Listing Provided Courtesy Of:
Networks Real Estate LLC and NWMLS
4326 Ridgewood Lane NW Olympia, WA
$ 490,000
Property Attributes
  • ID#1875936
  • TypeMulti-Family
  • CountyTHURSTON
  • CityOlympia
  • AreaOlympia Westside
  • NeighborhoodCooper Point
  • Zip98502
  • StyleDuplex
  • Year Built1977
  • Taxes$ 3820
  • Price$ 490,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2116
  • Lot Size0.4553 Acres
Listing Provided Courtesy Of:
Networks Real Estate LLC and NWMLS
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

Perfect Westside Investment Opportunity! Well maintained duplex offers over 1050 SF each side with fantastic roomy layout. Large tree surrounded lot at end of street offers welcomed privacy. Backyard features privacy fence between units. Over sized one car garage for each unit offers additional storage space. Large laundry room too! Roof and paint are both recent as well. Perfect location to upgrade both units for maximum income potential or keep as they are and collect rents in a location that will ALWAYS be in high demand. Rents WAY below market currently. Close to Evergreen State College, grade school and all westside amenities.

Elementary School Middle School High School
Leland P Brown Elem Jefferson Mid Capital High
Price History
1/6/2022 Listed $490,000

General Features

Building Area Units Square Feet
Carport Y/N No
City Olympia
County Thurston
Directions Cooper Point to Right on 44th to Right on Ridgewood Lane to Right at T to duplex at end of street
Elementary School Leland P Brown Elem
Exterior Features Wood Products
Flooring Ceramic Tile, Laminate, Vinyl
High School Capital High
High School District Olympia
Insurance Expense 820
Interior Features Ceramic Tile, Laminate
Leasable Area 2116
Lot Size Square Feet 19834
MLS Area 444 - Olympia Westside
Middle/Junior High School Jefferson Mid
Net Operating Income 20920
New Construction No
Open Parking Spaces 2
Possession Closing
Possible Use Residential
Property Style 52 - Duplex
Property SubType Multi-Family
Property Type Residential Income
PropertyCondition Good
Roof Composition
Senior Community Y/N No
Sewer Septic Tank
Special Listing Conditions None
Standard Status Active
Status Active
Street Name Ridgewood
Structure Type Duplex
Subdivision Name Cooper Point
Tax Annual Amount 3820
Tax Year 2021
Terms Cash Out, Conventional, FHA, VA Loan
Total Units 2
Units Below Grade false
Units In Building Total 2
Utilities Cable Connected, Septic System, Electricity Available, Wood
Water Company Thurston Co. PUD
Water Sewer Garbage 2040
Year Built 1977
Zoning Class Residential

Interior Features

Electric On Property Y/N No
Fireplace Y/N No
Furnished Y/N Unfurnished
Heating Y/N Yes
Living Area Units Square Feet
Power Production Type Electric, Wood
Street Suffix Lane
Total Stories 1

Exterior Features

Building Area Total 2116
Covered Spaces 2
Foundation Details Poured Concrete
Irrigation Water Rights Y/N No
Lot Features Cul-De-Sac, Paved, Secluded
Lot Size Acres 0.4553
Lot Size Units Square Feet
Open Parking Y/N Yes
Parking Uncovered Spaces 2
Site Features Cable TV
Total Parking 4
View Y/N No
Water Source Public
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 98502

AVG $640K
AVG $4,680
AVG 19
Year Built
AVG 1987