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$699,950
2 Days On Site

1815 Karen Frazier Road SE
Olympia, WA 98501

For Sale|Multi Family|Active
0
Beds
0
Total Baths
2,207
SqFt
$317
/SqFt
2022
Built
Cumulative Days On Market:
1
Subdivision:
Olympia
County:
Thurston
Courtesy of NWMLS
Listing courtesy of Brian J Dermanoski of Blue Summit Realty LLC
1815 Karen Frazier Road SE1815 Karen Frazier Road SE1815 Karen Frazier Road SE1815 Karen Frazier Road SE
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Monthly Payment (Est.)

$3,193
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

Like new investment opportunity in the heart of Olympia. This duplex style home features a 3 bedroom, 2.5 bath main home with an attached 2 bedroom, 1 bath ADU. Both homes features solid surface flooring throughout, granite counters throughout, stainless appliances, high efficiency mini split heat pump systems with air conditioning, and energy efficient insulation and lighting packages. Built in 2022 and exceptionally maintained. Long term leases in place and a great cap rate with room for continued growth. Exterior features custom accents and fenced rear yards. Close to all amenities and freeway access, with top rated Olympia schools nearby.

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Listing Snapshot
Price 
$699,950
Days On Site 
2 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,207 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1182 Acres
Year Built 
2022
MLS® Number 
2528865
Status 
Active
Property Tax 
$7,803
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
yesterdayStatus changed to Active
2 days agoListing first seen on site
General Features
Acres 
0.1182
Additional Property Use 
Residential
Garage 
Yes
Garage Spaces 
2
Number Of Stories 
2
Parking Spaces 
4
Property Sub Type 
Multi Family
SqFt Total 
2207
Utilities 
Cable AvailableSewer Connected
Zoning 
Residential
Interior Features
Cooling 
Ductless
Flooring 
Vinyl
Heating 
ElectricDuctlessWall Furnace
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Exterior Features
Construction Details 
Wood Siding
Fencing 
Partial
Lot Features 
Paved
Patio And Porch 
Patio
Roof 
Composition
Community Features
Financing Terms Available 
CashConventionalVA Loan
MLS Area 
448 - Olympia South
School District 
Olympia
Schools
School District
Olympia
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Courtesy of NWMLS
Listing courtesy of Brian J Dermanoski of Blue Summit Realty LLC



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the broker or MLS Grid. Supplied open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-05-24 11:46 PM PDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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