1823 Karen Frazier Road SE, Olympia, WA 98501

Multi-Family Home
Built in 2022
5,149sqft lot
2 car garage
$——/sqft
Listed 1 month ago

Property 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.

Listing Status:: Active
Data Last Updated:: July 6, 2026 at 4:19AM
Listing Office:: Blue Summit Realty LLC : 360-688-4073
Listing Agent:: Brian J Dermanoski : 360-688-4073
MLS ID:: 2528804

Flooring: Vinyl Plank
A/C: 90%+ High EfficiencyDuctless
Heating: 90%+ High EfficiencyDuctlessWall Furnace
Fireplace: Fireplaces: 0

General: Cement/ConcreteWoodWood Products
Parking: Parking spaces: 4

Roofing: Composition
General: 52 - DuplexPoured Concrete

HOA Amenities: 0.0
Originating MLS: nwmls
School District: Olympia
County: Thurston

Zoning: 76000600111

Sewer: Sewer Connected

Source: nwmls

This listing courtesy of Brian J Dermanoski , Blue Summit Realty LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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