Active

Listed by: Keller Williams Rty Tacoma • Derek Johnson

$634,950

8111 58th Avenue SE, Olympia, WA 98513

4beds

4baths

2,550sqft

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Duplex

Built in 1976

-- sqft lot

$618,400 Zestimate^®

$249/sqft

$-- HOA

What's special

Great investment opportunity! Nestled among a grove of mature trees for exceptional privacy, this well-maintained 2,550 sq ft duplex offers the perfect blend of peaceful living and income potential with scenic views of Pattison Lake. Each spacious unit features 1,275 sqft of comfortable living space with 2 bedrooms, 2 bathrooms, vaulted ceilings, central heat, and an attached one-car garage. Enjoy the beauty of lake living with public access just down the street and a nearby boat launch, making it easy to spend your days fishing, kayaking, or enjoying the water. Tucked away in a quiet neighborhood, this property offers a peaceful retreat while still being conveniently close to schools, shopping, restaurants, and everyday amenities. Whether you're looking to expand your portfolio or invest in a property with strong long-term potential, this duplex offers a rare combination of privacy, location, and lifestyle.

21 days

733

46

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Heating

90%+ High Efficiency, Baseboard, Stove/Free Standing, Electric, Natural Gas

Cooling

None

Features

Flooring: Ceramic Tile, Laminate, Vinyl Plank, Carpet
Has fireplace: No

Interior area

Total structure area: 2,550
Total interior livable area: 2,550 sqft

Property

Parking

Total spaces: 4
Parking features: Garage
Garage spaces: 2
Uncovered spaces: 2

Features

Has view: Yes
View description: Lake
Has water view: Yes
Water view: Lake

Lot

Size: 0.43 Acres
Features: Dead End Street, Paved, Cable TV, Deck, Gas Available, High Speed Internet

Details

Parcel number: 11702120507
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Duplex
Property subtype: Duplex

Materials

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

Condition

Good
Year built: 1976

Utilities & green energy

Electric: Company: Puget Sound Energy
Sewer: Septic Tank, Company: Septic
Water: Public, Company: Thurston PUD

Community & HOA

Community

Subdivision: Pattison Lake

Location

Region: Olympia

Financial & listing details

Price per square foot: $249/sqft
Tax assessed value: $629,100
Annual tax amount: $7,298
Date on market: 6/24/2026
Cumulative days on market: 23 days
Listing terms: Conventional,FHA,VA Loan

Estimated market value

$618,400

$587,000 - $649,000

$1,992/mo

Price history

Date	Event	Price
6/25/2026	Listed for sale	$634,950+6.7%$249/sqft
Source: NWMLS as distributed by MLS GRID #2545983 Report a problem
7/25/2023	Sold	$595,000$233/sqft
Source: NWMLS as distributed by MLS GRID #2126633 Report a problem
6/19/2023	Pending sale	$595,000$233/sqft
Source: NWMLS as distributed by MLS GRID #NWM2126633 Report a problem
6/15/2023	Listed for sale	$595,000$233/sqft
Source: NWMLS as distributed by MLS GRID #NWM2126633 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$6,673 +26%	$629,100 +16.7%
2023	$5,296 +33.3%	$539,000 +35.7%
2022	$3,973 +3.5%	$397,200 +25.4%
2021	$3,840 -18.6%	$316,800 -13.4%
2020	$4,715 +29.9%	$365,900 +3%
2019	$3,630 -13.5%	$355,200 +12.2%
2018	$4,196 +49.6%	$316,500 +22.1%
2017	$2,805	$259,150 +24.4%
2016	$2,805	$208,350 +3.3%
2014	$2,805	$201,750 +1.4%
2013	--	$198,950
2012	$2,489	--
2011	--	--
2010	--	--
2009	$2,882	--
2008	--	--
2007	$2,792 -33.7%	--
2006	$4,208 +56.2%	--
2005	$2,694	--
2004	--	--
2002	--	--
2001	$2,199 +8.9%	$135,400 +11.4%
2000	$2,020	$121,500

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 98513

Getting around

0 / 100

Car-Dependent

26 / 100

Some Transit

7 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

7/10
Woodland Elementary School
Grades: PK-5Distance: 0.8 mi
5/10
Nisqually Middle School
Grades: 6-8Distance: 3.6 mi
6/10
Timberline High School
Grades: 9-12Distance: 1.7 mi

Schools provided by the listing agent

Elementary: Woodland Elem
Middle: Nisqually Mid
High: Timberline High

Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.