Olympia, WA 98502 507 Kaiser Road NW # A,B,C
$649,000
Pending
35 more
Presented By: Better Properties N. Proctor and NWMLS
- MLS# 2393941
- 06/20/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 1,902
Home Details
3 units, 2 houses, 1 lot! All 3 units operate as successful short term rentals. First house is 2 bedrooms divided into 2 units. Unit A has 1 bedroom, full bath & large kitchen w/door that opens to the expansive over 1/2 acre woodsy yard. A Dutch door opens to the attached carport. Unit B is a clever conversion: the primary suite has been transformed into a studio apartment complete w/3/4 bath, fully functioning kitchen & exterior door. The door that links the studio to the rest of the house has been sealed & could easily be dismantled. The 2nd house is unit C, a 2 story house w/2 bedrooms, full bath, charming loft & a flex room! Unit C houses a shared laundry room off the porch. These houses are a great place to live &/or generate income.
Presented By: Better Properties N. Proctor and NWMLS
Interior Features for 507 Kaiser Road NW # A,B,C
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringLaminate, Vinyl Plank, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories2
General for 507 Kaiser Road NW # A,B,C
AmenitiesPlayground, Storage
Building Area UnitsSquare Feet
Cap Rate8.91
Carport Spaces1
Carport Y/NNo
CityOlympia
CoolingOther See Remarks, Window Unit(s)
CountyThurston
DirectionsGPS can be close but incorrect, I5 to exit 104, take Mud Bay Rd exit, right onto Harrison Ave NW/Mud Bay Rd NW, right onto Kaiser Rd SW.
Electric Expense4574
Fuel Expense
HOANo
HOA Fee$
HeatingBaseboard, Stove/Free Standing, Wall Unit(s)
High School DistrictOlympia
Insurance Expense2000
Leasable Area1902
Listing TermsCash Out, Conventional, FHA, VA Loan
Lot Size Square Feet27443
Lot Size UnitsSquare Feet
MLS Area444 – Olympia Westside
ModificationTimestamp2025-09-03T17:34:10.728Z
NWM_ShowMapLinkY
Net Operating Income57843
New ConstructionNo
Number Of Units Total3
Open Parking Spaces3
PossessionSubject to Tenant Rights
Property ConditionGood
Property Style52 – Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public Remarks3 units, 2 houses, 1 lot! All 3 units operate as successful short term rentals. First house is 2 bedrooms divided into 2 units. Unit A has 1 bedroom, full bath & large kitchen w/door that opens to the e
RoofComposition
Senior Community Y/NNo
SewerSeptic Tank
Special Listing ConditionsNone
Standard StatusPending
StatusPending Inspection
Structure TypeDuplex
Subdivision NameWestside
Tax Annual Amount5090
Tax Year2025
Unit NumberA, B, C
Units Below Gradefalse
Units In Building Total3
ViewTerritorial
Water Companywell
Water Sewer Garbage912
Year Built1943
Exterior for 507 Kaiser Road NW # A,B,C
Building Area Total1902
Covered Spaces
Exterior AmenitiesWood Products
Foundation DetailsSee Remarks
Irrigation Water Rights Y/NNo
Lot FeaturesOpen Space, Paved, Secluded
Lot Size Acres0.63
Parking FeaturesRV Parking
Parking Uncovered Spaces3
Site FeaturesCabana/Gazebo, Deck, High Speed Internet, Outbuildings, RV Parking
Total Parking4
Water SourceIndividual Well
Waterfront Y/NNo
Additional Details
Price History
Josh QA1
REALTOR ® SRES ®