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$387,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1,200 Sq. Ft.

Listed by Jessica C Liederbach | RE/MAX Advantage | (360) 851-1085

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Darling 1925 bungalow in the heart of Downtown Olympia. Former, profitable, AirBnb and Travel Nurse rental, consistently booked. Bright updated kitchen with Marmoleum floors, butcher block counters, open shelving, newer cabinets and appliances. Updated accessible bathroom meets code, Marmoleum floors, newer vanity. 2 bedrooms on main, 1 larger bedroom upstairs. Updated vinyl windows, vinyl plank flooring, light fixtures, plumbing, electrical, garage door. Gated courtyard has hot tub wire. 1200 SF basement/garage accessed from North side of home (enter from Legion). Parking on street and behind home. ALL furnishings may be included/negotiated for turn-key short or mid-term rental. Seller may carry contract with 20% down, 2 year balloon, 10% interest, 30 yr am. Seller is a licensed broker in the State of WA. Zoned Downtown Commercial.

Full Property Details for 408 7th Ave SE

General

  • Price: $387,000
  • Taxes: $2,686 (2026)
  • Status: Active
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2505659
  • Updated: 5/11/2026
  • Added to Site: 47 day(s) ago

Interior

  • Interior Features: Water Heater
  • Appliances: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Flooring: Other, Vinyl Plank, Carpet

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Baths: 1

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Upper: 1
  • Bedrooms Main: 2

Additional Information

  • Amenities: Fenced-Fully, Fenced-Partially
  • Security/Safety: Fully Fenced, Partially Fenced

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Covered Spaces: 1
  • Parking Features: Attached Garage

Location

  • Area: 447 - Olympia North
  • County: Thurston
  • Subdivision: Olympia
  • Driving Directions: State or 4th Ave to South on Jefferson, Right on 7th Ave.
  • Direction Faces: South

School Information

  • High School District: Olympia
  • Elementary School: Lincoln Elementary
  • Middle School: Wash Mid
  • High School: Olympia High

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall Furnace
  • Water Heater: Elec

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: House
  • Exterior Const.: Stucco
  • Basement Desc.: Unfinished
  • Foundation: Block
  • Roof: Composition
  • Entry Location: Main
  • Square Feet: 1,200
  • Finished Total: 1,200 Sq. Ft.
  • Year Built: 1925

Lot Features

  • Property View: City, See Remarks
  • Lot Size (Acres): 0.1079
  • Lot Size (Sq. Ft.): 4,698
  • Lot Size Source: County
  • Lot Dimensions: 4698
  • Topography: Partial Slope
  • Lot Features: Paved

Financial Considerations

  • Tax Amount: $2,686.25
  • Tax Year: 2026
  • Terms: Cash, Conventional, Owner Will Carry

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Property ID: 73690000408

Listed by Jessica C Liederbach | RE/MAX Advantage | (360) 851-1085

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Schools serving 408 7th Ave SE

School District:Olympia School District
NameGradesDistance
Lincoln Elementary School, Olympia, WA
213 21st Avenue Southeast, Olympia, WA 98501
K-50.9 mi
Olympia Regional Learning Academy B
2400 15th Avenue Southeast, Olympia, WA 98501
K-51.4 mi
Washington Middle School, Olympia, WA
3100 Cain Road Southeast, Olympia, WA 98501
6-82 mi
Olympia High School
1302 North Street Southeast, Olympia, WA 98501
9-121.8 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 408 7th Ave SE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/11/2026
Price Reduced
$387,000
-3.01%
MLS
4/17/2026
Price Reduced
$399,000
-4.77%
MLS
4/10/2026
Listed
$419,000
170.32%
MLS
1/20/2006
Sold
$155,000
—
Public Record
Get Price Alerts and Save Property
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 for 408 7th Ave SE

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,399
7%
$253,900
20%
2025
$2,232
-15%
$212,400
-1%
2021
$2,630
14%
$214,400
-7%
2023
$2,309
-12%
$230,900
14%
2021
$2,630
14%
$203,400
17%
2020
$2,308
9%
$174,000
1%
2019
$2,116
2%
$171,800
12%
2018
$2,075
24%
$153,900
15%
2017
$1,674
18%
$133,550
15%
2016
$1,415
10%
$116,150
13%
2015
$1,290
—
$102,700
2%
2014
$1,287
—
$100,250
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Jessica C Liederbach | RE/MAX Advantage | (360) 851-1085

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408 7th Avenue SE, Olympia, WA 98501 (MLS# 2505659) is a Single Family property with 3 bedrooms and 1 full bathroom. 408 7th Avenue SE is currently listed for $387,000 and was received on April 10, 2026. Want to learn more about 408 7th Avenue SE? Do you have questions about finding other Single Family real estate for sale in Olympia? You can browse all Olympia real estate or contact a Coldwell Banker agent to request more information.

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