#2364899, Ben Douglas, Listing Office: Paragon Real Estate Advisors

1510 Fones Rd SE Olympia, WA 98501
Property details
About 1510 Fones Rd SE
Great investment property! 3 duplexes on a private cul-de-sac each on individual parcels. 6 total units on 3 parcels. Each property is connected to sewer and public utilities. Separate water meters for each unit will be scheduled to be installed. Units are in great shape. Multiple new kitchens and 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. Many possibilities with property; hold and cash flow or sell each off individually. Property is located in opportunity zone with tax benefits, might be an estate planning stategy. Take advantage of this unique opportunity.
Highlights
Summary
- Flooring Type: Ceramic Tile, Laminate, Vinyl, Carpet
- Interior: Ceramic Tile, Laminate Hardwood, Wall to Wall Carpet
- Exterior: Brick, Wood, Wood Products
- Heating: Baseboard, Other
- Cooling: None
- List Price: $1,650,000
- Price/SqFt: $334
- Lot: Dead End Street, Paved
- Directions: Pacific Ave head (North) to Fones Road head (East) on the left side of Fones Rd.
- Year Built: 1962
- Stories: 1
- Living Area: 4,933 SqFt
- Lot Size: 0.7494 Acres
- MLS Number: 2318246
- 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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$1,650,000
1510 Fones Rd SE
$10,000
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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. Residents of Olympia, WA typically earn less than $<35k each year. The most common type of family is single, no kids. The majority of 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 1510 Fones Rd SE
The listing price of 1510 Fones Rd SE property is $1,650,000.
The property 1510 Fones Rd SE is a house located in Olympia, Washington, 98501.
Active Listing: 1510 Fones Rd SE is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1510 Fones Rd SE 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 1510 Fones Rd SE has 0 bathroom.
The property 1510 Fones Rd SE is 4,933 SqFt (source: MLS/tax record).
The year of construction for 1510 Fones Rd SE is 1962.
This home is located at 1510 Fones Rd SE in Olympia, WA and zip code 98501. This 4,933 square foot home, which was built in 1962, sits on a 0.75 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since December 27, 2024 and is currently priced at $1,650,000.
In April 2025 more than 56 listings in Olympia, WA were sold above the asking price. During the same period more than 44 listings were sold at asking price, while more than 46 were sold below. The number of listings in Olympia, WA increased by 11.1% between March and April 2025. In April 2025 median list price was $559,984 and the average listing age was 38 days.