1438 Fones Rd SE #A&B

Olympia, WA 98501

  • Bed

  • Bath

  • 2383 SqFt

  • 1 DOM

  • Built: 1955

  • Status: Active

$699,001

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1438 Fones Rd SE #A&B

Olympia 98501

$699001

  • Bed

  • Bath

  • 2383 SqFt

  • 1 DOM

  • Built: 1955

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

Excellent Location & Strong Investment Opportunity! Well-maintained units in great condition, featuring thoughtful interior updates completed over the past few years. The property benefits from ongoing city road improvements along Fones Road, enhancing accessibility and long-term value. Ideally situated in a close-in location and very close to a freeway exit, this property offers easy commuting and excellent convenience. Enjoy stable and reliable rental income in a highly accessible area. Located within an Opportunity Zone, providing potential tax advantages and appealing estate planning considerations. Owner-occupancy may be possible in Unit A—adding flexibility for investors or owner-users alike. Recent upgrades include: New roof (2025) New water heater Updated flooring Upgraded electrical panel Don’t miss this unique investment opportunity!

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