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1813 Franklin Street SE, Olympia, WA, 98501

3beds
2baths
2,903sqft
$549,900
$189price/sqft
$3,567/moest. monthly cost
$142,680/yrincome needed

About This Home

Great Olympia investment opportunity featuring 2 tenant-occupied units plus a partially finished basement with future rental potential once completed! Charming property with strong income-producing possibilities in a convenient location near downtown Olympia, shopping, restaurants, parks, & I-5 access. Each unit offers functional living spaces with included appliances: refrigerator, stove, dishwasher, washer & dryer. Property features classic character, ample parking, & flexibility for investors or owner-occupants looking to offset expenses. Basement space provides additional upside opportunity for added income or expanded living area with an already finished and built full size bathroom. Don’t miss this versatile multi-unit property with immediate cash flow & future potential! Interior photos coming soon.

Getting Around

67
WalkingSomewhat Walkable
47
TransitSome Transit
87
BikeVery Bikeable

Schools

5/10
8/10
Washington Middle SchoolGrades 6-81.6 mi
10/10
Olympia High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1926

Materials

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

Notable Dates

  • Major remodel year: 1981

Type & Style

  • Home type: MultiFamily
  • Architectural style: Duplex
  • Property subType: Duplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Flooring: Laminate,Vinyl,Carpet

Heating & Cooling

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

Interior Area

  • Total structure area: 2,903
  • Total interior livable area: 2,903 sqft

Property

Details

  • Parcel number: 39400300900
  • Special condition: Standard

Features

  • Has view: Yes
  • View description: Territorial

Lot

  • Lot size: 5,000 sqft
  • Features: Curbs,Paved,Sidewalk,Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Outbuildings

Parking

  • Total spaces: 2
  • Uncovered spaces: 2