#2383121, Karen Thurston, Listing office: Virgil Adams Real Estate, Inc.

2320 Capitol Way S Olympia, WA 98501
Property details
About 2320 Capitol Way S
Incredible investment in this charming renovated Duplex of 2196 SF plus 844 SF finished basement - on large lot just minutes from Capitol Campus! 3 bed/1 bath (1835 sf) on one side and a 1 bed/1 bath (1205 sf) on the other. Each side includes private basement w/laundry. Newer hardi siding, windows & doors. AND, newer electrical, plumbing, kitchens, baths, appliances, flooring, driveway, fencing. Ductless mini-split for heat & A/C. Cadet heat in basement. Concrete parking (via alley) for 4 cars. Highly desirable location in South Capitol neighborhood close to downtown, Oly schools, bus stop & freeway access. Great rental history. Showings only upon accepted offer. Perfect for owner-occupant or investors looking for strong rental demand!
Highlights
Summary
- Flooring Type: Ceramic Tile, Laminate, Carpet
- Interior: Ceramic Tile, Laminate Hardwood, Wall to Wall Carpet
- View: Territorial
- Exterior: Cement Planked
- Heating: Zoned, Forced Air
- Cooling: Central Air, Ductless
- List Price: $695,000
- Price/SqFt: $228
- HOA Amount: $0
- Annual Tax Amount: $6,515
- Tax Year: 2022
- Lot: Paved, Sidewalk
- Directions: From downtown Olympia, South on Capitol Way. Property fronts on Capitol (cute red & white duplex structure). Tenant parking is via a left on 24th Ave SE, left on first alley to rear of building
- Year Built: 1901
- Stories: 2
- Living Area: 3,040 SqFt
- Lot Size: 0.1653 Acres
- MLS Number: 2349283
- MLS Name: NWMLS
- Office Name: Coldwell Banker Evergreen
- Office Phone: (360) 352-7651
- Listing Agent: Jodi Ashline
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
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Last updated on: 6/17/2025, 2:32:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$695,000
2320 Capitol Way S
$8,253
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 29, 2019 | Home Sold | $430,000 |
Mar 16, 2015 | Home Sold | $110,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2022 | $653,400 | $6,515 |
2021 | $495,700 | $5,921 |
2020 | $435,300 | $5,618 |
2019 | $345,300 | $3,496 |
2018 | $284,400 | $3,575 |
2017 | $265,400 | $2,908 |
History based on county public records data.
Nearby schools
6
Lincoln Elementary School
Public District KG-5
0.2 mi
•213 21st Ave SE
6
Pioneer Elementary School
Public District PK-5
1.2 mi
•1655 Carlyon Ave SE
4
Madison Elementary School
Public District PK-5
1.3 mi
•1225 Legion Way 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 $95,427. The majority of Olympia, WA residents have income between $100k-200k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 2320 Capitol Way S
The listing price of 2320 Capitol Way S property is $695,000.
The property 2320 Capitol Way S is a house located in Olympia, Washington, 98501.
Active Listing: 2320 Capitol Way S is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2320 Capitol Way S are: Lincoln Elementary School (GreatSchools Rating 6/10), Pioneer Elementary School (GreatSchools Rating 6/10), Madison Elementary School (GreatSchools Rating 4/10), Washington Middle School (GreatSchools Rating 7/10), Jefferson Middle School (GreatSchools Rating 7/10), Reeves Middle School (GreatSchools Rating 7/10), Olympia High School (GreatSchools Rating 9/10), Avanti High School (GreatSchools Rating 9/10), Olympia Regional Learning Academy (GreatSchools Rating 6/10).
According to the records, the last property tax for 2022 is $6,515 (source: MLS/based on county public records data).
The last sale was on March 29, 2019 for $430,000 (source: MLS/tax record).
The property at 2320 Capitol Way S has 0 bathroom.
The property 2320 Capitol Way S is 3,040 SqFt (source: MLS/tax record).
The year of construction for 2320 Capitol Way S is 1901.
This home is located at 2320 Capitol Way S in Olympia, WA and zip code 98501 in the South Capitol neighborhood. This 3,040 square foot home, which was built in 1901, sits on a 0.17 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 2, 2025 and is currently priced at $695,000.
Olympia, WA housing market in May 2025 saw over 64 listings sold above listed price, more than 62 sold at listed price and over 52 sold below. In May 2025 in Olympia, WA there were 16.9% more homes for sale than in April. The median list price of listings available in May 2025 was $564,571, while the average time on the real estate market was 30 days.