Listed by Jessica Knicely • Windermere Abode. Bought with Windermere Abode.
Off Market Jan 2021 for $462K
$659,450
—
bd
•
— ba
•
2,468
sq ft
9035 Steilacoom Rd SE, Olympia, WA 98513
About this home
An investor’s dream! With both units already rented, purchase this duplex & start cash flowing immediately. Located at the end of a cul-de-sac, each unit is 1,234 sq ft w/3 beds, 2 baths, 1 car garage & additional parking. The primary bedroom suite has private bath & sliding glass door to the backyard. Interiors are in great condition! Fireplace in spacious living room + open kitchen & dining room, 2nd sliding door to the massive yard. Between the modern layouts & proximity to town/freeway, these units are in high rental demand. Be sure to check out the floorplan to get a feel for the layout. Tenants are responsible for utilities. Ask your Broker for info on the NOI, cash flow sheets, current property management & rental rate possibilities.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
6
Baths
4
Stories
1
Lot width
—
Lot depth
—
Lot size
0.93 Acres
Year renovated
1995
Sq. Ft.
2,468
Year built
1995
Style
Multi-Family (2-4 Unit)
County
Thurston County
APN
11813120009
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 22, 2026.
Property details
Parking
Parking Information
Parking Uncovered Spaces: 4
Covered Spaces: 2
Open Parking Spaces: 4
Has Open Parking
Interior
Virtual Tour
Heating & Cooling
Has Heating
Interior Features
Interior Features: Wall to Wall Carpet
Flooring: Vinyl, Carpet
Multi-Family Financial Information
Other Expense: $4,013
Net Operating Income: $19,499
Gross Adjusted Income: 28411
Gross Scheduled Income: $28,411
Total Monthly Income: 2615
Gross Rent Multiplier: 16
Total Expenses: 8912
Multi-Unit Information
Units Below Grade: false
Units In Building Total: 2
# of Units (Total): 2
Furnished: Unfurnished
Exterior
Building Information
Roof: Composition
Exterior Features
Exterior Features: Wood Products
Property Information
Style Code: 52 - Duplex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Very Good
Lot Information
MLS Lot Size Source: Realist
Site Features: Cable TV,Fenced-Partially,Patio
Lot Features: Cul-De-Sac, Curbs, Dead End Street, Paved
Lot Size Units: Square Feet
Lot Size Acres: 0.9299
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $4,908
Tax Year: 2020
Financial Information
Listing Terms: Cash Out, Conventional, VA Loan
Buyer Financing: Conventional
Utilities
Utility Information
Water Source: Public
Water Company: City of Lacey
Power Company: PSE
Sewer: Sewer Connected
Sewer Company: City of Lacey
Utilities: Cable Connected, Sewer Connected, Electric
Water Sewer Garbage: 0
Location
School Information
Elementary School: Buyer To Verify
Middle Or Junior High School: Buyer To Verify
High School: Buyer To Verify
High School District: North Thurston
Location Information
Directions: From Tacoma, Take exit 114 toward Nisqually, Continue onto Martin Way E, Turn left onto Duterrow Rd SE, Turn right onto Steilacoom Rd SE, Turn left, Duplex at the end of cul-de-sac.
Public facts
Beds: 6
Baths: 4.0
Sq. Ft.: 2,468
Stories: 1.0
Lot Size: 0.93 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1995
Year Renovated: 1995
County: Thurston County
APN: 11813120009
Home facts updated by county records on Jun 22, 2026
Other
Listing Information
Mls Status: Sold
Listing Date Information
Offers Review Date: Monday, December 7, 2020
On Market Date: Thursday, December 3, 2020
Green Information
Power Production Type: Electric
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 2468
Building Area Total: 2468
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Year Built Effective: 1995
Effective Year Built Source: Public Records
Structure Type: Duplex
Stories Total: 1
Around this home
Schools
Meadows Elementary School
Public PreK-5 • Assigned • 0.4mi
6/10
Salish Middle School
Public 6-8 • Assigned • 2.2mi
5/10
River Ridge High School
Public 9-12 • Assigned • 0.5mi
4/10
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, 9 days in 30 years
Provided by First Street
Historical weather
Olympia, WA • 98513
Average low and high temperatures (°F)
47
34
48
34
54
38
63
39
69
45
74
50
80
54
79
57
73
52
61
44
51
41
48
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.8 hours in
June and 1.8 hours in December, placing it below the
U.S. average for solar exposure.
8.8 hrs
1.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$627,000 – $759,000
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