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Listing courtesy of NWMLS / Olympic Sotheby's Int'l Realty

525 527 16th Avenue SE

Olympia, WA 98501

– beds
– baths
2,588 sqft
8,276 sqft lot
$251 per sqft
1960 build

Well-maintained and full of classic charm, this 2,588+/- sq ft duplex is a rare find in Olympia’s highly desirable South Capitol neighborhood. Each unit offers 3 spacious bedrooms and 2 bathrooms, blending vintage character with functional living. A fantastic investment opportunity, this property provides strong cash flow potential for investors or is ideal for owner-occupants looking to offset their mortgage with rental income. Located just minutes from the Capitol Campus and vibrant downtown Olympia, enjoy easy access to shops, dining, parks, and more. Whether you're building your portfolio or seeking a home with added financial benefit, this duplex delivers flexibility, charm, and prime location. Come see today!

Listing courtesy of NWMLS / Olympic Sotheby's Int'l Realty

Last checked: Checking… • Last updated May 27, 2025 •

MLS# 2380406 —

The Building

Year Built:

1960
New Construction:

false
Structure Type:

Duplex
Roof:

Composition
Foundation Details:

Poured Concrete
Exterior Features:

Wood, Wood Products
Units In Building Total:

2
# of Units Total:

2
Stories Total:

2
Building Area Total:

2588
Building Area Units:

Square Feet
Calculated SqFt:

2588
Construction Materials:

Wood

Interior

Flooring:

Vinyl, Carpet
Fireplace:

false

Financial & Terms

Possession:

Closing

Location

Latitude:

47.033438
Longitude:

-122.89489
Directions:

going South on capitol way, take a Left on 16th to home on the right.

The Property

Property Type:

Residential Income
Property Subtype:

Multi Family
Parcel Number:

09690024000
Lot Features:

Cul-De-Sac, Curbs, Sidewalk
Lot Size Units:

Square Feet
Lot Size Acres:

0.19
Lot Size SqFt:

8276
Lot Size Source:

Realist
View:

false
Waterfront:

false
Irrigation Water Rights:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

6332

The Listing

Special Listing Conditions:

None
Virtual Tour Unbranded:

Virtual Tour

Heating & Cooling

Cooling:

false
Heating:

true
Cooling:

None
Heating:

Other – See Remarks

Utilities

Water Company:

City Of Olympia
Water Source:

Public
Sewer:

Sewer Connected
Sewer Company:

City Of Olympia
Power Company:

Pse
Water Sewer Garbage:

3000
Cable Connected:

Xfinity

Schools

High School District:

Olympia

The Community

Subdivision Name:

Capital Campus
Senior Community:

false
Association:

false

Parking

Parking Total:

4
Parking Uncovered Spaces:

2
Open Parking:

true
Open Parking Spaces:

2
Carport Spaces:

2
Carport:

false

Listing courtesy of NWMLS / Olympic Sotheby's Int'l Realty

This "Three Trees" icon indicates a listing provided courtesy of NWMLS. Based on information submitted to the MLS GRID as of Tue Jun 17 2025 01:48 PM. 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. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.

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Bike Score®

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Transit Score®

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Soundscore™

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Sale history

Date	Event	Source	Price	% Change
5/23/25 May 23, 2025	Listed / Active	NWMLS	$650,000

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This multifamily located in South Capitol, Olympia, WA 98501 is currently for sale for $650,000. 525 527 16th Avenue SE is a 2,588 square foot multifamily with – beds and – baths. 525 527 16th Avenue SE is in the South Capitol neighborhood of Olympia and has a WalkScore® of 58, making it somewhat walkable. This multifamily is in the attendance area of Avanti High School, Washington Middle School, Lincoln Elementary School, and Olympia High School.

Listing courtesy of NWMLS / Olympic Sotheby's Int'l Realty

Disclaimer: The information contained in this listing has not been verified by Olympic Sotheby's Int'l Realty and should be verified by the buyer.