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902 North Street SE, Olympia, WA, 98501

2beds
2baths
1,232sqft
$499,000
$405price/sqft
$3,126/moest. monthly cost
$125,040/yrincome needed

About This Home

Owning a 1940s 1-bedroom, 1-bathroom duplex in Olympia's Carlyon district offers a perfect blend of historic charm, high rental demand, and a premier neighborhood footprint. Located within the highly coveted Olympia School District, this type of property serves as both an architectural gem and a resilient real estate investment. Solid construction has been modernized with tasteful kitchen and bath renovations. HVAC, plumbing, wiring, and windows have all been updated as well. Cozy, clean 1-bed, 1-bath layout maximizes functionality and is a fan favorite for those in the know. The neighborhood vibe is known for its quiet, tree-lined streets, established gardens, and safe, walkable neighborhood atmosphere. Quick, seamless access to Health clubs, Golf, Olympia Farmers Market, local coffee shops, pubs, and waterfront parks. Easy access to Interstate 5 and state government campuses makes it ideal for many. Absolute simple liv'n house hack option in a great location.

Getting Around

59
WalkingSomewhat Walkable
39
TransitSome Transit
67
BikeBikeable

Schools

7/10
Pioneer Elementary SchoolGrades PK-50.5 mi
8/10
Washington Middle SchoolGrades 6-81.1 mi
9/10
Olympia High SchoolGrades 9-120.4 mi

Construction

Condition

  • Property condition: Very Good
  • Year built: 1949

Materials

  • Foundation: Poured Concrete
  • Roof: Metal
  • Construction materials: Metal/Vinyl

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2

Features

  • Flooring: Laminate,Vinyl Plank,Carpet

Heating & Cooling

  • Heating features: Forced Air,Electric,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,232
  • Total interior livable area: 1,232 sqft

Property

Details

  • Parcel number: 63600200900
  • Zoning description: Multi-Family,Residential,Jurisdiction: City
  • Special condition: Standard

Lot

  • Lot size: 6,682 sqft
  • Features: Corner Lot,Curbs,Paved,Sidewalk,Cable TV,Gas Available,High Speed Internet,Patio
  • Lot size dimensions: 60 x 110

Parking

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

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
    EarthquakeVery High

How This Home’s Risks Compare

Earthquake

FEMA Declared Disasters in Thurston County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

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

MonthlyAnnual
Mortgage $2,523$30,276
Home Insurance *$114$1,368
Property Taxes $340$4,080
Electricity $149$1,793
Total$3,126$37,512
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$107,177/yr
40% on housing$93,780/yr
45% on housing$83,360/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

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.

Insurance Growth Rate5-year average: 10.8%
10.8%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$405This listing

vs Other Active Listings

Avg $/sqft

ZIP 98501$249
Thurston County$297

vs Homes Sold Last Month

Median $/sqft

ZIP 98501$268
Thurston County$285

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

DateEventPrice
2026-06-25Price change$499,000
2026-06-02Listed for sale$519,700

For Sale by Agent

AgentDan Sweeney
BrokerageRE/MAX Parkside Affiliates

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