USAWAOlympiaEastside Olympia503 Devoe St Ne
Listing image | Image 1

503 Devoe St Ne, Olympia, WA

House

For Sale

Listed price in listed location currency (USD).
$615,000

0011

MLS® 2567540

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $6,873
Days Active 63
Lot Size 0.4418 Acres
Approx. Age 2011
MLS® Number 2567540

Property Address: 503 Devoe St Ne, Olympia, WA, 98506-4942

Average square foot calculated using Size range provided by listing agent.

Description

Seller Financing available with a large down payment at a lower rate!! Great opportunity to acquire a freshly remodeled duplex in excellent condition with tremendous income producing potential with a CAP rate of 7.49%! That is an incredible CAP rate. Or occupy one side and lease out the other to decrease your mortgage payment. Located on Olympia’s Eastside in the UGA, just outside city limits, this 2011-built duplex offers two established rental units plus potential to expand. The property includes a 3-bedroom, 2-bath unit with a 1-car garage and a fully remodeled 2-bedroom, 1-bath unit with a 1-car garage. The 2 bedrm unit has been extensively updated with LVP flooring, quartz countertops, new kitchen cabinets, appliances, doors, millwork, trim, and fresh paint. The nearly half-acre lot provides potential to develop an additional duplex, creating the possibility of four total units and increased income-producing capacity. Strong location, Olympia schools, existing rental income, and future possibilities for development. This is a great location within walking distance to most Eastside Olympia amenities, while keeping that rural feel of living in the country!
MLS® Number2567540
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age2011
Basement
Driveway
Garage Spaces
HeatForced Air
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 11, 2026List Date
$615,000List Price
  • Commute

Commute

Starting Address
Destination Address
503 Devoe St Ne, Olympia, WA

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