4420 NW Ridgewood Court # A & B Olympia, WA $ 499,000
4420 NW Ridgewood Court # A & B
$ 499,000
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4420 NW Ridgewood Court # A & B

Olympia, WA, 98502
$ 499,000
Baths0.0 Sq 2,116

Monthly Estimate*

$ 3,072

Listed by The Rants Group
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Studio

Multi-Family Home for sale in Olympia, WA

for $499,000. This 2,116 square foot home was built in 1976 on a lot size of 0.3816.

Excellent rent-ready duplex in highly desirable West Side, Cooper Point location. Ideal for investors or buyers looking to live comfortably in while offsetting their mortgage. Each unit is 1058 sf with 2 bedrooms and 1 bathroom, a 1-car garage, guest parking on a quiet cul-de-sac. This cozy home features a large galley kitchen, dining room, spacious living room and a one-car garage with a laundry room and washer and dryer hookups. Double pane windows keep the elements at bay while the beautiful natural surroundings create a tranquil atmosphere. The vacant side (#A) is move in ready - perfect for an owner-occupant or for leasing immediately at current market rates. The second unit (#B) is occupied and rented at $1700/month and transitioning to a month-to-month lease on October 1, 2026, providing flexibility for future plans. Located close to schools, shopping, dining, parks and essential services, with easy access to major routes, this duplex supports long-term equity, the property offers versatility, low-maintenance living, and solid appreciation potential.

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Multi-Family Active

Price

$ 499,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,554

Style

Duplex

Lot Size

0.3816

Year Built

1976

Town/City

Olympia

County/Region

Thurston

MLS | Web ID

2510649

Features
General
Living Area 0
Sewer Septic Tank
Heating Baseboard
Cooling None
Possession Closing Negotiable Subject To Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 2
Year Built 1976
Unit Number A & B
Property Subtype Multi Family
Tax Year 2025
Building Name REPL AT RIDGEWOOD
County Thurston
Net Operating Income 14846
Insurance Expense 0
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Cooper Point
Possible Use Residential
Special Listing Conditions None
Status Active
Directions From Cooper Point take a Right on 44th Ave NW Left on Ridgewood Ct 2nd driveway on the Right middle duplex.
High School Capital High
City Olympia
Senior Community Y/N N
High School District Olympia
Zoning Description Residential
Number Of Units Total 2
MLS Area 444 - Olympia Westside
Lot Size Units Square Feet
Lot Size Square Feet 16623
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional VA Loan
Elementary School Leland P Brown Elem
Tax Annual Amount 5554
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Jefferson Mid
Property Condition Average
Public Remarks Excellent rent-ready duplex in highly desirable West Side Cooper Point location. Ideal for investors or buyers looking to live comfortably in while offsetting their mortgage. Each unit is 1058 sf wit
Leasable Area 2115
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Water Company Thurston PUD
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 0
Property Style 52 - Duplex
Cap Rate 2.98
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Exterior
Exterior Amenities Wood Wood Products
Lot Features Cul-De-Sac
Water Source Public
Total Parking 4
Foundation Details Poured Concrete
Building Area Total 2116
Lot Dimensions 15623
Lot Size Acres 0.3816
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features High Speed Internet
Parking Uncovered Total 2
Lot Number 5B
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Interior
Flooring Laminate Carpet
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Bedrooms Possible 4
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2510649
Street Number 1 4420
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* Excluded Features
List By
Jeri L Snyder

Listing Agent

The Rants Group

Broker

Affordability Calculator

$3,535
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,072
Monthly Property Taxes
$463
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
257001 Elementary School
258495 Middle School
Capital High High School
Pricing History
DatePricePrice ChangeDescription
5/28/2026$499,000 Listed Price

Map


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4420 NW Ridgewood Court # A & B, Olympia, WA, 98502 is a Multi-Family Home for sale at $499,000 with 2,116 sqft and a lot size of 0.3816. 4420 NW Ridgewood Court # A & B is a studio with 0.0 baths and was built in 1976. The property's zip code is 98502 which is in Olympia, WA