About 1823 Karen Frazier Road Se
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.
Features of 1823 Karen Frazier Road Se
| MLS® # | 2528804 |
|---|---|
| Price | $699,950 |
| Square Footage | 2,207 |
| Acres | 0.12 |
| Year Built | 2022 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 1823 Karen Frazier Road Se |
|---|---|
| Area | 448 - Olympia South |
| Subdivision | Olympia |
| City | Olympia |
| County | Thurston |
| State | WA |
| Zip Code | 98501 |
Amenities
| Parking Spaces | 4 |
|---|---|
| # of Garages | 2 |
| Is Waterfront | No |
Interior
| Heating | 90%+ High Efficiency, Ductless, Wall Furnace |
|---|---|
| Cooling | 90%+ High Efficiency, Ductless |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior Features | Cement/Concrete, Wood, Wood Products |
|---|---|
| Lot Description | Curbs, Paved, Sidewalk |
| Foundation | Poured Concrete |
School Information
| District | Olympia |
|---|
Additional Information
| Date Listed | May 23rd, 2026 |
|---|---|
| Days on Market | 96 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Blue Summit Realty LLC |
|---|