$675,000
1438 SE Fones Rd, Olympia, WA 98501
2,383 Sq Ft

MLS #2548425 / Listing provided by NWMLS & Kelly Right RE of Seattle LLC.

$675,000

1438 SE Fones Rd
Unit A&B

Olympia, WA 98501

Active 21 hours ago
2,383
Sq Ft
$283
Per Sq Ft
1955
Year Built

PRICE IMPROVEMENT!! Excellent Location & Strong Investment Opportunity! Well-maintained units in great condition, featuring thoughtful interior updates completed over the past few years. The property benefits from ongoing city road improvements along Fones Road, enhancing accessibility and long-term value. Ideally situated in a close-in location and very close to a freeway exit, this property offers easy commuting and excellent convenience. Enjoy stable and reliable rental income in a highly accessible area. Located within an Opportunity Zone, providing potential tax advantages and appealing estate planning considerations. Owner-occupancy may be possible in Unit A—adding flexibility for investors or owner-users alike. Recent upgrades include: New roof (2025) New water heater Updated flooring Upgraded electrical panel Don’t miss this unique investment opportunity!

Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.

Interior Features

Bedrooms

  • Upper Level Bedrooms: 0

Fireplaces

  • Total Fireplaces: 0

Heating & Cooling

  • Heating: Yes
  • Cooling: No
Exterior Features

Parking

  • Garage Spaces: 2
  • Parking Total: 4
  • Total Uncovered Parking Spaces: 2

Structure

  • Roof: Composition
  • Exterior Features: Brick, Wood, Wood Products

Lot Details

  • Lot Features: Corner Lot
  • Acres: 0.3505
Area Features

Schools

  • High School District: North Thurston
  • High School: Buyer To Verify
  • Middle School: Buyer To Verify
  • Elementary School: Buyer To Verify

Lot Details

  • Lot Features: Corner Lot
  • Acres: 0.3505
Utilities

Power

  • Energy Source: Electric
  • Power Company: PSE

Water, Sewer, and Garbage

  • Sewer Company: City of Olympia
  • Sewer: Sewer Connected
  • Water Company: City Of Olympia
  • Water Source: Public
  • Water, Sewer, and Garbage: 2800
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