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$487,777
10 Days On Site

1954 Division Street NW
Olympia, WA 98502

For Sale|Multi Family|Active
0
Beds
0
Total Baths
1,608
SqFt
$303
/SqFt
1925
Built
Cumulative Days On Market:
9
Subdivision:
Olympia
County:
Thurston
Courtesy of NWMLS
Listing courtesy of Jesse Savage of Paramount Real Estate Group
Call Now: (408) 868-2620
Is this the listing for you? We can help make it yours.
(408) 868-2620
1954 Division Street NW1954 Division Street NW1954 Division Street NW1954 Division Street NW
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Turnkey rental income with immediate cash flow: Well maintained Olympia duplex offering an opportunity for investors, owner-occupants or multi-generational living. Conveniently located near Capital Mall, Evergreen State College, schools, grocery stores, restaurants, medical services, and major commuter routes. Bus stop located nearby for easy transit access. Situated on a 0.25-acre corner lot, each unit enjoys private living spaces, classic charm, separate fenced yard areas, lots of dedicated parking, washer and dryer, and outdoor space for gardening, pets, or recreation. Unit A features 2 bedrooms and 1 bathroom, while Unit B offers 1 bedroom plus bonus room/office, high ceilings and 1 bathroom, creating flexibility for a variety of tenants or owner-occupant needs. Floorplan available in photos. Fresh landscaping and ongoing owner maintenance have kept these units hassle-free. Positioned in Olympia's westside with convenient access to downtown Olympia, Highway 101, I-5 connections, military base JBLM, parks, shopping, and employment centers. This area has consistent rental demand due to nearby colleges, government employment, healthcare facilities, and regional employers. Add this well-located duplex to your investment portfolio or offset housing costs by occupying one unit while generating rental income from the other. Buyer to verify all.

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Listing Snapshot
Price 
$487,777
Days On Site 
10 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,608 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2479 Acres
Year Built 
1925
MLS® Number 
2554345
Status 
Active
Property Tax 
$4,792
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoStatus changed to Active
a week agoListing first seen on site
General Features
Acres 
0.2479
Additional Property Use 
Residential
Number Of Stories 
1
Parking Spaces 
6
Property Sub Type 
Multi Family
SqFt Total 
1608
Utilities 
Sewer Connected
Water Source 
Public
Zoning 
Residential
Interior Features
Flooring 
Ceramic TileLaminateVinylCarpet
Heating 
Natural GasWall Furnace
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Exterior Features
Construction Details 
Wood Siding
Fencing 
Fenced
Lot Features 
Corner LotPaved
Roof 
Composition
View 
Territorial
Waterview 
Territorial
Community Features
Association Amenities 
Storage
Financing Terms Available 
CashConventionalFHAVA Loan
MLS Area 
444 - Olympia Westside
School District 
Olympia
Schools
School District
Olympia
Elementary School
Leland P Brown Elem
Middle School
Jefferson Mid
High School
Capital High
Courtesy of NWMLS
Listing courtesy of Jesse Savage of Paramount Real Estate Group



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-07-26 10:55 PM PDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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