#2364405, Kevin Pier, Listing Office: DR Horton

1438 Fones Rd SE Unit A & B Olympia, WA 98501
Property details
About 1438 Fones Rd SE Unit A & B
Large Duplex with good rental income. Excellent location! Units are in great shape. With interior updates over the past few years. The city is bringing road enhancements along Fones road now. Close in location, easy freeway access, excellent stable rental income. Property is located in opportunity zone with tax benefits, might be an estate planning stategy. Take advantage of this unique opportunity. Owner occupied option may be available on Unit A. **Neighboring duplexes are also for sale**
Highlights
Summary
- Flooring Type: Laminate, Vinyl, Carpet
- Interior: Laminate Hardwood, Wall to Wall Carpet
- Exterior: Brick, Wood, Wood Products
- Heating: Baseboard, Other
- Cooling: None
- List Price: $649,900
- Price/SqFt: $272
- Lot: Dead End Street, Paved
- Directions: Pacific Ave head (North) to Fones Road head (East) on the left side of Fones Rd.
- Year Built: 1955
- Stories: 1
- Living Area: 2,383 SqFt
- Lot Size: 0.3505 Acres
- MLS Number: 2321579
- MLS Name: NWMLS
- Office Name: Better Properties N. Proctor
- Office Phone: (253) 761-8888
- Listing Agent: Josh J. Carlson
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
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Last updated on: 5/2/2025, 6:17:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$649,900
1438 Fones Rd SE Unit A & B
$7,718
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Price information
Property sales
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Tax history
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Nearby schools
7
McKenny Elementary School
Public District PK-5
1.2 mi
•3250 Morse Merryman Rd SE
5
Mountain View Elementary School
Public District PK-5
1.2 mi
•1900 College St SE
6
Pioneer Elementary School
Public District PK-5
1.9 mi
•1655 Carlyon Ave SE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,354. The most common annual income of people living in Olympia, WA is less than $<35k. Most families are single, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
Living in Olympia, WA
Olympia's transportation infrastructure supports a variety of transit options, with a focus on sustainability and accessibility. The city's public transit system provides regular bus services, connecting neighborhoods to the downtown core and beyond. The area is also conducive to walking and cycling, with numerous trails and bike lanes. Major roadways facilitate travel in and out of the city, and ongoing investments in transportation aim to enhance the efficiency and convenience of moving around Olympia.
The community benefits from a solid educational system, with numerous public and private schools catering to a range of educational needs, from elementary to higher education, including The Evergreen State College. Olympia's healthcare network includes several hospitals and clinics, offering services from primary care to specialized medical treatments. The city also features a public library system that serves as a resource and gathering place for residents. Retail and dining options abound, with an emphasis on local businesses that reflect the city's culture and values.
Olympia is celebrated for its vibrant arts scene and community-oriented atmosphere. The city prides itself on its array of local festivals, including the well-known Olympia Arts Walk and the Wooden Boat Festival, which embody the city's creative spirit and maritime heritage. The downtown area, with its eclectic mix of shops and cafes, serves as a hub for both residents and visitors, fostering a sense of community and local pride.
Olympia's housing market showcases a diverse array of options, with single-family homes being a significant presence, reflecting a mix of contemporary and classic Pacific Northwest architectural styles. The market also includes a selection of condominiums and townhouses, providing alternatives for those seeking a more urban living experience. The homeownership rate in Olympia is robust, with a majority of residents owning their homes, while a substantial portion opts for renting, indicating a balanced housing ecosystem.
About 1438 Fones Rd SE Unit A & B
The listing price of 1438 Fones Rd SE Unit A & B property is $649,900.
The property 1438 Fones Rd SE Unit A & B is a house located in Olympia, Washington, 98501.
Active Listing: 1438 Fones Rd SE Unit A & B is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1438 Fones Rd SE Unit A & B are: McKenny Elementary School (GreatSchools Rating 7/10), Mountain View Elementary School (GreatSchools Rating 5/10), Pioneer Elementary School (GreatSchools Rating 6/10), Washington Middle School (GreatSchools Rating 7/10), Chinook Middle School (GreatSchools Rating 4/10), Komachin Middle School (GreatSchools Rating 4/10), Olympia Regional Learning Academy (GreatSchools Rating 6/10), North Thurston High School (GreatSchools Rating 7/10), Envision Career Academy (GreatSchools Rating 3/10).
The property at 1438 Fones Rd SE Unit A & B has 0 bathroom.
The property 1438 Fones Rd SE Unit A & B is 2,383 SqFt (source: MLS/tax record).
The year of construction for 1438 Fones Rd SE Unit A & B is 1955.
This home is located at 1438 Fones Rd SE Unit A & B in Olympia, WA and zip code 98501. This 2,383 square foot home, which was built in 1955, sits on a 0.35 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 11, 2025 and is currently priced at $649,900.
In April 2025, from all listings sold in Olympia, WA there were more than 56 sold above asking price, over 46 sold below and more than 44 were sold right at the asked price. Between March and April 2025, Olympia, WA real estate market has seen increase in the number of listings by 11.1%. Listings spent 38 days on the market in April 2025, and had a median list price of $559,984 during the same period.