Olympia, WA 98502 4518 Ridgewood Court NW
$625,000
16 more
Presented By: Olympic Sotheby’s Int’l Realty and NWMLS
- MLS# 2425784
- 08/27/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 2,436
Garage • 1
Home Details
Well built duplex with great rental history and market leading rents on the popular Cooper Point peninsula. Private lot in a quite wooded community creates an ideal setting for an investor or owner occupant. Large 1200+ sqft units with great open floor plan, 3 beds, 1.5 baths, and attached 1 car garage. Vacant unit has updated flooring, paint, and a fully redone main bath. Brick siding is easy to maintain and will protect your investment from the weather. Large backyards for both units give space to run around and spread out. In a rental environment where solid returns are hard to find, this property offers market beating income.
Presented By: Olympic Sotheby’s Int’l Realty and NWMLS
Interior Features for 4518 Ridgewood Court NW
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringLaminate, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories1
General for 4518 Ridgewood Court NW
Building Area UnitsSquare Feet
Cap Rate7
Carport Spaces
Carport Y/NNo
CityOlympia
CoolingNone
CountyThurston
DirectionsNorth on Cooper Pt Rd, Right on 44th, left on Ridgewood Ct NW to property on right at end.
Electric Expense
Fuel Expense
HOANo
HOA Fee$
HeatingBaseboard
High School DistrictOlympia
Insurance Expense2000
Leasable Area2436
Listing TermsCash Out, Conventional, FHA, VA Loan
Lot Size Square Feet24997
Lot Size UnitsSquare Feet
MLS Area444 – Olympia Westside
ModificationTimestamp2025-08-27T20:58:12.061Z
NWM_ShowMapLinkY
Net Operating Income43751
New ConstructionNo
Number Of Units Total2
Open Parking Spaces2
PossessionClosing, Subject to Tenant Rights
Property Style52 – Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksWell built duplex with great rental history and market leading rents on the popular Cooper Point peninsula. Private lot in a quite wooded community creates an ideal setting for an investor or owner o
RoofComposition
Senior Community Y/NNo
SewerSeptic Tank
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameCooper Point
Tax Annual Amount7049
Tax Year2025
Units Below Gradefalse
ViewTerritorial
Water CompanyThurston PUD
Water Sewer Garbage0
Year Built1970
Exterior for 4518 Ridgewood Court NW
Building Area Total2436
Covered Spaces2
Exterior AmenitiesBrick, Wood, Wood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesCul-De-Sac, Dead End Street, Paved
Lot Size Acres0.5739
Parking FeaturesRV Parking
Parking Uncovered Spaces2
Site FeaturesCable TV, Patio, RV Parking
Total Parking4
Water SourceCommunity
Waterfront Y/NNo
Additional Details
Price History
Josh QA1
REALTOR ® SRES ®