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Listing Firm: Coldwell Banker Evergreen: Mary Sears

Bought With: Van Dorm Realty, Inc : Melody Cahill

SOLD On May 15, 2024
NWMLS # 2214311

$715,000

  • Sold Price
  • - Beds
  • - Baths
  • 2736 Sq.ft.

1022 & 1026 Bethel Street NE, Olympia, WA 98506

Listings with the three tree icon are courtesy of NWMLS

About This Property

Wonderfully maintained 3BR/2.5 bath each side. Same owner for over 20 years has maintained the units carefully. Roof, gutters and Hardi-Plank siding approximately 2014. FAG furnace and hot water heaters have been updated. Back patio, fenced yards. Long term tenants pay very low rents. Income was not a concern of current owner/family trust. Both tenants are on a month to month lease. POTENTIAL ALERT: Similar duplexes in age, size, 3/2.5, condition and nbrhd sold in October 2023 for $735,000 and $740,000 respectively both with rents of $1900 and $2200 per side. Cap rate reflects that owner currently pays W/S/G to offset cost of irrigation water, could be modified in several ways. This would make a wonderful owner occupied duplex.

Buyer's Agent: Melody Cahill • Van Dorm Realty, Inc

Listed by: Mary Sears • Coldwell Banker Evergreen

Aris360 Last Checked: 1 Minute Ago (Jun 17, 2025 08:30 PM)

  • Source: NWMLS as Distributed by MLS Grid #2214311

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Bethel
  • Zip/Postal Code: 98506
  • City: Olympia

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$3,847 per month
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Property Features

  • County
    • Bigelow
  • Community
    • 447 - Olympia North
  • MLS Area
    • 447 - Olympia North
  • Longitude
    • -122.884591
  • Latitude
    • 47.053292
  • Directions
    • North on Puget, Right on Pine, Right on Bethel to 1022, second building on your left.

  • Interior
    • Wall to Wall Carpet
  • Floors
    • Vinyl
    • Carpet
  • Power Production Type
    • Natural Gas

  • Stories
    • 2
  • Style
    • 52 - Duplex
  • Parking Spaces
    • 6
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Cement Planked
  • Site Description
    • Cable TV,Fenced-Fully,Gas Available,High Speed Internet,Outbuildings,Patio,Sprinkler System
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Covered Spaces
    • 2
  • Condition
    • Very Good,
  • Water
    • City of Olympia
  • Building Total Area (Sq. Ft.)
    • 7194
  • Has View
    • Yes
  • Energy Features
    • Thermal Windows,
  • View Description
    • City,

  • High School District
    • Olympia
  • Jr. High School
    • Reeves Mid
  • Elementary School
    • Roosevelt Elementary
  • High School
    • Olympia High

  • Possession
    • Closing,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2023
  • Structure Type
    • Condominium,
  • Tax Amount
    • $4972
  • Year Built
    • 1994
  • Effective Year Built
    • 2014
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Tue Jun 17 2025 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Jun 17, 2025 08:30 PM