Active · Residential Income

1823 Karen Frazier Road SE, Olympia, WA 98501

Olympia, WA 98501

$674,950

— bedrooms · — bathrooms · 0 sq ft

Loading property photos…

Listing provided by Blue Summit Realty LLC · MLS #2528804 · Active

More properties in Olympia · Explore local city guides

About this property

Like new investment opportunity in the heart of Olympia. This duplex style home features a 3 bedroom, 2.5 bath main home with an attached 2 bedroom, 1 bath ADU. Both homes features solid surface flooring throughout, granite counters throughout, stainless appliances, high efficiency mini split heat pump systems with air conditioning, and energy efficient insulation and lighting packages. Built in 2022 and exceptionally maintained. Long term leases in place and a great cap rate with room for continued growth. Exterior features custom accents and fenced rear yards. Close to all amenities and freeway access, with top rated Olympia schools nearby.

Property details

Property type: Multi Family
Year built: 2022
Lot size: 5,150 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $7,661 (2026)
Parking spaces: 4
School district: Olympia

Listings courtesy of Northwest MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 10/7/2026, 12:00:31 AM Pacific. 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 to identify prospective properties they may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Some IDX listings have been excluded from this website: search includes current Active, Active Under Contract, Pending and Coming Soon listings.