Date
Details
Price
Change
Source
5/01/2026
Listed
$599,950
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$599,950 Just Listed
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Property Description
Outstanding opportunity in a highly desirable Olympia location! Featuring two income-producing 2-bedroom, 1-bath homes on one lot, plus a separate adjacent building lot zoned 4-8 units per acre. Currently rented, offering immediate returns with future upside. 523 is 769 sq. ft., built in 1962, and has been updated with a newer roof, flooring, and siding, and rented for $1,670.00 a month, while the front home, 521, is 839 sq. ft., built in 1965, and presents an opportunity for improvement with some TLC (currently rented for a VERY low rent of $787.50). Each residence includes an adjacent carport. Developers and investors will appreciate the flexibility-build on the additional lot while maintaining rental income, or explore options to condominiumize or short-plat for individual resale, with alley access available (buyer to verify). A rare combination of location, income, and development potential! The listing reflects the combined sq. footage of 521 and 523, and each lot is 5,779 square feet. Taxes are $4,658.11 for 521 and 523, $1,824.27 for the lot. Recent inspections have been completed and are available upon request. Do not disturb the tenants. Viewing of the interior will be upon mutual acceptance of the offer. What a great investment!
Full Property Details
Full Property Details for 521 & 523 Blvd Road SE
General
- Price: $599,950
- Taxes: $6,482 (2026)
- Status: Active
- Type: Single Family
- Source: NWMLS
- MLS ID: 2516854
- Updated: 5/1/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Water Heater
- Appliances: Refrigerator(s), Stove(s)/Range(s)
- Flooring: Vinyl, Vinyl Plank, Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main: 4
Additional Information
- Amenities: Outbuildings
Parking
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Attached Carport
Location
- Area: 447 - Olympia North
- County: Thurston
- Subdivision: Olympia
- Building Name: Fourth St Blvd Add Olympia
- Driving Directions: I-5 South to Pacific Ave. SE, go west to Boulevard Rd SE, turn right, property will be the 6th and 7th parcels on the left. GPS friendly!
School Information
- High School District: Olympia
- Elementary School: Buyer To Verify
- Middle School: Buyer To Verify
- High School: Buyer To Verify
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard
- Water Heater: Electric
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: House
- Exterior Const.: Wood
- Basement Desc.: None
- Foundation: Pillar/Post/Pier
- Roof: Composition
- Entry Location: Main
- Square Feet: 1,588
- Finished Total: 1,588 Sq. Ft.
- Year Built: 1962
Lot Features
- Property View: Territorial
- Lot Size (Acres): 0.2653
- Lot Size (Sq. Ft.): 11,558
- Lot Size Source: Realist-both lots
- Lot Dimensions: 110 x 53 & 110 x 53
- Topography: Level
- Lot Features: Paved
Financial Considerations
- Tax Amount: $6,482.38
- Tax Year: 2026
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Inclusions: Refrigerator(s), Stove(s)/Range(s)
- Property ID: 48800100900
- Block: 1
- Lot Number: 9 & 10
Listed by Julia Galleher | Keller Williams Realty PS | (253) 835-4500
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Schools
Schools serving 521 & 523 Blvd Road SE
School District:Olympia School District
| Name | Grades | Distance |
|---|---|---|
Olympia Regional Learning Academy B 2400 15th Avenue Southeast, Olympia, WA 98501 | K-5 | 0.5 mi |
Madison Elementary School, Olympia, WA 1225 Legion Way Southeast, Olympia, WA 98501 | PK-5 | 0.8 mi |
Reeves Middle School 2200 Quince Street Northeast, Olympia, WA 98506 | 6-8 | 1.7 mi |
Olympia High School 1302 North Street Southeast, Olympia, WA 98501 | 9-12 | 1.9 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 521 & 523 Blvd Road SE
Estimate the Cost
Estimate the Cost for 521 & 523 Blvd Road SE
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521 & 523 Boulevard Road SE, Olympia, WA 98501 (MLS# 2516854) is a Single Family property with 4 bedrooms and 2 full bathrooms. 521 & 523 Boulevard Road SE is currently listed for $599,950 and was received on May 01, 2026. Want to learn more about 521 & 523 Boulevard Road SE? Do you have questions about finding other Single Family real estate for sale in Downtown Olympia? You can browse all Downtown Olympia real estate or contact a Coldwell Banker agent to request more information.