$850,000
Est. $4,307/mo3145 5th Avenue Nw, Olympia, WA 98502
• Listed 2026-04-26•29 days on market
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Solid investment opportunity in West Olympia! This fully occupied duplex features two spacious 3BD/2.5BA units with strong rental income. Solid 4.12% cap rate makes this an attractive addition to any investment portfolio. Both units tenant occupied — please do not disturb tenants. Showings following accepted offer.
Open houses
No upcoming open houses scheduled for this property.
$595,000
-$255,000 under list price
Nearby comparable homes
RexMont uses 3 strongest recent nearby sales, priced between $540K and $719K.
Rental earnings
$1,775/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$540,000Last sold price
5025 Mud Bay Road Nw, Olympia, WA 98502
$595,000Last sold price
3223 Aspinwall Road Nw, Olympia, WA 98502
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.
3145 5th Avenue Nw, Olympia, WA 98502
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.
Neighborhood mobility
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$8,627 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of May 15, 2026 at 01:40pm (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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Listed by Angad Mahal • Pacific Residential Brokers
Listing updated: May 15, 2026 at 01:40pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2513663
Olympia is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: Sale-vs-list ratio data not available for this area.
Time on market: The average home goes pending in around 10 days.
$665,267 Sold
5 weeks ago
3 bd•1.5 ba•~2,230 sq ft•Single Family
4806 3rd (lot 11) Avenue Nw, Olympia, WA 98502
0%
Over list
—
Days on market
0.8 mi
Distance
$425,000 Sold
4 months ago
2 bd•1 ba•~1,293 sq ft•Single Family
415 Yauger Way Nw, Olympia, WA 98502
0%
Over list
—
Days on market
0.1 mi
Distance
$610,000 Sold
5 months ago
3 bd•2 ba•~1,801 sq ft•Single Family
1201 Tabitha Court Nw, Olympia, WA 98502
2%
Under list
—
Days on market
0.6 mi
Distance
$560,000 Sold
6 months ago
3 bd•2.5 ba•~2,249 sq ft•Single Family
4209 3rd Avenue Nw, Olympia, WA 98502
1%
Under list
—
Days on market
0.3 mi
Distance
$409,900 Sold
6 months ago
3 bd•1 ba•~950 sq ft•Single Family
812 Dundee Road Nw, Olympia, WA 98502
0%
Over list
—
Days on market
0.8 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
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
