Property Details
4511 4513 19th Avenue SE
Olympia, WA 98503
$580,000
Pending
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Property Overview
Rambler style duplex offering 2 bedrooms and 1.5 bathrooms per side with fireplace. Convenient Lacey location just minutes from amenities – bus lines, schools, shopping, freeway. Very private setting with back yard views of an open space currently used as community garden. One car garage per side plus guest spots. 1 unit is vacant and the other is currently leased at below market renting on a month to month.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Pending
County
Thurston
Neighborhood
Lacey
Listed
Feb 20, 2026
Financial Summary
Cap Rate
5.30%
Net Operating Income
$30,747
Gross Scheduled Income
$38,400
Total Expenses
$7,653
Building & Use
Building Sq Ft
1,980
Leasable Area
2,556 sqft
Total Units
2
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
12,632 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
Exterior Features
Wood
Location
City
Olympia
County
Thurston
Coordinates
47.02894, -122.82568
Additional Information
Tax Year
2025
Annual Taxes
$5,153
Possession
Array
Based on information submitted to the MLS GRID as of April 29, 2026 6:00 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.
