427 429 Thomas St NW, Olympia, WA 98502
- $565,000
- 1,408
- SqFt
Listing Broker: eXp Realty; Mary Terrell; ; Selling Office: RE/MAX Northwest.
- Sold Price
- $565,000
- List Price
- $565,000
- Status
- SOLD
- MLS#
- 2471242
- Closing Date
- Mar 17, 2026
- Days on Market
- 12
- Style
- 52 - Duplex
- Finished SqFt
- 1,408
- Area Total SqFt
- 1408
- Annual Tax Ammount
- 4565
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 7,370
- Sewer
- Sewer Connected
Property Description
Well maintained duplex in a desirable location, offering strong rental appeal & long-term investment potential. Each loft-style unit features 1 BD & 1 BA with vaulted ceilings & an airy floor plan. Spacious kitchens include dining nooks & flow seamlessly into the living areas. Unit 429 has been updated w/ modern cabinetry, quartz countertops, SS appliances, & a ductless mini-split system. The second unit is well kept & move-in ready, providing flexibility for upgrades or immediate income. Both units enjoy patios, fully fenced yards, individual storage units, & garden space. Parking features one carport stall & one add'l parking space. Park located across the street. Dependable cash flow in a convenient, close to everything location. Assumable FHA loan at 4.125%.
/t.realgeeks.media/resize/300x/https://u.realgeeks.media/lakecavanaughrealty%252FLCRElogoeddie.png)
Additional Information
- List Date
- 2026-03-05 00:00:00
- Community
- Westside
- Total Monthly Income
- $3,080
- Insurance Expenses
- $140
- Water/Sewer/Garbage Expenses
- $150
- Total Expenses
- $4,855
- Cap Rate
- 7
- Total Number of Units
- 2
- Unit Name
- 427
- Potential Terms
- Assumable, Cash, FHA
- Year Built
- 1969
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Partially, High Speed Internet, Outbuildings, Patio
- Energy Source
- Electric
- School District
- Olympia
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $3,080
- Tax Year
- 2025
- Insurance Expense
- $140
- W/S/G Expenses
- $150
- Total Expenses
- $4,855
- Cap Rate
- 7
Based on information submitted to the MLS GRID as of . 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 noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.