1508 1510 Fones Road SE, Olympia, WA 98501
- $425,000
- 1,150
- SqFt
Listing courtesy of Better Properties N. Proctor.
- List Price
- $425,000
- Status
- ACTIVE
- MLS#
- 2566733
- Days on Market
- 0
- Style
- 52 - Duplex
- Building Condition
- Average
- Finished SqFt
- 1,150
- Area Total SqFt
- 1150
- Annual Tax Ammount
- 4599.7
- Lot Size (sq ft)
- 8,606
- Sewer
- Sewer Connected
Property Description
Side-by-side duplex on a quiet dead-end road. Each unit features 1 bedroom and 1 bathroom, with a simple, functional layout. Both units offer a dedicated carport plus additional parking. Enjoy a convenient location close to shopping, town center, and everyday amenities, with easy access to bus lines and nearby freeways for commuters. **The 1-bedroom unit is currently vacant and available to show, providing an excellent opportunity for an owner-occupant ** Duplex next door is also for sale.
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Additional Information
- List Date
- 2026-08-08 19:13:12
- Community
- Olympia
- Net Operating Income
- $25,200
- Gross Adjusted Income
- $34,200
- Gross Scheduled Income
- $36,000
- Total Monthly Income
- $3,000
- Insurance Expenses
- $1,500
- Water/Sewer/Garbage Expenses
- $2,400
- Gross Rent Multiplier
- 11.8
- Total Expenses
- $8,999
- Cap Rate
- 6
- Vacancy Rate
- 5
- Total Number of Units
- 2
- Unit Name
- 1508 1510
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1962
- Roof
- Composition
- Other Expenses
- 500
- Energy Source
- Electric
- School District
- North Thurston
- Total Monthly Income
- $3,000
- Gross Scheduled Income
- $36,000
- Vacancy Rate
- 5
- Gross Adjusted Income
- $34,200
- Tax Year
- 2026
- Insurance Expense
- $1,500
- W/S/G Expenses
- $2,400
- Total Expenses
- $8,999
- Net Operating Income
- $25,200
- Gross Rent Multiplier
- 11.8
- Cap Rate
- 6
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.