1819 Karen Frazier Road SE Olympia, WA $ 699,950
1819 Karen Frazier Road SE
$ 699,950
Recently Listed
Share Save

1819 Karen Frazier Road SE

Olympia, WA, 98501
$ 699,950
Baths0.0 Sq 2,207

Monthly Estimate*

$ 4,310

Listed by Blue Summit Realty LLC
1819 Karen Frazier Road SE, Olympia, WA 98501 - Image 1
1819 Karen Frazier Road SE, Olympia, WA 98501 - Image 2
1819 Karen Frazier Road SE, Olympia, WA 98501 - Image 3
1819 Karen Frazier Road SE, Olympia, WA 98501 - Image 4
1819 Karen Frazier Road SE, Olympia, WA 98501 - Image 5
1819 Karen Frazier Road SE, Olympia, WA 98501 - Image 6
1819 Karen Frazier Road SE, Olympia, WA 98501 - Image 7
1819 Karen Frazier Road SE, Olympia, WA 98501 - Image 8
1819 Karen Frazier Road SE, Olympia, WA 98501 - Image 9
1819 Karen Frazier Road SE, Olympia, WA 98501 - Image 10
1819 Karen Frazier Road SE, Olympia, WA 98501 - Image 11
1819 Karen Frazier Road SE, Olympia, WA 98501 - Image 12
1819 Karen Frazier Road SE, Olympia, WA 98501 - Image 13
1819 Karen Frazier Road SE, Olympia, WA 98501 - Image 14
1819 Karen Frazier Road SE, Olympia, WA 98501 - Image 15
1819 Karen Frazier Road SE, Olympia, WA 98501 - Image 16
1819 Karen Frazier Road SE, Olympia, WA 98501 - Image 17
1819 Karen Frazier Road SE, Olympia, WA 98501 - Image 18
1819 Karen Frazier Road SE, Olympia, WA 98501 - Image 19
Studio

Multi-Family Home for sale in Olympia, WA

for $699,950. This 2,207 square foot home was built in 2022 on a lot size of 0.1182.

Like new investment opportunity in the heart of Olympia. This duplex style home features a 3 bedroom, 2.5 bath main home with an attached 2 bedroom, 1 bath ADU. Both homes features solid surface flooring throughout, granite counters throughout, stainless appliances, high efficiency mini split heat pump systems with air conditioning, and energy efficient insulation and lighting packages. Built in 2022 and exceptionally maintained. Long term leases in place and a great cap rate with room for continued growth. Exterior features custom accents and fenced rear yards. Close to all amenities and freeway access, with top rated Olympia schools nearby.

See more

Multi-Family Active

Price

$ 699,950

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,803

Style

Duplex

Lot Size

0.1182

Year Built

2022

Town/City

Olympia

County/Region

Thurston

MLS | Web ID

2528879

Features
General
Living Area 0
Sewer Sewer Connected
Heating 90%+ High Efficiency Ductless Wall Furnace
Cooling 90%+ High Efficiency Ductless
Possession Closing See Remarks
Roof Composition
HOA Fee 0
Garage Spaces 2
Security Features Partially Fenced
Year Built 2022
Property Subtype Multi Family
Tax Year 2026
County Thurston
Net Operating Income 42553
Insurance Expense 1350
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Olympia
Possible Use Residential
Special Listing Conditions None
Status Active
Directions South on Fones road from Pacific right on 18th left on Karen Frazier to house on right.
City Olympia
Senior Community Y/N N
High School District Olympia
Zoning Description Residential
Number Of Units Total 2
MLS Area 448 - Olympia South
Lot Size Units Square Feet
Lot Size Square Feet 5150
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional VA Loan
Tax Annual Amount 7803
Electric Expense 0
Fuel Expense 0
Property Condition Very Good
Public Remarks Like new investment opportunity in the heart of Olympia. This duplex style home features a 3 bedroom 2.5 bath main home with an attached 2 bedroom 1 bath ADU. Both homes features solid surface floori
Leasable Area 2207
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Water Company Olympia
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 1920
Property Style 52 - Duplex
Cap Rate 6.1
See more
Exterior
Exterior Amenities Cement/Concrete Wood Wood Products
Lot Features Curbs Paved Sidewalk
Total Parking 4
Foundation Details Poured Concrete
Building Area Total 2207
Lot Size Acres 0.1182
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Partially High Speed Internet Patio
Parking Uncovered Total 2
See more
Interior
Flooring Vinyl Plank
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
See more
Internal Only
OriginalMLSID NWM2528879
Street Number 1 1819
See more
* Excluded Features
List By
Brian J Dermanoski

Listing Agent

Blue Summit Realty Llc

Broker

Affordability Calculator

$4,960
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,310
Monthly Property Taxes
$650
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.
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
258425 Elementary School
257277 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/26/2026$699,950 Listed Price

Map


See all

1819 Karen Frazier Road SE, Olympia, WA, 98501 is a Multi-Family Home for sale at $699,950 with 2,207 sqft and a lot size of 0.1182. 1819 Karen Frazier Road SE is a studio with 0.0 baths and was built in 2022. The property's zip code is 98501 which is in Olympia, WA