense 0
Fuel Expense 1320
Public Remarks Great Olympia investment opportunity featuring 2 tenant-occupied units plus a partially finished basement with future rental potential once completed! Charming property with strong income-producing p
Leasable Area 1723
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Amenities Basement
Units Below Grade true
Units In Building Total 2
Water Sewer Garbage 3600
Property Style 52 - Duplex
Cap Rate 4.7
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Exterior
Exterior Amenities Wood Wood Products
Lot Features Curbs Paved Sidewalk
Total Parking 2
Foundation Details Poured Concrete
Building Area Total 2903
Lot Size Acres 0.1148
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Fenced-Partially Gas Available High Speed Internet Outbuildings
Parking Uncovered Total 2
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Interior
Flooring 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
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Internal Only
OriginalMLSID NWM2519345
Street Number 1 1813
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* Excluded Features
List By
Jason Munoz

Listing Agent

Keller Williams South Sound

Broker

Affordability Calculator

$3,864
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,386
Monthly Property Taxes
$479
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
258425 Elementary School
257277 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/8/2026$549,900 Listed Price

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1813 Franklin Street SE, Olympia, WA, 98501 is a Multi-Family Home for sale at $549,900 with 2,903 sqft and a lot size of 0.1148. 1813 Franklin Street SE is a studio with 0.0 baths and was built in 1926. The property's zip code is 98501 which is in Olympia, WA

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