420 Bungalow Drive NW, Olympia, WA, 98502
About This Home
Great opportunity to add to your investment portfolio, offering potential for instant cash flow. This 2007 duplex features 2 townhomes, each w/2 bedrooms & 2.5 bathrooms. One unit includes a two-car garage, while the other offers a one-car garage w/additional storage; both units have driveway parking & private backyards. The homes offer thoughtfully designed open concept floor plans perfect for entertaining, w/soaring 18 ft. living room ceilings, gas fireplaces, & abundant natural light throughout each home. Incredible location making these a commuter's dream, close to schools, parks, groceries, gas stations, countless eateries & entertainment. Perfect first-time real estate investment.
Getting Around
Car-Dependent
Some Transit
BikeableSchools
Construction
Condition
- Property condition: Very Good
- Year built: 2007
Materials
- Foundation: Poured Concrete
- Roof: Composition
- Construction materials: Wood Siding,Wood Products
Notable Dates
- Major remodel year: 2007
Type & Style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subType: Duplex
Interior
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 6
Features
- Flooring: Laminate,Carpet
Heating & Cooling
- Heating features: Forced Air,Electric,Natural Gas
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 2,632
- Total interior livable area: 2,632 sqft
Property
Details
- Parcel number: 51450001110
- Zoning description: Multi-Family
- Special condition: Standard
Features
- Has view: Yes
- View description: Territorial
Lot
- Lot size: 5,998 sqft
- Features: Paved,Sidewalk,Cable TV,Fenced-Fully,Patio,Sprinkler System
Parking
- Total spaces: 6
- Parking features: Garage,Open
- Attached garage spaces: 3
- Covered spaces: 3
- Has uncovered spaces: Yes
- Uncovered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
How This Home’s Risks Compare
FEMA Declared Disasters in Thurston County and Washington
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,590 | $43,080 |
| Home Insurance * | $172 | $2,064 |
| Property Taxes | $485 | $5,820 |
| Electricity | $180 | $2,160 |
| Total | $4,427 | $53,124 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-29 | Price change | $710,000 |
| 2026-01-14 | Price change | $724,900 |
| 2025-11-07 | Listed for sale | $749,900 |
| 2021-03-24 | Listing removed | -- |
| 2017-07-17 | Listing removed | $1,500 |
| 2017-07-11 | Listed for rent | $1,500 |
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