1729 1725 5th Ave SE Olympia, WA 98501
Eastside NeighborhoodEstimated payment $3,400/month
Highlights
- Wood Flooring
- Corner Lot
- Baseboard Heating
- Reeves Middle School Rated A-
- No HOA
- Wood Siding
About This Home
Beautifully maintained home with apartment, in Olympia’s desirable Eastside neighborhood! On a corner lot with mature landscaping, this 1,572+/- sqft property has so much charm. 2 bed, 1 bath main house boasts mid-century character with refinished original hardwood floors, fresh interior paint, and stylish updates including new kitchen counters and backsplash. 1 bed 1 bath apartment is bright & functional, featuring an open-concept layout that maximizes space and comfort. Centrally located near downtown Olympia, parks, and Ralph’s Thriftway, this property is perfect for investors or owner-occupants looking to offset their mortgage with rental income. Pride of ownership is evident throughout. A rare opportunity you won’t want to miss!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2375449
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,367
Year Built
- Built in 1935
Lot Details
- 6,600 Sq Ft Lot
- Corner Lot
Home Design
- Duplex
- Block Foundation
- Composition Roof
- Wood Siding
- Wood Composite
Interior Spaces
- 1,572 Sq Ft Home
- 1-Story Property
Flooring
- Wood
- Carpet
- Laminate
- Ceramic Tile
- Vinyl
Parking
- 2 Parking Spaces
- Open Parking
Utilities
- Baseboard Heating
- Cable TV Available
Community Details
- No Home Owners Association
- Eastside Olympia Subdivision
Listing and Financial Details
- Assessor Parcel Number 78700700500
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,054 | $416,500 | $178,500 | $238,000 |
| 2023 | $4,054 | $387,400 | $143,000 | $244,400 |
| 2022 | $3,881 | $377,600 | $118,300 | $259,300 |
| 2021 | $3,463 | $324,600 | $102,600 | $222,000 |
| 2020 | $3,231 | $268,000 | $87,100 | $180,900 |
| 2019 | $2,943 | $243,900 | $70,600 | $173,300 |
| 2018 | $2,869 | $212,900 | $62,500 | $150,400 |
| 2017 | $2,435 | $194,600 | $75,800 | $118,800 |
| 2016 | $2,153 | $186,000 | $63,100 | $122,900 |
| 2014 | -- | $171,900 | $63,100 | $108,800 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2025 09/12/25 | Pending | -- | -- | -- |
| 06/04/2025 06/04/25 | Price Changed | $575,000 | -8.0% | $366 / Sq Ft |
| 05/15/2025 05/15/25 | For Sale | $625,000 | -- | $398 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Personal Reps Deed | -- | None Listed On Document |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2375449
APN: 78700700500
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Based on information submitted to the MLS GRID
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