902 North Street SE, Tumwater, WA 98501
- $499,000
- 1,232
- SqFt
Listing courtesy of RE/MAX Parkside Affiliates.
- List Price
- $499,000
- Status
- ACTIVE
- MLS#
- 2532945
- Price Change
- ▼ $20,700 1782441404
- Days on Market
- 105
- Style
- 52 - Duplex
- Building Condition
- Very Good
- Finished SqFt
- 1,232
- Lot Size (sq ft)
- 6,683
Property Description
Owning a 1940s 1-bedroom, 1-bathroom duplex in Olympia's Carlyon district offers a perfect blend of historic charm, high rental demand, and a premier neighborhood footprint. Located within the highly coveted Olympia School District, this type of property serves as both an architectural gem and a resilient real estate investment. Solid construction has been modernized with tasteful kitchen and bath renovations. HVAC, plumbing, wiring, and windows have all been updated as well. Cozy, clean 1-bed, 1-bath layout maximizes functionality and is a fan favorite for those in the know. The neighborhood vibe is known for its quiet, tree-lined streets, established gardens, and safe, walkable neighborhood atmosphere. Quick, seamless access to Health clubs, Golf, Olympia Farmers Market, local coffee shops, pubs, and waterfront parks. Easy access to Interstate 5 and state government campuses makes it ideal for many. Absolute simple liv'n house hack option in a great location.
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Additional Information
- List Date
- 2026-06-01 18:30:13
- Community
- Olympia
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1949
- Roof
- Metal
- Site Features
- Cable TV, Gas Available, High Speed Internet, Patio
- School District
- Olympia
- Elementary School
- Pioneer Elem
- Middle School
- Wash Mid
- High School
- Olympia High
- Total Monthly Income
- $2,760
- Gross Scheduled Income
- $33,120
- Gross Adjusted Income
- $33,120
- Tax Year
- 2026
- Insurance Expense
- $1,480
- W/S/G Expenses
- $638
- Total Expenses
- $8,368
- Net Operating Income
- $24,752
- Gross Rent Multiplier
- 15.7
- Cap Rate
- 5
Mortgage Calculator
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.