Listing Office: Capitol Real Estate LLC Northwest Multiple Listing Service Logo

503 Devoe Street Ne, Olympia, WA

$639,000

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0.44

Acres

About 503 Devoe Street Ne

Great opportunity to acquire a freshly remodeled duplex in excellent condition with tremendous income producing potential. Or occupy one side and lease out the other to decrease your mortgage payment. Located on Olympia’s Eastside in the UGA, just outside city limits, this 2011-built duplex offers two established rental units plus potential to expand. The property includes a 3-bedroom, 2-bath unit with a 1-car garage and a fully remodeled 2-bedroom, 1-bath unit with a 1-car garage. The smaller unit has been extensively updated with LVP flooring, quartz countertops, new kitchen cabinets, appliances, doors, millwork, trim, and fresh paint. The nearly half-acre lot provides potential to develop an additional duplex, creating the possibility for four total units and increased income-producing capacity. Strong location, Olympia schools, existing rental income, and future possibilities for development. This is a great location within walking distance to most Eastside Olympia amenities, but has a rural feel of living in the country!

Features of 503 Devoe Street Ne

MLS® # 2567540
Price $639,000
Acres 0.44
Year Built 2011
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information

Address 503 Devoe Street Ne
Area 447 - Olympia North
Subdivision Eastside Olympia
City Olympia
County Thurston
State WA
Zip Code 98506

Amenities

Parking Spaces 11
# of Garages 3
Is Waterfront No

Interior

Heating Forced Air
Cooling None
Fireplace No
# of Stories 2

Exterior

Exterior Features Cement Planked, Wood
Lot Description Dead End Street, Paved
Foundation Poured Concrete

School Information

District Olympia
Elementary Roosevelt Elementary
Middle Reeves Mid
High Olympia High

Additional Information

Date Listed August 11th, 2026
Days on Market 20
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCapitol Real Estate LLC

Listing Map

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