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Real Broker LLC
4307 Quail Run Loop SE Unit #A&B, Olympia, WA 98502
- $520,000
- 2,101
- SqFt
Listing Broker: RE/MAX Advantage; Kim Piper; 360-402-0150; kim@kimpiper.com
- List Price
- $520,000
- Status
- ACTIVE
- MLS#
- 2599346
- Style
- 52 - Duplex
- Finished SqFt
- 2,101
- Area Total SqFt
- 2101
- Annual Tax Ammount
- 6238
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 16,111
- Sewer
- Septic Tank
Property Description
Discover an exceptional investment opportunity in the highly desirable Quail Run community! This well-maintained duplex is on the market for the first time and offers an ideal blend of privacy, natural beauty, and income potential. Each unit features 2 bedrooms, 1¾ baths, a 2-car garage, and an in-unit washer and dryer. Both units are currently occupied, providing an opportunity to continue as an income-producing investment or live in one unit while generating rental income from the other.Nestled among mature Pacific Northwest trees and natural vegetation, each unit enjoys a private, covered concrete patio with sliding glass doors-perfect for enjoying the peaceful, wooded setting. Inside, vaulted ceilings enhance the main living areas, while skylights bring natural light into the kitchen and dining space. Updated LVP flooring plus ample hallway & garage storage, kitchen pantries; all appliances included. The HOA maintains the front areas/clears driveways, allowing for low-maintenance living with no yard work required. The community is served by shared water and septic systems. Close to eclectic Westside Olympia’s shopping and services. A rare opportunity to own a versatile, income-producing property in a beautiful, private setting!
Additional Information
- Community
- Olympia
- Net Operating Income
- $30,056
- Gross Adjusted Income
- $45,300
- Gross Scheduled Income
- $45,300
- Total Monthly Income
- $3,775
- Insurance Expenses
- $1,816
- Water/Sewer/Garbage Expenses
- $4,800
- Gross Rent Multiplier
- 11.48
- Total Expenses
- $15,244
- Cap Rate
- 5.78
- Total Number of Units
- 2
- Unit Name
- 4307
- Potential Terms
- Cash, Conventional
- Year Built
- 1981
- Roof
- Composition
- Site Features
- Patio
- Other Expenses
- 2390
- Energy Source
- Electric
- School District
- Olympia
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $3,775
- Gross Scheduled Income
- $45,300
- Gross Adjusted Income
- $45,300
- Tax Year
- 2026
- Insurance Expense
- $1,816
- W/S/G Expenses
- $4,800
- Total Expenses
- $15,244
- Net Operating Income
- $30,056
- Gross Rent Multiplier
- 11.48
- Cap Rate
- 5.78
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.