Property Details
505 Frederick Street NE
Olympia, WA 98506
$435,000
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About This Home
Charming East Olympia cottage blending classic character with thoughtful updates in an exceptionally convenient location! This 2-bedroom, 1-bath home with a finished basement offers comfortable living spaces filled with natural light thanks to large windows throughout. Beautiful hardwood floors add warmth and timeless appeal, while the cozy gas fireplace in the living room creates the perfect gathering space year-round.The kitchen and dining area are bright and the covered porch in the front is a perfect spot for beverages. The BRAND NEW sliding glass door (2026) opens to an inviting outdoor retreat designed for entertaining. The fully fenced backyard features charming landscaping, historic mature rhododendrons & plenty of room to relax, garden, or host . Major updates provide peace of mind, including a BRAND NEW SEPTIC TANK (May 2026), NEW ROOF (2025), NEW SIDING (2023) & exterior PAINT (2024), updated interior paint within the past few years, replacement windows and newer sheetrock in the basement. Spacious one car garage & driveway parking! Ideally situated in a peaceful, established neighborhood with no HOA, this home offers easy access to downtown Olympia, public transit, I-5, and everyday conveniences. Enjoy being within walking distance of local bakeries, cafes, restaurants, and grocery stores while still enjoying the quiet charm of a well-established community. Move-in ready and full of character, this East Olympia gem is one you won't want to miss.
Property Details
Property Information
Property Type
Residential
Subtype
Single Family Residence
Status
Active
County
Thurston
Neighborhood
Eastside Olympia
Listed
Jun 4, 2026
Structure Type
House
Parcel Number
46000300300
Tax & HOA
Annual Property Tax
$4,262 (2026)
Est. Monthly Tax
$355/mo
Interior Features
Bedrooms
2
Bathrooms
1.0
Living Area
1,305 sq ft
Basement
Daylight, Finished
Entry Level
Main
Interior Features
Dbl Pane/Storm Window, Fireplace, Water Heater
Exterior & Lot
Lot Size
0.16 sqft
Year Built
1949
Exterior Materials
Wood
Parking
Driveway, Attached Garage, Off Street
Sewer
Septic Tank
Water Source
Public
Lot Features
Paved
Exterior Features
Wood, Wood Products
Community & Access
Directions
From 4th Ave E, take left on Wilson St NE, Right on Bigelow Ave NE, Right onto Frederick St NE, Home is on Right.
Location
City
Olympia
County
Thurston
Coordinates
47.04945, -122.87260
Schools
School District
Olympia
Elementary School
Roosevelt Elementary
Middle School
Reeves Mid
High School
Olympia High
Additional Information
Tax Year
2026
Annual Taxes
$4,262
Possession
Array
Inclusions
Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
Mortgage Calculator
Estimated Monthly Payment
$0
Down Payment
$0
Loan Amount
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
Check Your EligibilityBased on information submitted to the MLS GRID as of June 5, 2026 12:15 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.
