Sold

Listed by: Olympic Sotheby's Int'l Realty • John Stormans

Bought with: Coldwell Banker Evergreen

$600,000

525 527 16th Avenue SE, Olympia, WA 98501

6beds

4baths

2,588sqft

Duplex, Multi Family

Built in 1960

-- sqft lot

$597,400 Zestimate^®

$232/sqft

$1,663 Estimated rent

Home value

$597,400

$556,000 - $645,000

$1,663/mo

Zestimate^® history

Owner options

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$1,663/mo

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$1,663/mo

Rent Zestimate^®

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$3,669/mo

Est. payment

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$3,669/mo

Est. payment

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What's special

Functional livingVintage characterSpacious bedroomsClassic charm

Well-maintained and full of classic charm, this 2,588+/- sq ft duplex is a rare find in Olympia’s highly desirable South Capitol neighborhood. Each unit offers 3 spacious bedrooms and 2 bathrooms, blending vintage character with functional living. A fantastic investment opportunity, this property provides strong cash flow potential for investors or is ideal for owner-occupants looking to offset their mortgage with rental income. Located just minutes from the Capitol Campus and vibrant downtown Olympia, enjoy easy access to shops, dining, parks, and more. Whether you're building your portfolio or seeking a home with added financial benefit, this duplex delivers flexibility, charm, and prime location. Come see today!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4

Heating

Other – See Remarks, Electric

Cooling

None

Features

Flooring: Vinyl, Carpet
Has fireplace: No

Interior area

Total structure area: 2,588
Total interior livable area: 2,588 sqft

Property

Parking

Total spaces: 4
Parking features: Open
Carport spaces: 2
Uncovered spaces: 2

Lot

Size: 8,276 Square Feet
Features: Cul-De-Sac, Curbs, Sidewalk, Cable TV, Deck, Fenced-Partially, High Speed Internet

Details

Parcel number: 09690024000
Special conditions: Standard

Construction

Type & style

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

Materials

Wood Siding, Wood Products
Foundation: Poured Concrete
Roof: Composition

Condition

Year built: 1960

Utilities & green energy

Electric: Company: PSE
Sewer: Sewer Connected, Company: City of Olympia
Water: Public, Company: City of Olympia
Utilities for property: Xfinity, Xfinity

Community & HOA

Community

Subdivision: Capital Campus

Location

Region: Olympia

Financial & listing details

Price per square foot: $232/sqft
Annual tax amount: $6,332
Date on market: 7/25/2025
Cumulative days on market: 362 days
Listing terms: Conventional,VA Loan

Price history

Date	Event	Price
9/19/2025	Sold	$600,000$232/sqft
Source: NWMLS as distributed by MLS GRID #2380406 Report a problem
8/18/2025	Pending sale	$600,000$232/sqft
Source: NWMLS as distributed by MLS GRID #2380406 Report a problem
7/31/2025	Price change	$600,000-4%$232/sqft
Source: NWMLS as distributed by MLS GRID #2380406 Report a problem
7/11/2025	Price change	$625,000-3.8%$241/sqft
Source: NWMLS as distributed by MLS GRID #2380406 Report a problem
5/23/2025	Listed for sale	$650,000$251/sqft
Source: NWMLS as distributed by MLS GRID #2380406 Report a problem