521 & 523 Boulevard Road SE

Olympia, WA 98501
Square Ft.
1,588
Market LogoListing courtesy of Keller Williams Realty PS, 253-835-4500
$499,950
RARE OLYMPIA INVESTMENT + DEVELOPMENT OPPORTUNITY! Two 2-bedroom, 1-bath rental homes PLUS a separate adjacent 5,779 sq. ft. building lot—all offered together at $499,950. Live in one, rent both, or explore future development possibilities while maintaining existing rental income. 523 Boulevard Rd SE is 769 sq. ft., built in 1962,… Read MoreRead Less
Listing Snapshot
Cumulative Days Active
153
Last Updated
Property Type
Multi Family
Square Ft.
1,588
Lot Size
0.27 Acres
Year Built
1962
Property Tax
$6,482
MLS Number
2517453
Property Location Map
Additional Details
Building
Built in 1962, 1 storey, Construction Materials: Wood
Cooling
None
Expenses
Insurance: $1,134
Exterior Features
Wood
Floors
Vinyl, Vinyl Plank, Carpet
Foundation
Pillar/Post/Pier
Heating
Baseboard
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $40,080, Net Operating Income: $32,463
Lot
0.2653 acres, Dimensions: 110 x 53 & 110 X 53, Paved
Parking
2 carport spaces, 2 covered spaces, 4 total parking spaces
Property
Leasable area: 1588, Territorial
Roof
Composition
Sewer
Sewer Connected
Taxes
Parcel Number: 48800100900, Annual Amount: $6,482.38, Year: 2026, Zoning description: Residential, See Remarks
Utilities
Water Source: Public, Electric

Based on information submitted to the MLS GRID as of .

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Monthly Payment
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Lisa Wray
REALTOR®
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