OFF MARKET

Listed by Brandon Stephens • eXp Realty. Bought with PRO RLTYSRVCS Eastside.

Off market may 2023 for $577K

$666,698

Est. refi paymentEst. refi $1,748/mo

—

•

— ba

•

1,988

sq ft

3043 Cain Rd SE, Olympia, WA 98501

About this home

Investor alert. First time on the market in this rare opportunity to own a duplex in the heart of the Olympia School District. Within a short and safe walking distance to Pioneer Elementary & Olympia High School and across the street from Washington Middle School. Turn-Key investment property feats two well-maintained units each with 2 bedrooms and 1 & qtr baths a spacious living area and a large kitchen, including washer/dryer hookups in each unit. Recently replaced roof, windows, and insulation, and fresh new paint. Covered parking for each unit with a shed attached. Also, close to downtown, parks, shopping, the freeway, and much more!!

Multi-familyProperty Type

1962Year Built

8,984 sq ftLot Size

$335Est. Price/Sq.Ft.

6 spacesParking

Listed by Brandon Stephens • eXp Realty

Bought with Jamie Hammontree • PRO RLTYSRVCS Eastside

Redfin checked: a minute ago

•Source:NWMLS as Distributed by MLS Grid #2025063

Redfin Estimate

$666,698

$90K since sold in May 2023$6,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 12.3% higher than the average sale price ($594K) of 6 comparable homes.

BOUGHT WITH REDFIN SEP 22, 2026
$631,598
A
3 beds2.5 baths1,911 sq ft
2406 Fir St SE, Olympia, WA 98501
Listing provided by nwmls
SOLD JUN 16, 2026
$630,000
B
3 beds2.5 baths2,264 sq ft
2952 Lybarger St SE, Olympia, WA 98501
Listing provided by nwmls
SOLD JUL 24, 2026
$505,000
C
4 beds2 baths1,999 sq ft
610 - 612 Primrose Ln SE, Tumwater, WA 98501
Listing provided by nwmls
SOLD JUL 2, 2026
$604,000
D
4 beds2.5 baths2,280 sq ft
2030 Baker Ter SE, Olympia, WA 98501
Listing provided by nwmls
SOLD AUG 21, 2026
$665,000
E
4 beds2 baths2,156 sq ft
2335 Cedar Park Loop SE, Olympia, WA 98501
Listing provided by nwmls
SOLD SEP 25, 2026
$527,000
F
3 beds2 baths1,524 sq ft
2011 Baker Ter SE, Olympia, WA 98501
Listing provided by nwmls

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Earn from this home

Sell

$195,345

Est. take-home

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Refinance

Est. cash available

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Market trends in 98501, WA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

99.7%

+0.1% MoM

Median sale price

$600K

$7K MoM

Avg. days on market

20d

2 days MoM

Recently sold homes

166

5 MoM

New listings for sale

NEW
$759,000
4 beds2 baths2,970 sq ft
9142 Big Bear Ct SE, Olympia, WA 98501
Julie Bradshaw • RE/MAX Northwest
OPEN SUN, 12PM TO 2PM
$435,000
3 beds2.5 baths1,588 sq ft
1544 Craig Rd SE, Olympia, WA 98501
Laura Lundin • Abbey Realty Inc
$185,000
2 beds2 baths1,586 sq ft
716 Dennis St SE #66, Tumwater, WA 98501
Barbara Haggerty • Century 21 Van Dorm Realty
$1,225,000
4 beds3.5 baths3,354 sq ft
7616 Kylee Ln SE, Olympia, WA 98501
Kathy Cross Reece • Imagine Real Estate
FOR SALE BY OWNER
$550,000
3 beds2 baths2,080 sq ft
3929 82nd Ave SE, Olympia, WA 98501
VIDEO TOUR
$500,000
4 beds3 baths2,394 sq ft
1355 92nd Way SE, Tumwater, WA 98501
Pam Fenstermacher • Real Broker LLC
OPEN SUN, 1PM TO 3PM
$475,000
3 beds2 baths1,650 sq ft
8038 Kenton Ln SE, Tumwater, WA 98501
Tim Ford • Better Properties - Metro
$499,950
4 beds2.5 baths1,669 sq ft
8028 Andover Ln SE, Tumwater, WA 98501
Ron Conard • Legacy Northwest
$475,000
4 beds2 baths1,320 sq ft
2524 Leach Ct SE, Olympia, WA 98501
Tammy Adams • Virgil Adams Real Estate, Inc.
See all

Provided by Redfin

Sale history for 3043 Cain Rd SE

Date

Event

Price

May 1, 2023

Sold (MLS) (Closed)

NWMLS as Distributed by MLS Grid #2025063

$577,000

$290/sq ft

Mar 27, 2023

Pending

NWMLS as Distributed by MLS Grid #2025063

—

Mar 17, 2023

Price Changed

NWMLS as Distributed by MLS Grid #2025063

$595,000

$299/sq ft

Feb 1, 2023

Price Changed

NWMLS as Distributed by MLS Grid #2025063

$615,000

$309/sq ft

Jan 4, 2023

Listed (Active)

NWMLS as Distributed by MLS Grid #2025063

$650,000

$327/sq ft

May 23, 2017

Sold

Public Records

$268,000

$135/sq ft

Dec 1, 1986

Sold

Public Records

$69,500

$35/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$6,185 (+8.5%)

$280,000 + $305,900

$585,900

2025

$5,702 (+12.0%)

$280,000 + $305,900

$585,900

2024

$5,090 (+14.0%)

$271,600 + $272,500

$544,100

2023

$4,466 (+6.1%)

$222,800 + $263,800

$486,600

2022

$4,209 (−0.2%)

$210,600 + $236,900

$447,500

2021

$4,218 (+3.9%)

$158,900 + $193,200

$352,100

2020

$4,059 (+18.8%)

$107,500 + $219,100

$326,600

2019

$3,416 (+1.9%)

$150,800 + $155,800

$306,600

2018

$3,351 (+32.9%)

$106,500 + $142,200

$248,700

2017

$2,521 (+14.9%)

$106,500 + $142,200

$248,700

2016

$2,195 (+12.3%)

$72,350 + $129,200

$201,550

2015

$1,955 (+1.8%)

$72,450 + $108,200

$180,650

2014

$1,920 (−3.6%)

$76,500 + $73,300

$149,800

2013

$1,992 (−14.5%)

$76,500 + $73,300

$149,800

2012

$2,330 (−5.0%)

$80,500 + $65,900

$146,400

2011

$2,452 (+8.8%)

$82,950 + $98,900

$181,850

2010

$2,255 (+6.3%)

$78,800 + $125,800

$204,600

2009

$2,120

$84,950 + $131,000

$215,950

Tax history for 3043 Cain Rd SE

Year

Property tax

Land + Additions

Assessment*

2026

$6,185 (+8.5%)

$280,000 + $305,900

$585,900

2025

$5,702 (+12.0%)

$280,000 + $305,900

$585,900

2024

$5,090 (+14.0%)

$271,600 + $272,500

$544,100

2023

$4,466 (+6.1%)

$222,800 + $263,800

$486,600

2022

$4,209 (−0.2%)

$210,600 + $236,900

$447,500

2021

$4,218 (+3.9%)

$158,900 + $193,200

$352,100

2020

$4,059 (+18.8%)

$107,500 + $219,100

$326,600

2019

$3,416 (+1.9%)

$150,800 + $155,800

$306,600

2018

$3,351 (+32.9%)

$106,500 + $142,200

$248,700

2017

$2,521 (+14.9%)

$106,500 + $142,200

$248,700

2016

$2,195 (+12.3%)

$72,350 + $129,200

$201,550

2015

$1,955 (+1.8%)

$72,450 + $108,200

$180,650

2014

$1,920 (−3.6%)

$76,500 + $73,300

$149,800

2013

$1,992 (−14.5%)

$76,500 + $73,300

$149,800

2012

$2,330 (−5.0%)

$80,500 + $65,900

$146,400

2011

$2,452 (+8.8%)

$82,950 + $98,900

$181,850

2010

$2,255 (+6.3%)

$78,800 + $125,800

$204,600

2009

$2,120

$84,950 + $131,000

$215,950

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

8,984 Sq. Ft.

Year renovated

1989

Sq. Ft.

1,988

Year built

1962

Style

Multi-Family (2-4 Unit)

County

Thurston County

APN

76610002000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 18, 2026.

R-4-8

Residential District

To accommodate residential development at densities ranging from a minimum of four units per acre to a maximum of 8 units per acre; to allow sufficient residential density to facilitate effective mass transit service; and to help maintain the character of established neighborhoods

Permitted uses

Include but are not limited to:

Agriculture
Housing-Group
Housing-Single unit
Housing-Multiple units
Veterinary clinic

Property details

Parking

Parking Information
Parking Uncovered Spaces: 4
Open Parking Spaces: 4
Carport Spaces: 2
Has Open Parking

Interior

Heating & Cooling
Has Heating
Has Cooling

Interior Features
Interior Features: Hardwood, Wall to Wall Carpet
Flooring: Hardwood, Carpet

Multi-Family Financial Information
Insurance Expense: $1,155
Net Operating Income: $23,437
Gross Adjusted Income: 23437
Gross Scheduled Income: $28,800
Total Monthly Income: 1300
Gross Rent Multiplier: 22.6
Total Expenses: 5363

Multi-Unit Information
Units Below Grade: false
Units In Building Total: 2
Vacancy Rate: 5
# of Units (Total): 2
Furnished: Unfurnished

Exterior

Building Information
Roof: Composition

Exterior Features
Exterior Features: Wood

Property Information
Energy Source: Electric
Style Code: 52 - Duplex
Property Type: Residential Income
Property Sub Type: Multi Family

Land Information
Possible Use: Residential

Lot Information
MLS Lot Size Source: Assessor
Site Features: Outbuildings
Zoning Jurisdiction: City
Lot Features: Corner Lot, Paved
Lot Size Units: Square Feet
Lot Size Acres: 0.2062
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $4,208
Tax Year: 2022

Financial Information
Listing Terms: Cash Out, Conventional, FHA, VA Loan
Buyer Financing: VA

Utilities

Utility Information
Water Source: Public
Water Company: City of Olympia
Power Company: PSE
Sewer: Sewer Connected
Sewer Company: City of Olympia
Water Sewer Garbage: 0
Cable Connected: Xfinity
Internet Connected: Xfinity

Location

School Information
Elementary School: Pioneer Elem
Middle Or Junior High School: Wash Mid
High School: Olympia High
High School District: Olympia

Location Information
Directions: Follow GPS Property on the corner of Cain and Governor Stevens

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 1,988
Stories: 1.0
Lot Size: 8,984 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1962
Year Renovated: 1989
County: Thurston County
APN: 76610002000

Home facts updated by county records on Sep 18, 2026

Other

Listing Information
Mls Status: Sold

Listing Date Information
On Market Date: Wednesday, January 4, 2023

Green Information
Power Production Type: Electric

Home Information
Living Area Units: Square Feet
Calculated Square Footage: 1988
Building Area Total: 1988
Building Area Units: Square Feet
Year Built Effective: 1989
Effective Year Built Source: Public Records
Structure Type: Duplex
Stories Total: 1

Around this home

Schools

Pioneer Elementary School

Public PreK-5 • Assigned • 0.3mi

7/10

Washington Middle School

Public 6-8 • Assigned • 0.2mi

8/10

Olympia High School

Public 9-12 • Assigned • 0.4mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 88° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

7 unhealthy days expected this year, 8 days in 30 years

Provided by First Street

Historical weather

Olympia, WA • 98501

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.7 hours in June and 1.8 hours in December, placing it below the U.S. average for solar exposure.

8.7 hrs

1.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$634,000 – $767,000

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New listings for sale in 98501

NEW

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Listing provided by NWMLS as Distributed by MLS Grid

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Listing provided by NWMLS as Distributed by MLS Grid

FOR SALE BY OWNER

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Built 2007 • Listed 7 days

VIDEO TOUR

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New lvp flooring • Backyard design • Easy freeway access

Listing provided by NWMLS as Distributed by MLS Grid

OPEN SUN, 1PM TO 3PMVIDEO TOUR

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Warm kitchen • Eating bar • Great room

Listing provided by NWMLS as Distributed by MLS Grid

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Listing provided by NWMLS as Distributed by MLS Grid

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Listing provided by NWMLS as Distributed by MLS Grid

Home values near 3043 Cain Rd SE

Data from public records.

Address	Redfin Estimate
3042 Cain Road Southeast, Olympia, WA 4 Beds \| 3 Baths \| 2744 Sq. Ft.	$607,696
3134 Cain Road Southeast, Olympia, WA 6 Beds \| 5 Baths \| 3248 Sq. Ft.	$1,062,266

Address	Redfin Estimate
3130 Cain Road Southeast, Olympia, WA - Beds \| 2 Baths \| 1886 Sq. Ft.	$536,308
3041 Cain Road Southeast #1&2, Olympia, WA 4 Beds \| 2 Baths \| 1988 Sq. Ft.	$543,116

Address	Redfin Estimate
3204 Cain Road Southeast, Olympia, WA 4 Beds \| 1 Baths \| 1212 Sq. Ft.	$475,834
3021 Edgewood Drive Southeast, Olympia, WA - Beds \| 3 Baths \| 3641 Sq. Ft.	$706,554

Property information provided by NWMLS as Distributed by MLS Grid when last listed in 2023. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 98501, WA

Sale history for 3043 Cain Rd SE

Tax history for 3043 Cain Rd SE

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 98501

Home values near 3043 Cain Rd SE

More real estate resources