503 Devoe St NE

Olympia, WA 98506
  • $659,000

    Price
  • 5

    Bed
  • 3

    Bath
  • 2,422

    SqFt

About the Listing 10417 - 118596

Great opportunity to acquire a freshly remodeled duplex in excellent condition with tremendous income producing potential. Or occupy one side and lease out the other to decrease your mortgage payment. Located on Olympia’s Eastside in the UGA, just outside city limits, this 2011-built duplex offers two established rental units plus potential to expand. The property includes a 3-bedroom, 2-bath unit with a 1-car garage and a fully remodeled 2-bedroom, 1-bath unit with a 1-car garage. The smaller unit has been extensively updated with LVP flooring, quartz countertops, new kitchen cabinets, appliances, doors, millwork, trim, and fresh paint. The nearly half-acre lot provides potential to develop an additional duplex, creating the possibility for four total units and increased income-producing capacity. Strong location, Olympia schools, existing rental income, and future possibilities for development. This is a great location within walking distance to most Eastside Olympia amenities, but has a rural feel of living in the country!

Listing Highlights

Status Active
Days on Site 15
Property Type Multi-Family
MLS ® 2567540
Year Built 2011
Total Square Footage 2,422
Lot/Acreage 0.44
County Thurston
Neighborhood Eastside Olympia
School District Olympia
Elementary School Roosevelt Elementary
Middle School Reeves Middle
High School Olympia High

Interior Details

  • Bedrooms: 5
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces: 0
  • Floor: Vinyl Plank,Carpet
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: City of Olympia

Exterior Details

  • Lot Description: Dead End Street,Paved,Cable TV,Deck,High Speed Internet,Patio,Zoning: Multi-Family,Residential
  • Garage Capacity: 3 car
  • Parking Spaces: 11
  • Zoning: Multi-Family,Residential
  • Roof: Composition
  • Others: Cement Planked,Wood
  • Sewer: Septic

Financial Details

  • Tax Amount: $6,873
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 34201100203
  • Tax Year: 2025

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

503 Devoe St NE Olympia, WA 98506

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: nwmls

Agent profile image in chat bubble
Agent profile image in chat header

Zachary Dresel

Tier 2 Support | Legacy 3 | Keller Williams Realty

Agent profile image in message

or another way