About This Home

Like new investment opportunity in the heart of Olympia. This duplex style home features a 3 bedroom, 2.5 bath main home with an attached 2 bedroom, 1 bath ADU. Both homes features solid surface flooring throughout, granite counters throughout, stainless appliances, high efficiency mini split heat pump systems with air conditioning, and energy efficient insulation and lighting packages. Built in 2022 and exceptionally maintained. Long term leases in place and a great cap rate with room for continued growth. Exterior features custom accents and fenced rear yards. Close to all amenities and freeway access, with top rated Olympia schools nearby.

Getting Around

Car-Dependent

Some Transit

Somewhat Bikeable

Schools

8/10

McKenny Elementary SchoolGrades PK-51.0 mi

8/10

Washington Middle SchoolGrades 6-80.8 mi

9/10

Olympia High SchoolGrades 9-121.3 mi

Construction

Condition

Property condition: Very Good
Year built: 2022

Materials

Foundation: Poured Concrete
Roof: Composition
Construction materials: Cement/Concrete,Wood Siding,Wood Products

Type & Style

Home type: MultiFamily
Architectural style: Duplex
Property subType: Duplex,Multi Family

Interior

Bedrooms & Bathrooms

Bedrooms: 5
Bathrooms: 3

Features

Flooring: Vinyl Plank

Heating & Cooling

Heating features: 90%+ High Efficiency,Ductless,Wall Furnace,Electric
Cooling features: 90%+ High Efficiency,Ductless

Interior Area

Total structure area: 2,207
Total interior livable area: 2,207 sqft

Property

Details

Parcel number: 76000600107
Zoning description: Residential,Jurisdiction: City
Special condition: Standard

Lot

Lot size: 5,148 sqft
Features: Curbs,Paved,Sidewalk,Cable TV,Fenced-Partially,High Speed Internet,Patio

Parking

Total spaces: 4
Parking features: Garage
Attached garage spaces: 2
Covered spaces: 2
Uncovered spaces: 2

1815 Karen Frazier Road SE, Olympia, WA, 98501