$359,000
Est. $1,819/mo3 bd•1 ba•1,200 sq ft
408 7th Avenue Se, Olympia, WA 98501
• Listed 2026-04-10•4 days on market
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Based on information submitted to the MLS GRID as of June 9, 2026 at 10:27am (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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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 is a licensed broker in the State of WA. Zoned Downtown Commercial.
Listed by Jessica C Liederbach • RE/MAX Advantage
Listing updated: June 9, 2026 at 10:27am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2505659
Open houses
No upcoming open houses scheduled for this property.
$430,000
+$71,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $335K and $515K.
Rental earnings
$1,300/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$515,000Last sold price
118 17 Avenue Se, Olympia, WA 98501
$415,000Last sold price
1808 Se Eastside Street, Olympia, WA 98501
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
408 7th Avenue Se, Olympia, WA 98501
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
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Olympia is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 8 days.
$650,000 Sold
2 days ago
•Single Family
1100 Eastside Street Se #7, Olympia, WA 98501
7%
Under list
—
Days on market
0.6 mi
Distance
$399,900 Sold
3 months ago
2 bd•1 ba•~1,360 sq ft•Single Family
1717 14th Avenue Se, Olympia, WA 98501
0%
Over list
—
Days on market
1.0 mi
Distance
$287,500 Sold
4 months ago
2 bd•1 ba•~846 sq ft•Single Family
1001 Legion Way Se, Olympia, WA 98501
4%
Under list
—
Days on market
0.4 mi
Distance
$1,028,500 Sold
5 months ago
4 bd•2.5 ba•~3,011 sq ft•Single Family
203 17th Avenue Sw, Olympia, WA 98501
11%
Under list
—
Days on market
0.7 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
Olympia School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
