Provided by NWMLS, Listed by Better Properties N. Proctor

Active

1512 Fones Road SE

Olympia WA, 98501

$2,750,000


$336.64 per sqft

Active

8,169 sqft

Multi-family

Built in 1963

Great investment property! Own a whole neighborhood. On a private cul-de-sac with 3 duplexes and 3 homes each on individual parcels. 9 total units on 6 parcels. Each property is connected to sewer and public utilities. Just add individual water meters to each and you can sell them separate. Units are in great shape. Multiple new kitchens and interior updates over the past few years. The city is bringing road enhancements along Fones road now. Close in location, easy freeway access, excellent stable rental income. Many possibilities with property; hold and cash flow or sell each off individually. Property is located in "opportunity zone" with tax benefits, might be an estate planning stategy. Take advantage of this unique opportunity.

2314484

MLS ID

December 4, 2024

Listed

December 13, 2024

Updated

Map

1512 Fones Road SE
Olympia WA, 98501

Interior Features

Total Stories

1


Interior Features

Ceramic Tile, Laminate Hardwood, Wall to Wall Carpet


Floor Description

Ceramic Tile, Laminate, Vinyl, Carpet


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Baseboard, Forced Air

Exterior/Building Features

Lot Size

1.34 Acres


Exterior Features

Brick, Wood, Wood Products


Lot Features

Dead End Street, Paved


Roof

Composition, Torch Down


Sewer

Sewer Connected

School Information

School District

North Thurston

Other Property Details

Area Name

448 - Olympia South


Taxes

$19,644


Tax Frequency

Annually


Garage

No


Parking Total

20


View

No


County

Thurston


Water Source

Public


Pool

No

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 12/23/2024. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 12/23/2024 at 4:00 PM UTC . 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.

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Data last updated on 12/23/2024 at 4:00 PM UTC 

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