Skip To Content

1438 Fones Road SE , A&B

Olympia, WA 98501
  • $649,900
  • STATUS: Active
  • ID#: 2321579
New
UPDATED: 46 min ago
$649,900
  • 0
    BEDS
  • 0.35
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,383
    SQFT
  • $273
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1955
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Better Properties N. Proctor.
Mortgage Calculator is provided by BoomTown.

Description

Large Duplex with good rental income. Excellent location! Units are in great shape. With interior updates over the past few years. The city is bringing road enhancements along Fones road now. Close in location, easy freeway access, excellent stable rental income. Property is located in "opportunity zone" with tax benefits, might be an estate planning stategy. Take advantage of this unique opportunity. Owner occupied option may be available on Unit A. **Neighboring duplexes are also for sale**

Monthly Payment Calculator



The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Costello Team | Real Broker, LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-01-15T12:14:46.983. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-01-15T12:14:46.983. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.costelloteam.com/homes/159368680
Print Image

1438 Fones Road SE , A&B Olympia, WA 98501

  • Price: $649,900
  • Status: Active
  • On Site: Days
  • Updated: 46 min ago
  • ID#: 2321579
0
Beds
0
Baths
0
½ Baths
0.35
Acres
2,383
SQFT
$273
$/SQFT
1955
Built
Neighborhood:
Olympia
County:
Thurston
Area:
Olympia South
Elementary School:
Pleasant Glade Elem
Middle School:
Chinook Mid
High School:
North Thurston High
School District:
North Thurston
Property Description
Large Duplex with good rental income. Excellent location! Units are in great shape. With interior updates over the past few years. The city is bringing road enhancements along Fones road now. Close in location, easy freeway access, excellent stable rental income. Property is located in "opportunity zone" with tax benefits, might be an estate planning stategy. Take advantage of this unique opportunity. Owner occupied option may be available on Unit A. **Neighboring duplexes are also for sale**
Exterior Features

Carport Spaces 0 Carport YN No Construction Methods Standard Frame Covered Spaces 2 Exterior Features BrickWoodWood Products Lot Features Dead End StreetPaved Open Parking Spaces 2 Open Parking YN Yes Parking Total 4 Parking Uncovered Spaces 2 Roof Composition Structure Type Duplex Style Code 52 - Duplex View YN No Waterfront YN No

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 2383 Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring LaminateVinylCarpet Heating BaseboardWall Unit(s) Heating YN Yes Interior Features Laminate HardwoodWall to Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities Thermal Windows Association Fee 0 Association YN No Energy Source Electric FIRPTAYN No Foundation Details Poured Concrete Green Energy Efficient Thermal Windows Irrigation Water Rights YN No Listing Terms Cash OutConventionalFHAVA Loan Net Operating Income 38335 New Construction YN No Possession ClosingTenant's Rights Possible Use Multi-Family Power Company PSE Power Production Type Electric Property Condition Good Property Sub Type Multi-Family Security Features FullyFenced Senior Community YN No Sewer Sewer Connected Sewer Company City of Olympia Site Features Fenced-PartiallyPatio Special Listing Conditions None Tax Annual Amount 5593 Tax Year 2024 Units In Building Total 2 Water Company City of Olympia Water Source Public Year Built Effective 1987 Zoning Class Multi-Family



The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Costello Team | Real Broker, LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-01-15T12:14:46.983. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-01-15T12:14:46.983. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_2321579-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_2321579-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_2321579-1.jpg
Logo
Costello Team | Real Broker, LLC
100 116th Ave SE
Bellevue WA, 98004
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Better Properties N. Proctor.
Mortgage Calculator is provided by BoomTown.