For Sale
House for sale at 3112 Ponderosa St NE, Olympia, WA 98516 | MLS# NWM2528936 | Listing updated on 2026-09-21
Photo 1 of House for sale at 3112 Ponderosa St NE, Olympia, WA 98516 | MLS# NWM2528936 | Listing updated on 2026-09-21
Photo 2 of House for sale at 3112 Ponderosa St NE, Olympia, WA 98516 | MLS# NWM2528936 | Listing updated on 2026-09-21
Photo 3 of House for sale at 3112 Ponderosa St NE, Olympia, WA 98516 | MLS# NWM2528936 | Listing updated on 2026-09-21
Photo 4 of House for sale at 3112 Ponderosa St NE, Olympia, WA 98516 | MLS# NWM2528936 | Listing updated on 2026-09-21
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Listed by: Brian J Dermanoski (360) 280-1980 | Blue Summit Realty LLC (360) 688-4073

$849,950

Monthly Est:$4,231

  • Beds Icon8 Beds
  • Beds Icon
    6 Baths
  • Beds Icon3,484sqft

3112 Ponderosa St NE, Olympia, WA 98516

$4,231/moEst:

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  • Duplex

  • Built in 2020

  • $55/mo HOA

  • 4,740 sqft lot

  • $244/sq.ft

Description

Rare opportunity to own a newer duplex featuring 4 large bedrooms, 2.5 baths and 1,742 sqft per unit, along with a 2-car garage. Gateway North neighborhood is well-kept w/ a cohesive look. Located in a very strong rental area, this duplex has great potential for positive cash flow. Units feature 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 2020 and exceptionally well maintained. Long term leases in place and a great cap rate with room for continued growth. Exterior features custom siding accents and fenced rear yards. Convenient to all amenities and freeway access.

  • Houzeo last checked: 12 hours ago
  • Listing updated: September 21, 2026 at 4:37 pm
  • Source: Northwest Multiple Listing Service | MLS#: NWM2528936 Northwest Multiple Listing Service

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    2

  • County

    Thurston County

  • City

    Olympia

  • Neighborhood

    --

  • Year Built

    2020

  • HOA Fees

    $55/mo

  • Finished Area

    3,484 sqft

  • Lot Size

    4,740 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Northwest Multiple Listing Service

  • MLS Number

    NWM2528936

  • MLS Status

    Active

  • Days on Market

    129

  • Cumulative Days on Market

    129

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Location

HOA Management

N/A

HOA Fees

$660/ Annually

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 8

    Bathrooms: 6

Interior

  • Exterior Features

    Cement/concrete, Wood, Wood Products

  • Heating

    90%+ High Efficiency, Ductless, Wall Furnace

  • Sewer

    Sewer Connected

  • Cooling

    90%+ High Efficiency, Ductless

  • Flooring

    Vinyl Plank

Construction

  • Year Built

    Year Built: 2020

  • Home type

    Duplex

  • Construction Materials

    Cement, Wood

  • Foundation Details

    Poured Concrete

  • Property Condition

    Very Good

  • Roof

    Composition

Utilities & Energy

  • Water Source

    Public

  • Security Features

    Partially Fenced

Other Features

  • Lot Features

    Curbs, Paved, Sidewalk

  • Subdivision Name

    Lacey

Price History

DateEventPrice

05/27/2026

Source: mls_logoNorthwest Multiple Listing Service #NWM2528936

Listed for Sale

$849,950

$244/sqft

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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