Property Details
2015 2017 8th Court SW
Olympia, WA 98502
$595,000
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Property Overview
Here is your opportunity to buy a duplex and become your own landlord, conveniently located on the Westside of Olympia. Both units are 2 beds / 1 bath and feature updated kitchens, appliances, water heaters, windows, and paint. Heat pumps for efficient heating and cooling, as well as real hardwood floors throughout the main living area. Individual garages, large private patios, and an expansive back yard helps this property appeal to the potential tenants of all sorts. Live in one side and have your tenant make half your mortgage payment or rent both, as it would cash flow. HOA maintained common area landscaping. Situated on a quiet dead-end street, this duplex is just minutes from schools, shopping, healthcare, HWY 101, and I5. Great long term tenant in one unit who would like to stay, other being kept vacant for sales purposes.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Thurston
Neighborhood
Olympia
Listed
Jun 19, 2026
Original Price
$610,000
Structure Type
Duplex
Parcel Number
65240000300
Tax & HOA
Annual Property Tax
$6,115 (2026)
Est. Monthly Tax
$510/mo
HOA Fee
$184/monthly
Financial Summary
Cap Rate
5.30%
Net Operating Income
$32,645
Gross Scheduled Income
$44,400
Gross Rent Multiplier
13.73
Total Expenses
$11,755
Building & Use
Building Sq Ft
1,862
Leasable Area
1,862 sqft
Total Units
2
Zoning
Residential
Possible Use
Residential
Lot Size
12,815 sqft
Year Built
1977
Exterior & Lot
Lot Size
0.29 sqft
Year Built
1977
Garage
2 spaces
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Cul-De-Sac, Curbs, Paved
Exterior Features
Wood, Wood Products
Community & Access
Directions
HWY 101 to Black Lake Blvd SW. Right on 9th Ave SW. Left onto Soroya Dr to immediate right onto 8th Court SW.
Location
City
Olympia
County
Thurston
Coordinates
47.04013, -122.92697
Additional Information
Tax Year
2026
Annual Taxes
$6,115
Possession
Array
Based on information submitted to the MLS GRID as of August 12, 2026 7:15 PM. 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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
