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8111 58th Avenue SE Olympia, WA $ 634,950
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8111 58th Avenue SE
$ 634,950
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8111 58th Avenue SE

Olympia, WA, 98513
$ 634,950
Baths0.0 Sq 2,550

Monthly Estimate*

$ 4,009

Listed by Keller Williams Rty Tacoma
8111 58th Avenue SE, Olympia, WA 98513 - Image 1
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8111 58th Avenue SE, Olympia, WA 98513 - Image 3
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8111 58th Avenue SE, Olympia, WA 98513 - Image 6
8111 58th Avenue SE, Olympia, WA 98513 - Image 7
8111 58th Avenue SE, Olympia, WA 98513 - Image 8
8111 58th Avenue SE, Olympia, WA 98513 - Image 9
8111 58th Avenue SE, Olympia, WA 98513 - Image 10
8111 58th Avenue SE, Olympia, WA 98513 - Image 11
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8111 58th Avenue SE, Olympia, WA 98513 - Image 15
Studio

Multi-Family Home for sale in Olympia, WA

for $634,950. This 2,550 square foot home was built in 1976 on a lot size of 0.43.

Great investment opportunity! Nestled among a grove of mature trees for exceptional privacy, this well-maintained 2,550 sq ft duplex offers the perfect blend of peaceful living and income potential with scenic views of Pattison Lake. Each spacious unit features 1,275 sqft of comfortable living space with 2 bedrooms, 2 bathrooms, vaulted ceilings, central heat, and an attached one-car garage. Enjoy the beauty of lake living with public access just down the street and a nearby boat launch, making it easy to spend your days fishing, kayaking, or enjoying the water. Tucked away in a quiet neighborhood, this property offers a peaceful retreat while still being conveniently close to schools, shopping, restaurants, and everyday amenities. Whether you're looking to expand your portfolio or invest in a property with strong long-term potential, this duplex offers a rare combination of privacy, location, and lifestyle.

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Multi-Family Active

Price

$ 634,950

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,298

Style

Duplex

Lot Size

0.43

Year Built

1976

Town/City

Olympia

County/Region

Thurston

MLS | Web ID

2545983
Features
General
Living Area 0
Sewer Septic Tank
Heating 90%+ High Efficiency Baseboard Stove/Free Standing
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 2
Year Built 1976
View Lake
Property Subtype Multi Family
Tax Year 2026
County Thurston
Net Operating Income 33486
Insurance Expense 1111
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Pattison Lake
Special Listing Conditions None
Status Active
Directions GPS
High School Timberline High
City Olympia
Senior Community Y/N N
High School District North Thurston
Number Of Units Total 2
MLS Area 452 - Thurston Se
Lot Size Units Square Feet
Lot Size Square Feet 18731
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School Woodland Elem
Tax Annual Amount 7298.05
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Nisqually Mid
Property Condition Good
Public Remarks Great investment opportunity! Nestled among a grove of mature trees for exceptional privacy this well-maintained 2 550 sq ft duplex offers the perfect blend of peaceful living and income potential wi
Leasable Area 2550
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 5.27
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Exterior
Exterior Amenities Wood Wood Products
Lot Features Dead End Street Paved
Water Source Public
Total Parking 4
Foundation Details Poured Concrete
Building Area Total 2550
Lot Size Acres 0.43
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Gas Available High Speed Internet
Parking Uncovered Total 2
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Interior
Flooring Ceramic Tile Laminate Vinyl Plank 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 NWM2545983
Street Number 1 8111
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* Excluded Features
List By
Derek Johnson

Listing Agent

Keller Williams Rty Tacoma

Broker

Affordability Calculator

$4,617
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,009
Monthly Property Taxes
$608
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
258100 Elementary School
256903 Middle School
Timberline High High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/25/2026$634,950 Listed Price

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8111 58th Avenue SE, Olympia, WA, 98513 is a Multi-Family Home for sale at $634,950 with 2,550 sqft and a lot size of 0.43. 8111 58th Avenue SE is a studio with 0.0 baths and was built in 1976. The property's zip code is 98513 which is in Olympia, WA

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