
FOR SALE1.34 ACRES
1440 Fones Road SE
Olympia, WA 98501
- 18 Beds
- 10 Baths
- 8,169 sqft (on 1.34 acres)
- 18 Beds
- 10 Baths
- 8,169 sqft (on 1.34 acres)
$2,650,000
$2,650,000
18 Beds
10 Baths
8,169 sqft
(on 1.34 acres)
Local Information

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Description
Great investment property! Own a whole neighborhood. On a private cul-de-sac with 3 duplexes and 3 homes each on individual parcels. Each property are connected to sewer and public utilities. Just add individual water meters to each and you can sell them separate. Units are in great shape. Multiple new kitchens and interior updates over the past few years. Get in now as the city is bringing road enhancements along Fones road in the near future. Close in location, easy freeway access, room to raise rents. Many possibilities with property; hold and cash flow or sell each off individually. Property is located in "opportunity zone" with tax benefits. Take advantage of this unique opportunity.
Home Highlights
Parking
9 Open Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$324
Listed
45 days ago
Last check for updates: about 8 hours ago
Listing courtesy of Josh J. Carlson
Better Properties N. Proctor
Source: NWMLS, MLS#1938513

Home Details for 1440 Fones Road SE
Active Status |
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MLS Status: Active |
Interior Features |
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Beds & Baths Number of Bedrooms: 18Number of Bathrooms: 10 |
Dimensions and Layout Living Area: 8169 Square Feet |
Appliances & Utilities Utilities: Sewer Connected, Electricity Available |
Heating & Cooling Heating: Forced Air,BaseboardAir Conditioning: Baseboard,Forced AirHas Heating |
Fireplace & Spa No Fireplace |
Gas & Electric Electric: Company: PSE |
Windows, Doors, Floors & Walls Window: Thermal WindowsFlooring: Ceramic Tile, Laminate, Vinyl, Carpet, Laminate Hardwood, Wall to Wall Carpet |
Levels, Entrance, & Accessibility Number of Stories: 1Floors: Ceramic Tile, Laminate, Vinyl, Carpet, Laminate Hardwood, Wall To Wall Carpet |
View No View |
Exterior Features |
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Exterior Home Features Roof: Composition Torch DownFoundation: Block, Poured Concrete |
Parking & Garage Number of Carport Spaces: 9Number of Covered Spaces: 2Open Parking Spaces: 9No CarportHas Open ParkingParking Spaces: 20Parking: Open |
Frontage Not on Waterfront |
Water & Sewer Sewer: Sewer Connected, Company: City of Olympia |
Farm & Range Does Not Include Irrigation Water Rights |
Surface & Elevation Elevation Units: Feet |
Days on Market |
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Days on Market: 45 |
Property Information |
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Year Built Year Built: 1922Year Renovated: 1980 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: Multi FamilyArchitecture: Multi Family |
Building Construction Materials: Brick, Wood Siding, Wood Products |
Property Information Condition: GoodUsage of Home: Multi-Family, ResidentialParcel Number: 11819140302 |
Price & Status |
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Price Price Per Sqft: $324 |
Location |
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Direction & Address City: OlympiaCommunity: Olympia |
School Information High School District: North Thurston |
Agent Information |
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Listing Agent MLS/Source ID: 1938513 |
Building |
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Building Area Building Area: 8169 Square Feet |
Community |
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Not Senior CommunityUnits in Building: 9 |
Lot Information |
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Lot Area: 1.3419 Acres |
Listing Info |
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Special Conditions: Standard |
Offer |
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Listing Terms: Cash Out, Conventional |
Tax Information |
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Annual Tax Amount: $19,657 |
Compensation |
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Buyer Agent Commission: 2.5Buyer Agent Commission Type: % |
Miscellaneous |
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Offer Review: Seller intends to review offers upon receipt |
Additional Information |
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Mlg Can View |
Price History for 1440 Fones Road SE
Event Details | Price |
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05/22/2022 Listed For Sale NWMLS #1938513 | $2.65M |
12/19/2018 Sold Public Records | $1.2M |
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Property Taxes and Assessment
Year | 2021 |
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Tax | $2,302 |
Assessment | $190,400 |
Home facts updated by county records
LGBT Local Legal Protections
LGBT Local Legal Protections
LGBT Legal Protections updated by Movement Advancement Project

Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2021. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2021 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. Click here for more information
1440 Fones Road SE, Olympia, WA 98501 is a 18 bedroom, 10 bathroom, 8,169 sqft multi-family built in 1922. This property is currently available for sale and was listed by NWMLS on May 21, 2022. The MLS # for this home is MLS# 1938513.