1508 1510 Fones Road SE Olympia, WA $ 425,000
1508 1510 Fones Road SE
$ 425,000
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1508 1510 Fones Road SE

Olympia, WA, 98501
$ 425,000
Bedrooms2 Baths2.0 Sq 1,150

Monthly Estimate*

$ 2,683

Listed by Better Properties N. Proctor
1508 1510 Fones Road SE, Olympia, WA 98501 - Image 1
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Multi-Family Home for sale in Olympia, WA

for $425,000 with 2 bedrooms and 2 full baths. This 1,150 square foot home was built in 1962 on a lot size of 0.1976.

Side-by-side duplex on a quiet dead-end road. Each unit features 1 bedroom and 1 bathroom, with a simple, functional layout. Both units offer a dedicated carport plus additional parking. Enjoy a convenient location close to shopping, town center, and everyday amenities, with easy access to bus lines and nearby freeways for commuters. **The 1-bedroom unit is currently vacant and available to show, providing an excellent opportunity for an owner-occupant ** Duplex next door is also for sale.

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Multi-Family Active

Price

$ 425,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,599

Style

Duplex

Lot Size

0.1976

Year Built

1962

Town/City

Olympia

County/Region

Thurston

MLS | Web ID

2566733

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Year Built 1962
Property Subtype Multi Family
Tax Year 2026
County Thurston
Net Operating Income 25200
Insurance Expense 1500
New Construction N
Property Type Residential Income
HOA N
Energy Efficient Thermal Windows
Subdivision Name Olympia
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions Pacific Ave head (North) to Fones Road head (East) on the left side of Fones Rd.
City Olympia
Senior Community Y/N N
High School District North Thurston
Zoning Description Multi-Family
Number Of Units Total 2
MLS Area 448 - Olympia South
Lot Size Units Square Feet
Lot Size Square Feet 8606
Carport Spaces 2
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Tax Annual Amount 4599.7
Electric Expense 0
Fuel Expense 0
Property Condition Average
Public Remarks Side-by-side duplex on a quiet dead-end road. Each unit features 1 bedroom and 1 bathroom with a simple functional layout. Both units offer a dedicated carport plus additional parking. Enjoy a conven
Leasable Area 1150
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Amenities Thermal Windows
Water Company City of Olympia
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 2400
Property Style 52 - Duplex
Cap Rate 6
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Exterior
Exterior Amenities Wood Wood Products
Lot Features Paved
Water Source Public
Total Parking 4
Foundation Details Poured Concrete
Building Area Total 1150
Lot Size Acres 0.1976
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Parking Uncovered Total 2
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Interior
Flooring 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
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2566733
Street Number 1 1508
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* Excluded Features
List By
Josh J. Carlson

Listing Agent

Better Properties N. Proctor

Broker

Affordability Calculator

$3,067
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,683
Monthly Property Taxes
$383
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
257450 Elementary School
258892 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/8/2026$425,000 Listed Price

Map


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1508 1510 Fones Road SE, Olympia, WA, 98501 is a Multi-Family Home for sale at $425,000 with 1,150 sqft and a lot size of 0.1976. 1508 1510 Fones Road SE has 2 bedrooms, 2.0 baths, and was built in 1962. The property's zip code is 98501 which is in Olympia, WA