Property Details
4416 Ridgewood Court NW #A & B
Olympia, WA 98502
$499,000
Active
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Property Overview
Duplex Investment Opportunity in Olympia! Well-located duplex in the Cooper Point area offering flexibility for both investors and owner-occupants. This single-story property features two 2-bedroom, 1-bath units, each approximately 904 square feet, for a total of 1,808 square feet of living space. Unit A is currently occupied, providing immediate rental income, while Unit B is vacant and available for occupancy or lease-up. Each unit includes a functional layout with kitchen appliances (range/oven, refrigerator, dishwasher) and comfortable living spaces. Situated on a spacious ~0.33-acre lot in a cul-de-sac setting, the property offers a residential environment with convenient access to local amenities, services, and transportation routes.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Thurston
Neighborhood
Cooper Point
Listed
May 7, 2026
Financial Summary
Gross Scheduled Income
$19,800
Total Expenses
$5,435
Vacancy Rate
50.0%
Building & Use
Building Sq Ft
1,808
Leasable Area
1,808 sqft
Total Units
2
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
14,288 sqft
Year Built
1981
Exterior & Lot
Lot Size
0.33 sqft
Year Built
1981
Garage
2 spaces
Exterior Materials
Wood
Sewer
Septic Tank
Water Source
Public
Lot Features
Cul-De-Sac
Exterior Features
Wood
Location
City
Olympia
County
Thurston
Coordinates
47.09594, -122.93603
Additional Information
Tax Year
2026
Annual Taxes
$5,435
Possession
Array
Based on information submitted to the MLS GRID as of May 18, 2026 5:30 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.
