OFF MARKET

Listed by Matthew Plummer • MVP Realty Group. Bought with ZipRealty Residential Brkg.

Off market aug 2014 for $228K

$590,904

Est. refi paymentEst. refi $1,457/mo

—

•

— ba

•

2,352

sq ft

8923 Armstrong Rd SW, Olympia, WA 98512

About this home

Great investment opportunity to own this duplex with a solid 6% CAP with room for growth. Keep both long-standing tenants or live in one unit and rent the other. Each unit has an open floor plan with good sized kitchens with refrigerators, washers and dryers. Upstairs unit has 3 BR, 1 BA, 1068 sf and a single-car garage. Downstairs unit has 2 BR, 1.75 BA, 1400 sf. and carport. Huge lot to garden, build your dream shop or just stretch out. Close to shopping, I-5 and Tumwater Schools.

Multi-familyProperty Type

1950Year Built

1.27 acresLot Size

$251Est. Price/Sq.Ft.

5 spacesParking

Listed by Matthew Plummer • MVP Realty Group

Bought with Jane White • ZipRealty Residential Brkg

Redfin checked: a minute ago

•Source:NWMLS as Distributed by MLS Grid #636645

Redfin Estimate

$590,904

$362K since sold in August 2014$0 since September

Recently sold homes
Estimate history

This home's estimate is 12.9% higher than the average sale price ($524K) of 6 comparable homes.

SOLD SEP 8, 2026
$584,500
A
5 beds2 baths2,300 sq ft
6620 Littlerock Rd SW, Tumwater, WA 98512
SOLD JUN 17, 2026
$350,000
B
4 beds2 baths1,785 sq ft
1204 88th Ave SE, Tumwater, WA 98501
SOLD MAY 20, 2026
$495,000
C
4 beds2 baths2,342 sq ft
907 6th Ave SW, Tumwater, WA 98512
SOLD JAN 12, 2026
$506,500
D
5 beds2 baths2,268 sq ft
514 W St SE, Tumwater, WA 98512
SOLD MAY 8, 2026
$615,000
E
4 beds2.5 baths2,186 sq ft
6719 6th Ave SW, Tumwater, WA 98501
SOLD APR 9, 2026
$590,000
F
4 beds2 baths1,660 sq ft
6618 SW Littlerock Rd, Tumwater, WA 98512

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Earn from this home

Sell

$421,901

Est. take-home

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Refinance

Est. cash available

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Market trends in 98512, WA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.8%

+0.0% MoM

Median sale price

$585K

$5K MoM

Avg. days on market

20d

10 days MoM

Recently sold homes

101

8 MoM

New listings for sale

NEW
$760,000
3 beds3 baths2,434 sq ft
11800 Littlerock Rd SW, Olympia, WA 98512
Nikki Westman • Capitol Real Estate LLC
NEW
$680,000
4 beds4 baths2,408 sq ft
7001 7003 Lazy Ct SW, Olympia, WA 98512
Christina Janis • Epic Realty
OPEN SUN, 11AM TO 1PM
$400,000
1 bed1 bath1,152 sq ft
9415 Delphi Rd SW, Olympia, WA 98512
Denise Steigers • Olympic Sotheby's Int'l Realty
NEW
$59,900
2 beds1 bath960 sq ft
930 Trosper Rd SW #122, Tumwater, WA 98512
Lainie Hodson • Keller Williams South Sound
OPEN SUN, 11AM TO 1PM
$539,900
4 beds2.5 baths2,058 sq ft
7135 southwick SW, Olympia, WA 98512
Justin Cowles • Century 21 Van Dorm Realty
COMING SOON
$496,900
3 beds2 baths1,449 sq ft
6729 Bel Mor Ct SW, Tumwater, WA 98512
Melissa Manibusan • Best Choice Realty
$215,000
3 beds2 baths1,119 sq ft
2535 70th Ave SW #45, Tumwater, WA 98512
Derek Johnson • Keller Williams Realty PS
$495,000
4 beds2.5 baths2,182 sq ft
1748 Camden Park Dr SW, Olympia, WA 98512
Teri Bevelacqua • RE/MAX Advantage
$25,000
2 beds2 baths960 sq ft
3244 66th Ave SW #46, Olympia, WA 98512
Patrick Mercado • PropertiesNW of Gig Harbor Ltd
$225,000
3 beds1 bath1,426 sq ft
7143 Littlerock Rd SW, Tumwater, WA 98512
Wesley Neal • Abbey Realty Inc
See all

Provided by Redfin

Sale history for 8923 Armstrong Rd SW

Year

Property tax

Land + Additions

Assessment*

2026

$5,277 (+9.4%)

$260,000 + $250,900

$510,900

2025

$4,822 (+17.0%)

$260,000 + $250,900

$510,900

2024

$4,121 (+24.4%)

$252,200 + $216,200

$468,400

2023

$3,314 (−4.1%)

$173,200 + $218,800

$392,000

2022

$3,456 (−9.7%)

$117,700 + $205,000

$322,700

2021

$3,830 (−13.7%)

$121,000 + $161,600

$282,600

2020

$4,439 (+32.6%)

$106,500 + $181,500

$288,000

2019

$3,348 (+16.1%)

$213,500 + $116,600

$330,100

2018

$2,884 (−8.3%)

$71,200 + $136,200

$207,400

2017

$3,143 (+20.7%)

$71,200 + $136,200

$207,400

2016

$2,603 (+15.5%)

$97,850 + $123,500

$221,350

2015

$2,253 (−1.9%)

$81,800 + $100,200

$182,000

2014

$2,297 (+3.8%)

$86,650 + $69,200

$155,850

2013

$2,213 (−12.5%)

$86,650 + $69,200

$155,850

2012

$2,530 (−3.9%)

$82,800 + $63,200

$146,000

2011

$2,632 (−1.7%)

$57,600 + $123,500

$181,100

2010

$2,677 (−0.9%)

$89,600 + $116,400

$206,000

2009

$2,700

$97,050 + $128,000

$225,050

Tax history for 8923 Armstrong Rd SW

Year

Property tax

Land + Additions

Assessment*

2026

$5,277 (+9.4%)

$260,000 + $250,900

$510,900

2025

$4,822 (+17.0%)

$260,000 + $250,900

$510,900

2024

$4,121 (+24.4%)

$252,200 + $216,200

$468,400

2023

$3,314 (−4.1%)

$173,200 + $218,800

$392,000

2022

$3,456 (−9.7%)

$117,700 + $205,000

$322,700

2021

$3,830 (−13.7%)

$121,000 + $161,600

$282,600

2020

$4,439 (+32.6%)

$106,500 + $181,500

$288,000

2019

$3,348 (+16.1%)

$213,500 + $116,600

$330,100

2018

$2,884 (−8.3%)

$71,200 + $136,200

$207,400

2017

$3,143 (+20.7%)

$71,200 + $136,200

$207,400

2016

$2,603 (+15.5%)

$97,850 + $123,500

$221,350

2015

$2,253 (−1.9%)

$81,800 + $100,200

$182,000

2014

$2,297 (+3.8%)

$86,650 + $69,200

$155,850

2013

$2,213 (−12.5%)

$86,650 + $69,200

$155,850

2012

$2,530 (−3.9%)

$82,800 + $63,200

$146,000

2011

$2,632 (−1.7%)

$57,600 + $123,500

$181,100

2010

$2,677 (−0.9%)

$89,600 + $116,400

$206,000

2009

$2,700

$97,050 + $128,000

$225,050

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

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

1.27 Acres

Year renovated

1986

Sq. Ft.

2,136

Year built

1950

Style

Multi-Family (2-4 Unit)

County

Thurston County

APN

12715420105

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 18, 2026.

Property details

Parking

Parking Information
Parking Uncovered Spaces: 2
Covered Spaces: 1
Open Parking Spaces: 2
Carport Spaces: 2
Has Open Parking

Interior

Interior Features
Interior Features: Forced Air, Ceramic Tile, Wall to Wall Carpet
Flooring: Ceramic Tile, Carpet

Multi-Family Financial Information
Insurance Expense: $800
Net Operating Income: $14,303
Gross Adjusted Income: 17400
Gross Scheduled Income: $17,400
Total Monthly Income: 1450
Gross Rent Multiplier: 14
Total Expenses: 3097

Multi-Unit Information
Units Below Grade: true
Units In Building Total: 2
# of Units (Total): 2
Furnished: Unfurnished

Exterior

Building Information
Roof: Composition

Exterior Features
Exterior Features: Wood

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

Lot Information
Site Features: Deck,Patio
Lot Size Units: Square Feet
Lot Size Acres: 1.27
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $2,297
Tax Year: 2014

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

Utilities

Utility Information
Water Source: Community
Water Company: Community Well
Power Company: PSE
Sewer: Septic Tank
Sewer Company: Septic
Utilities: Septic System, Electric
Water Sewer Garbage: 0

Location

School Information
Elementary School: East Olympia Elem
Middle Or Junior High School: George Wash Bush Mid
High School: Tumwater High
High School District: Tumwater

Location Information
Directions: Take Exit 101 Tumwater Blvd and head East, turn right on Center St SW, left on 83rd Ave SW, continue onto Armstrong Rd SW.

Public facts

Beds: 5
Baths: 2.0
Sq. Ft.: 2,136
Stories: 1.0
Lot Size: 1.27 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1950
Year Renovated: 1986
County: Thurston County
APN: 12715420105

Home facts updated by county records on Sep 18, 2026

Other

Listing Information
Mls Status: Sold

Listing Date Information
On Market Date: Thursday, May 29, 2014

Green Information
Power Production Type: Electric

Home Information
Living Area Units: Square Feet
Calculated Square Footage: 2352
Building Area Total: 2352
Building Area Units: Square Feet
Foundation Details: Block
Structure Type: Duplex
Stories Total: 2

Around this home

Schools

East Olympia Elementary School

Public PreK-5 • Assigned • 3.9mi

6/10

George Washington Bush Middle School

Public 6-8 • Assigned • 0.9mi

7/10

Tumwater High School

Public 9-12 • Assigned • 2.0mi

8/10

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 • 98512

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

$562,000 – $680,000

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Home values near 8923 Armstrong Rd SW

Data from public records.

Address	Redfin Estimate
8927 Armstrong Rd SW, Olympia, WA 2 Beds \| 1 Baths \| 972 Sq. Ft.	$411,298
8929 Armstrong Rd SW, Olympia, WA 4 Beds \| 3 Baths \| 2629 Sq. Ft.	$627,251

Address	Redfin Estimate
8925 Armstrong Rd SW, Olympia, WA 4 Beds \| 3 Baths \| 3086 Sq. Ft.	$732,469
8931 Armstrong Rd SW, Olympia, WA 2 Beds \| 1 Baths \| 1054 Sq. Ft.	$485,825

Address	Redfin Estimate
8921 Armstrong Rd SW, Olympia, WA 3 Beds \| 3 Baths \| 2558 Sq. Ft.	$686,461
8847 Marlene Ct SW, Olympia, WA 3 Beds \| 3.5 Baths \| 3352 Sq. Ft.	$735,250

Property information provided by NWMLS as Distributed by MLS Grid when last listed in 2014. 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 98512, WA

Sale history for 8923 Armstrong Rd SW

Tax history for 8923 Armstrong Rd SW

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 98512

Home values near 8923 Armstrong Rd SW

More real estate resources