Listing Office: Kelly Right RE of Seattle LLC Northwest Multiple Listing Service Logo

1438 Se Fones Rd A&b, Olympia, WA

$665,000

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2,383

Square feet

0.35

Acres

About 1438 Se Fones Rd A&b

PRICE IMPROVEMENT!! Excellent Location & Strong Investment Opportunity! Well-maintained units in great condition, featuring thoughtful interior updates completed over the past few years. The property benefits from ongoing city road improvements along Fones Road, enhancing accessibility and long-term value. Ideally situated in a close-in location and very close to a freeway exit, this property offers easy commuting and excellent convenience. Enjoy stable and reliable rental income in a highly accessible area. Located within an Opportunity Zone, providing potential tax advantages and appealing estate planning considerations. Owner-occupancy may be possible in Unit A—adding flexibility for investors or owner-users alike. Recent upgrades include: New roof (2025) New water heater Updated flooring Upgraded electrical panel Don’t miss this unique investment opportunity!

Features of 1438 Se Fones Rd A&b

MLS® # 2548425
Price $665,000
Square Footage 2,383
Acres 0.35
Year Built 1955
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information

Address 1438 Se Fones Rd A&b
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 Baseboard
Cooling None
Fireplace No
# of Stories 1

Exterior

Exterior Features Brick, Wood, Wood Products
Lot Description Corner Lot

School Information

District North Thurston
Elementary Buyer To Verify
Middle Buyer To Verify
High Buyer To Verify

Additional Information

Date Listed July 1st, 2026
Days on Market 112
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKelly Right RE of Seattle LLC

Listing Map

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