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$565,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • Updated 12 days ago

Listed by Mary Terrell | eXp Realty | (888) 317-5197

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Well maintained duplex in a desirable location, offering strong rental appeal & long-term investment potential. Each loft-style unit features 1 BD & 1 BA with vaulted ceilings & an airy floor plan. Spacious kitchens include dining nooks & flow seamlessly into the living areas. Unit 429 has been updated w/ modern cabinetry, quartz countertops, SS appliances, & a ductless mini-split system. The second unit is well kept & move-in ready, providing flexibility for upgrades or immediate income. Both units enjoy patios, fully fenced yards, individual storage units, & garden space. Parking features one carport stall & one add'l parking space. Park located across the street. Dependable cash flow in a convenient, close to everything location. Assumable FHA loan at 4.125%.

Full Property Details for 427 429 Thomas St NW

General

  • Price: $565,000
  • Taxes: $4,565 (2025)
  • Status: Pending
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2471242
  • Updated: 2/3/2026
  • Added to Site: 25 day(s) ago

Interior

  • Flooring: Laminate, Vinyl, Carpet

Additional Information

  • Amenities: Cable TV, Fenced-Partially, High Speed Internet, Outbuildings, Patio
  • Security/Safety: Partially Fenced

Parking

  • Carport Spaces: 2
  • Uncovered Spaces: 2

Location

  • Area: 444 - Olympia Westside
  • County: Thurston
  • Subdivision: Westside
  • Driving Directions: Head E on Harrison Ave, Take a left on Thomas St, property will be on your left.

School Information

  • High School District: Olympia
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ductless, Other – See Remarks
  • Heating Type: Ductless, Wall Unit(s)

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Duplex
  • Exterior Const.: Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • Stories in Building: 1
  • Square Feet: 1,408
  • Year Built: 1969

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size (Acres): 0.1692
  • Lot Size (Sq. Ft.): 7,370
  • Lot Size Source: Public Records
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • Zoning: Multi-Family

Financial Considerations

  • Tax Amount: $4,565
  • Tax Year: 2025
  • Terms: Assumable, Cash Out, FHA

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 85000901400

Listed by Mary Terrell | eXp Realty | (888) 317-5197

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 427 429 Thomas St NW

School District:Olympia School District
NameGradesDistance
Garfield Elementary School, Olympia, WA
325 Plymouth Street Northwest, Olympia, WA 98502
K-50.1 mi
Olympia Regional Learning Academy B
2400 15th Avenue Southeast, Olympia, WA 98501
K-52.7 mi
Jefferson Middle School, Olympia, WA
2200 Conger Avenue Northwest, Olympia, WA 98502
6-80.4 mi
Capital High School
2707 Conger Avenue Northwest, Olympia, WA 98502
9-120.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 427 429 Thomas St NW Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/22/2026
Listed
$565,000
13%
MLS
4/05/2022
Sold
$500,000
—
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 427 429 Thomas St NW

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,565
39%
$435,400
70%
2021
$3,277
-8%
$256,000
-29%
2023
$3,577
9%
$358,300
41%
2021
$3,277
7%
$253,600
10%
2020
$3,051
17%
$230,300
8%
2019
$2,614
-5%
$212,400
4%
2018
$2,751
32%
$204,100
23%
2017
$2,080
12%
$166,150
9%
2016
$1,853
4%
$152,350
7%
2015
$1,782
-1%
$142,150
2%
2014
$1,791
—
$139,750
—
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 Mary Terrell | eXp Realty | (888) 317-5197

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427 429 Thomas St NW, Olympia, WA 98502 (MLS# 2471242) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 427 429 Thomas St NW is currently listed for $565,000 and was received on January 22, 2026. Want to learn more about 427 429 Thomas St NW? Do you have questions about finding other Multi-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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