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$585,000 Just Listed
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Property Description
Amazing opportunity in the High Density Corridor (HDC-1) zoning district of Olympia, which allows for offices, small-scale commercial use, and moderate to high-density multifamily residential. Currently being used as a single family home, this would make a great live/work space or convert fully into an office. Spacious rooms for offices or meeting spaces downstairs, along with completely remodeled kitchen, mud room, and full bath. Upstairs has another full bath and 3 rooms, one with capped plumbing lines for easy conversion to a kitchen or wet bar. Located on State and Puget, your business will have great exposure with high vehicle and pedestrian traffic. Free street parking on this block!
Full Property Details
Full Property Details for 1128 State Ave NE
General
- Price: $585,000
- Taxes: $5,079 (2026)
- Status: Active
- Type: Office
- Source: NWMLS
- MLS ID: 2517261
- Updated: 5/2/2026
- Added to Site: 4 day(s) ago
Interior
- Flooring: Softwood, Vinyl, Vinyl Plank, Carpet
Parking
- Uncovered Spaces: 2
Location
- Area: 447 - Olympia North
- County: Thurston
- Subdivision: Olympia
- Driving Directions: Corner of State Ave NE and Puget St NE- free street parking on this block of State St!
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Office
- Exterior Const.: Metal/Vinyl, Wood
- Foundation: Concrete Ribbon
- Roof: Composition
- Ceiling Height: 9ft
- Year Built: 1912
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.1446
- Lot Size (Sq. Ft.): 6,300
- Lot Size Source: Realist - Buyer to Verify
- Topography: Level
- Zoning: Commercial, Residential
Water Features
- Water Front: Yes
Financial Considerations
- Tax Amount: $5,079
- Tax Year: 2026
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 68100101000
Listed by Jessica Kammeyer | Redfin | (360) 558-3945
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Schools
Schools serving 1128 State Ave NE
School District:Olympia School District
| Name | Grades | Distance |
|---|---|---|
Roosevelt Elementary School, Olympia, WA 1417 San Francisco Avenue Northeast, Olympia, WA 98506 | K-5 | 0.7 mi |
Olympia Regional Learning Academy B 2400 15th Avenue Southeast, Olympia, WA 98501 | K-5 | 1.1 mi |
Reeves Middle School 2200 Quince Street Northeast, Olympia, WA 98506 | 6-8 | 1.2 mi |
Olympia High School 1302 North Street Southeast, Olympia, WA 98501 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1128 State Ave NE
Date
Details
Price
Change
Source
4/30/2026
Listed
$585,000
17%
MLS
4/03/2025
Sold
$500,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1128 State Ave NE
Year
Property Taxes
Change
Tax Assessment
Change
2026
$11
-100%
$480,900
4%
2025
$4,844
48%
$462,100
74%
2021
$3,266
-2%
$266,100
-20%
2023
$3,331
2%
$333,600
32%
2021
$3,266
18%
$252,700
21%
2020
$2,758
17%
$208,100
8%
2019
$2,366
-14%
$192,200
-5%
2018
$2,737
44%
$203,100
34%
2017
$1,895
26%
$151,300
22%
2016
$1,509
7%
$123,950
10%
2015
$1,411
4%
$112,450
6%
2014
$1,358
—
$105,750
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1128 State Ave NE
1128 State Avenue NE, Olympia, WA 98506 (MLS# 2517261) is a Office property. 1128 State Avenue NE is currently listed for $585,000 and was received on April 30, 2026. Want to learn more about 1128 State Avenue NE? Do you have questions about finding other Office real estate for sale in Olympia? You can browse all Olympia real estate or contact a Coldwell Banker agent to request more information.

