Property Details

1418 Mamook Court NE
Olympia, WA 98516
$615,000
MLS# 2481367 courtesy of NWMLS Listing firm: Hayden Outdoors LLC

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1418 Mamook Court NE, Olympia, WA 98516, Olympia

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1418 Mamook Court NE, Olympia, WA 98516, Olympia

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Multi-Family
Property Type
2,280
Bldg Sq Ft
2
Units
0.04%
Cap Rate
1983
Year Built

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
Listed By
Paul W Valentine
Hayden Outdoors LLC

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