1815 Karen Frazier Road Se, Olympia, WA 98501

Olympia
Local realty services provided by:Better Homes and Gardens Real Estate Pacific Commons
Listed by: brian j dermanoski
Office: blue summit realty llc.
MLS#:2528865
Source:NWMLS
1815 Karen Frazier Road Se,Olympia, WA 98501
$699,950
  • - Beds
  • - Baths
  • 2,207 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$699,950
  • Price per sq. ft.:$317.15

About this home

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.

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Home facts

  • Year built:2022
  • Subdivision & Development:Olympia
  • Listing ID #:2528865
  • Updated:September 14, 2026 at 11:43 AM

Rooms and interior

  • Flooring:Vinyl Plank
  • Living area:2,207 sq. ft.

Heating and cooling

  • Cooling:90%+ High Efficiency
  • Heating:90%+ High Efficiency

Structure and exterior

  • Roof:Composition
  • Year built:2022
  • Building area:2,207 sq. ft.
  • Lot area:0.12 Acres
  • Lot Features:Curbed Lot, Paved, Sidewalk
  • Construction Materials:Cement/Concrete Exterior Finish, Wood Exterior Finish, Wood Products Exterior Finish
  • Exterior Features:Fenced-Partially, Patio

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$699,950
  • Price per sq. ft.:$317.15
  • Tax amount:$7,803 (2026)

Features and amenities

  • Amenities:Cable TV, High Speed Internet

Parking

  • Total parking spaces:4
  • Garage:Yes
  • Garage spaces:2
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