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Listed by: Brian J Dermanoski (360) 280-1980 | Blue Summit Realty LLC (360) 688-4073
$674,950
Monthly Est:$3,359
5 Beds
3 Baths
2,207sqft
1823 Karen Frazier Rd SE, Olympia, WA 98501
$674,950
$3,359/moEst:
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Duplex
Built in 2022
$-- HOA
5,150 sqft lot
$306/sq.ft
Description
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.
- Houzeo last checked: 12 hours ago
- Listing updated: September 18, 2026 at 2:44 am
- Source: Northwest Multiple Listing Service | MLS#: NWM2528804
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
2022
HOA Fees
-
Finished Area
2,207 sqft
Lot Size
5,150 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2528804
MLS Status
Active
Days on Market
133
Cumulative Days on Market
132
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 3
Interior
Flooring
Vinyl Plank
Exterior Features
Cement/concrete, Wood, Wood Products
Sewer
Sewer Connected
Heating
90%+ High Efficiency, Ductless, Wall Furnace
Cooling
90%+ High Efficiency, Ductless
Construction
Year Built
Year Built: 2022
Home type
Duplex
Roof
Composition
Property Condition
Very Good
Foundation Details
Poured Concrete
Construction Materials
Cement, Wood
Utilities & Energy
Security Features
Partially Fenced
Other Features
Lot Features
Curbs, Paved, Sidewalk
Subdivision Name
Olympia
Price History
| Date | Event | Price |
|---|---|---|
05/23/2026 Source: | Price Decreased | $674,950 -3.57% $306/sqft |
05/23/2026 Source: | Listed for Sale | $699,950 $317/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 02, 2026, 09:01AM. 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; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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