Property Details
1418 Mamook Court NE
Olympia, WA 98516
$615,000
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Property Overview
Well-maintained duplex townhome located on a quiet cul-de-sac in desirable NE Olympia. This light-filled home features a functional open-concept layout with spacious living and dining areas, perfect for everyday living and entertaining. The kitchen offers ample cabinetry and counter space, creating both efficiency and style. Generous bedrooms provide comfort and privacy, while large windows bring in abundant natural light throughout. A cozy wood fireplace in the living room. Enjoy low-maintenance living with a private patio/yard area ideal for relaxing or outdoor gatherings. An attached garage and additional driveway parking add convenience. Ideally situated near shopping, dining, parks, and major commuter routes, with easy access to 1-5 and nearby amenities in Lacey and Tacoma. A great opportunity for owner-occupants or investors seeking a strong rental location in the Olympia area.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Thurston
Neighborhood
Tanglewilde
Listed
Feb 17, 2026
Original Price
$635,000
Financial Summary
Cap Rate
0.04%
Net Operating Income
$25,860
Gross Scheduled Income
$34,500
Gross Rent Multiplier
18.40
Total Expenses
$8,640
Building & Use
Building Sq Ft
2,280
Leasable Area
2,280 sqft
Total Units
2
Zoning
Residential
Possible Use
Residential
Lot Size
13,138 sqft
Year Built
1983
Exterior & Lot
Lot Size
0.30 sqft
Year Built
1983
Garage
2 spaces
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Corner Lot, Cul-De-Sac
Exterior Features
Wood
Location
City
Olympia
County
Thurston
Coordinates
47.06473, -122.74563
Additional Information
Tax Year
2026
Annual Taxes
$5,883
Possession
Array
