2413 Conger Avenue NW Unit #A & B, Olympia, WA 98101

Listing Broker: Windermere RE West Campus Inc; Pete Warren; ; Selling Office: Redfin.

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Sold Price
$724,000
List Price
$725,000
Status
SOLD
MLS#
2416178
Closing Date
Nov 26, 2025
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,576
Area Total SqFt
2576
Annual Tax Ammount
6525
Internet Provider
Xfinity/Comcast
Lot Size (sq ft)
6,081
Sewer
Sewer Connected

Property Description

Discover this well-maintained duplex in sought after NW Olympia, offering a great 7.35 cap rate, renting at $2700/unit! Perfect for investors seeking immediate positive cash flow. Each spacious townhome features 3 bedrooms, 2.5 bathrooms, large living spaces, private garages and driveways. Residents enjoy in-unit washer/dryer hookups, spacious kitchens, brand new flooring throughout, and large private yards for relaxing or entertaining outdoors. The property is set in a quiet residential area close to the DT, neighborhood parks, schools, grocery shopping & eateries. Whether a seasoned investor looking to expand your portfolio or a first-time home buyer looking for the ultimate house hack, this one is a great investment in your future.

Additional Information

Community
Olympia
Net Operating Income
$55,110
Gross Adjusted Income
$55,110
Gross Scheduled Income
$64,800
Total Monthly Income
$5,400
Insurance Expenses
$3,164
Gross Rent Multiplier
11.57
Total Expenses
$9,689
Cap Rate
7.35
Total Number of Units
2
Unit Name
2413
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
2001
View
Territorial
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Fully, High Speed Internet
Energy Source
Electric
School District
Olympia
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$5,400
Gross Scheduled Income
$64,800
Gross Adjusted Income
$55,110
Tax Year
2025
Insurance Expense
$3,164
Total Expenses
$9,689
Net Operating Income
$55,110
Gross Rent Multiplier
11.57
Cap Rate
7.35
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.
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