Well built duplex with great rental history and market leading rents on the popular Cooper Point peninsula. Private lot in a quite wooded community creates an ideal setting for an investor or owner occupant. Large 1200+ sqft units with great open floor plan, 3 beds, 1.5 baths, and attached 1 car garage. Vacant unit has updated flooring, paint, and a fully redone main bath. Brick siding is easy to maintain and will protect your investment from the weather. Large backyards for both units give space to run around and spread out. In a rental environment where solid returns are hard to find, this property offers market beating income.
Sold
Listed by: Olympic Sotheby's Int'l Realty
Bought with: Olympic Sotheby's Int'l Realty
$600,000
4518 Ridgewood Court NW, Olympia, WA 98502
6beds
4baths
2,436sqft
Multi Family
Built in 1970
-- sqft lot
$605,300 Zestimate®
$246/sqft
$2,189 Estimated rent
Home value
$605,300
$563,000 - $648,000
$2,189/mo
Zestimate® history
Owner options
List your home for rent
$2,189/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,189/mo
Rent Zestimate®
Refinance and save
$3,514/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,514/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Large backyardsWooded communityBrick sidingUpdated flooringPrivate lotGreat open floor plan
Zillow last checked:
Listing updated:
Listed by:
John Stormans,
Olympic Sotheby's Int'l Realty,
Jim Greene,
Olympic Sotheby's Int'l Realty
Bought with:
Tommy Lowe, 97082
Olympic Sotheby's Int'l Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2425784
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Laminate, Carpet
- Has fireplace: No
Interior area
- Total structure area: 2,436
- Total interior livable area: 2,436 sqft
Property
Parking
- Total spaces: 4
- Parking features: RV Parking
- Covered spaces: 2
- Uncovered spaces: 2
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.57 Acres
- Features: Cul-De-Sac, Dead End Street, Paved, Cable TV, Patio, RV Parking
Details
- Parcel number: 70730000201
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1970
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank, Company: Septic
- Water: Community, Company: Thurston PUD
Community & neighborhood
Location
- Region: Olympia
- Subdivision: Cooper Point
Other
Other facts
- Listing terms: Conventional,FHA,VA Loan
- Cumulative days on market: 148 days
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2025 | Sold | $600,000-4%$246/sqft |
Source:  NWMLS as distributed by MLS GRID #2425784 Report a problem | ||
| 10/13/2025 | Pending sale | $625,000$257/sqft |
Source: NWMLS as distributed by MLS GRID #2425784 Report a problem | ||
| 8/27/2025 | Listed for sale | $625,000+34.4%$257/sqft |
Source: NWMLS as distributed by MLS GRID #2425784 Report a problem | ||
| 11/25/2020 | Sold | $465,000+30.3%$191/sqft |
Source: NWMLS as distributed by MLS GRID #1671697 Report a problem | ||
| 11/19/2018 | Sold | $357,000-0.8%$147/sqft |
Source: NWMLS as distributed by MLS GRID #1371565 Report a problem | ||
| 10/12/2018 | Pending sale | $360,000$148/sqft |
Source: Keller Williams Realty Olympia #1371565 Report a problem | ||
| 10/6/2018 | Listed for sale | $360,000+27.2%$148/sqft |
Source: Keller Williams Realty Olympia #1371565 Report a problem | ||
| 10/31/2008 | Sold | $283,000-4.1%$116/sqft |
Source: Public Record Report a problem | ||
| 9/26/2008 | Listed for sale | $295,000$121/sqft |
Source: Coldwell Banker** #28111304 Report a problem | ||
| 8/22/2008 | Listing removed | $295,000$121/sqft |
Source: Coldwell Banker** #28111304 Report a problem | ||
| 8/8/2008 | Price change | $295,000-9.2%$121/sqft |
Source: Coldwell Banker** #28111304 Report a problem | ||
| 7/12/2008 | Listed for sale | $325,000$133/sqft |
Source: Coldwell Banker** #28111304 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,049 +29.1% | $631,800 +31.1% |
| 2023 | $5,460 0% | $481,800 -1.8% |
| 2022 | $5,461 +6.7% | $490,600 +22.2% |
| 2021 | $5,117 -5.2% | $401,600 +4% |
| 2020 | $5,397 +37.1% | $386,100 +0.4% |
| 2019 | $3,936 -4.6% | $384,500 +24.5% |
| 2018 | $4,125 +34.9% | $308,900 +3.5% |
| 2017 | $3,057 | $298,500 +29.8% |
| 2016 | $3,057 | $229,950 +4.9% |
| 2014 | $3,057 | $219,300 +9.9% |
| 2013 | -- | $199,550 |
| 2012 | $2,978 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $3,039 | -- |
| 2008 | -- | -- |
| 2007 | $2,881 -34.7% | -- |
| 2006 | $4,415 +55.2% | -- |
| 2005 | $2,844 | -- |
| 2004 | -- | -- |
| 2002 | -- | -- |
| 2001 | $2,392 +2.8% | $147,500 +2.9% |
| 2000 | $2,328 | $143,400 |
Find assessor info on the county website
Neighborhood: 98502
Nearby schools
GreatSchools rating
- 7/10Leland P Brown Elementary SchoolGrades: K-5Distance: 1.8 mi
- 9/10Jefferson Middle SchoolGrades: 6-8Distance: 3.1 mi
- 8/10Capital High SchoolGrades: 9-12Distance: 3.3 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$605,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$605,300
- Washington
- Thurston County
- Olympia
- 98502
- 4518 Ridgewood Court NW
Nearby cities
Nearby zip codes
Other Olympia Topics
