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$636,000

  • Sold
  • Closed
  • Multi-Family

Listed by Gretchen Nogler | Better Properties N. Proctor | (253) 761-8888
Sold by Peter Olive | Windermere RE/Capitol Hill,Inc

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3 units, 2 houses, 1 lot! All 3 units operate as successful short term rentals. First house is 2 bedrooms divided into 2 units. Unit A has 1 bedroom, full bath & large kitchen w/door that opens to the expansive over 1/2 acre woodsy yard. A Dutch door opens to the attached carport. Unit B is a clever conversion: the primary suite has been transformed into a studio apartment complete w/3/4 bath, fully functioning kitchen & exterior door. The door that links the studio to the rest of the house has been sealed & could easily be dismantled. The 2nd house is unit C, a 2 story house w/2 bedrooms, full bath, charming loft & a flex room! Unit C houses a shared laundry room off the porch. These houses are a great place to live &/or generate income.

Full Property Details for 507 Kaiser Rd NW #A,B,C

General

  • Sold For: $636,000
  • Taxes: $5,090 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2393941
  • Added to Site: 212 day(s) ago

Interior

  • Flooring: Laminate, Vinyl Plank, Carpet

Additional Information

  • Amenities: Cabana/Gazebo, Deck, High Speed Internet, Outbuildings, RV Parking

Parking

  • Carport Spaces: 1
  • Uncovered Spaces: 3
  • Parking Features: RV Parking

Location

  • Area: 444 - Olympia Westside
  • County: Thurston
  • Subdivision: Westside
  • Driving Directions: GPS can be close but incorrect, I5 to exit 104, take Mud Bay Rd exit, right onto Harrison Ave NW/Mud Bay Rd NW, right onto Kaiser Rd SW.

School Information

  • High School District: Olympia

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Other – See Remarks, Window Unit(s)
  • Heating Type: Baseboard, Stove/Free Standing, Wall Unit(s)

Utilities

  • Sewer: Septic Tank
  • Water: Individual Well

Structural Information

  • Structure Type: Duplex
  • Exterior Const.: Wood Products
  • Foundation: See Remarks
  • Roof: Composition
  • Stories in Building: 2
  • Square Feet: 1,902
  • Year Built: 1943
  • Property Condition: Good

Unit Information

  • Units in Building: 3

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.63
  • Lot Size (Sq. Ft.): 27,443
  • Lot Size Source: realist
  • Lot Features: Open Space, Paved, Secluded

Financial Considerations

  • Tax Amount: $5,090
  • Tax Year: 2025
  • Terms: Cash Out, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 12017310901

Listed by Gretchen Nogler | Better Properties N. Proctor | (253) 761-8888
Sold by Peter Olive | Windermere RE/Capitol Hill,Inc

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NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 507 Kaiser Rd NW #A,B,C

School District:Olympia School District
NameGradesDistance
McLane Elementary School
200 Delphi Road Southwest, Olympia, WA 98502
K-50.9 mi
Thurgood Marshall Middle School
3939 20th Avenue Northwest, Olympia, WA 98502
6-81.3 mi
Capital High School
2707 Conger Avenue Northwest, Olympia, WA 98502
9-121.3 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 507 Kaiser Rd NW #A,B,C

Date
Details
Price
Change
Source
10/08/2025
Sold
$636,000
-2%
MLS
6/20/2025
Listed
$649,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Gretchen Nogler | Better Properties N. Proctor | (253) 761-8888
Sold by Peter Olive | Windermere RE/Capitol Hill,Inc

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507 Kaiser Rd NW, Olympia, WA 98502 - Photo 1 Sold
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Sold by Eric Butler | North Beach Realty OS LLC

507 Kaiser Road NW #A,B,C, Olympia, WA 98502 (MLS# 2393941) is a Multi-Family property that was sold at $636,000 on October 08, 2025. Want to learn more about 507 Kaiser Road NW #A,B,C? 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.