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1072 1074 Central St SE, Olympia, WA 98501

  • $489,900

    •

  • —

    bed

  • —

    bath

  • 1,840

    Sqft ($266/Sqft)

House for sale 14 days
$10K price drop
Movoto is helping 27 homebuyers near you

About 1072 1074 Central St SE

Property type House
Neighborhood
Year built 1979
HOA fee $0/month
Lot size 8,280 Sqft
Movoto estimate
Property description
Solid Eastside Olympia duplex in a high-demand rental location just blocks from downtown Olympia. Historically stable income and future upside. Each 920 SF unit features 2 bedrooms, 1 bath, in-unit laundry, laminate floors, skylights and some outdoor space. Generous paved parking area with a large multi-vehicle covered carport adds convenience rarely found at this price point. Ideally located near downtown shopping & restaurants, parks, schools, and everyday amenities, this is a great opportunity for both investors and owner-ocupants.
Listed by
Listing Agent - Bruce Batson
Listing Office - Coldwell Banker Evergreen
Source: NWMLS mls logo
MLS#2495874 • last updated 2 days ago
Movoto checked NWMLS for data 1 hour ago
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Overview
Cooling/AC None
Heating Baseboard
Levels/Style Duplex
MLS # 2495874
SubType Multi Family
Type Residential Income
SqFt 1840
Status Active
Lot Size (SqFt) 8280
Lot Size (Acres) 0.1901
Property Tax 5354
Year Built 1979
Interior
Exterior
Foundation Block
Roof Composition
Construction Wood
# Covered Spaces 3
Parking Desc RV Parking
# Carport Spaces 3
# Parking Spaces 6
# Uncovered Spaces 3
Exterior Features Wood
Amenities / Utilities
Sewer/ Septic Sewer Connected, City Of Olympia
Water Public
Water Company City Of Olympia
Power Company Puget Sound Energy
Power Production: Type Electric, Wood
Security Features Fully Fenced
HOA Amenities See Remarks
Location
County Thurston
Subdivision Eastside Olympia
Area 447 - Olympia North
Elementary School Madison Elem
Middle School Reeves Mid
High School District Olympia
High School Olympia High
APN 53300200500
Zoning Multi-Family
Multifamily Details
Net Operating Income 19698
Capitalization Rate 3.9
Expense: Insurance 2048
Gross Scheduled Income 30750
Gross Adjusted Income 30750
Total Expenses 11052
Gross Rent Multiplier 15.44
Nwm_Totalmonthlyincome 2650
Lot/ Land Details
Site Features Cable TV, Fenced-Fully, High Speed Internet, RV Parking
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4/10
Madison Elementary School
public Grades PK, K-5
Olympia School District
7/10
Reeves Middle School
public Grades 6-8
Olympia School District
8/10
Avanti High School
public Grades 9-12
Olympia School District
9/10
Olympia High School
public Grades 9-12
Olympia School District
Source: GreatSchools.org © 2026. All rights reserved.

Around Eastside

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59/100
Walk
74/100
Family
64/100
Dining
86/100
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  • Real Estate
  • WA
  • Thurston County
  • Olympia
  • 98501
  • Eastside
  • 1072 1074 Central St SE

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