503 Devoe Street NE

Olympia, WA 98506

  • Bed

  • Bath

  • 2422 SqFt

  • 3 DOM

  • Built: 2011

  • Status: Active

$715,000

X

503 Devoe Street NE

Olympia 98506

$715000

  • Bed

  • Bath

  • 2422 SqFt

  • 3 DOM

  • Built: 2011

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

Great investment opportunity to add to your portfolio, offering instant cash flow. Located on Eastside of Olympia in the UGA, just outside of city limits. New city of Olympia landlord/tenant laws do not apply. 2011 built duplex has a 2 bed, 2 bath + extra finished room unit & other unit is 2 bed, 1 bath (4bd septic), newly remodeled/updated: LVP flooring, quartz counters, all new millwork, trim, Kitchen cabinets, appliances, doors, & fresh paint. Both units have a 1 car garage. This duplex sits on a large lot, just under half acre, Zoned to build 2 duplex's. Investor could build 2nd duplex if they hooked up to sewer. With a 6.34% cap rate, great location, Olympia schools, & future development potential.

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Residence Information

  • 2422

  • Composition

  • 52 - Duplex

  • 2011

  • Poured Concrete

Features and Utilities

  • Cement Planked

  • Public

  • Sewer Connected

  • 0

Financial

  • 6873

  • Cash Out, Conventional

  • 11-07-2025

Comparable Information

  • 3

  • 3

  • Cash Out, Conventional

  • $715,000

  • $715,000

  • Nov 10, 2025 19:22

Schools

Elementary : Roosevelt Eleme N/A Ratings
Middle : Reeves Mid N/A Ratings
High : Olympia High N/A Ratings

Map

Listing courtesy of Olympic Sotheby's Int'l Realty.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Nov 10, 2025 17:13 | Listing last modified Nov 10, 2025 19:22. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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