$435,000
Est. $2,204/mo2 bd•1 ba•1,305 sq ft
505 Frederick Street Ne, Olympia, WA 98506
• Listed 2026-06-04•8 days on market
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 5, 2026 at 05:04am (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.
Talk to a local RexMont expert
Avg response under 5 mins
Charming East Olympia cottage blending classic character with thoughtful updates in an exceptionally convenient location! This 2-bedroom, 1-bath home with a finished basement offers comfortable living spaces filled with natural light thanks to large windows throughout. Beautiful hardwood floors add warmth and timeless appeal, while the cozy gas fireplace in the living room creates the perfect gathering space year-round.The kitchen and dining area are bright and the covered porch in the front is a perfect spot for beverages. The BRAND NEW sliding glass door (2026) opens to an inviting outdoor retreat designed for entertaining. The fully fenced backyard features charming landscaping, historic mature rhododendrons & plenty of room to relax, garden, or host . Major updates provide peace of mind, including a BRAND NEW SEPTIC TANK (May 2026), NEW ROOF (2025), NEW SIDING (2023) & exterior PAINT (2024), updated interior paint within the past few years, replacement windows and newer sheetrock in the basement. Spacious one car garage & driveway parking! Ideally situated in a peaceful, established neighborhood with no HOA, this home offers easy access to downtown Olympia, public transit, I-5, and everyday conveniences. Enjoy being within walking distance of local bakeries, cafes, restaurants, and grocery stores while still enjoying the quiet charm of a well-established community. Move-in ready and full of character, this East Olympia gem is one you won't want to miss.
Listed by Kavita M Kamat • RE/MAX Parkside Affiliates
Listing updated: June 5, 2026 at 05:04am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2533115
Open houses
2 dates$458,000
+$23,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $440K and $550K.
Rental earnings
$1,375/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$468,000Last sold price
2024 12th Avenue Ne, Olympia, WA 98506
$512,000Last sold price
408 Central Street Ne, Olympia, WA 98506
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.
505 Frederick Street Ne, Olympia, WA 98506
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.
$2,668 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%.
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
More homes in this area that match your range.
$485,000
813 Mccormick Street Se, Olympia, WA 98501
Kevin Lynch · Olympic Sotheby's Int'l Realty
$500,000
1124 Pear Street Ne, Olympia, WA 98506
Darcy Eggeman · Better Properties - Metro
$459,950
1833 Eastside Street Se, Olympia, WA 98501
Michelle Le · Ace Development LLC
$349,950
3424 26th Avenue Ne, Olympia, WA 98506
Alexander Bradshaw · Inspire Realty
$459,000
1911 Columbia Street Sw, Olympia, WA 98501
Madison Del Vigo · Coldwell Banker Evergreen
$449,000
1910 Evergreen Park Drive Sw #903, Olympia, WA 98502
Katelynn Rajcich · City Realty Inc.
$499,000
2020 Sable Lane Ne, Olympia, WA 98506
Janie Weller · Realty One Group Bold
$480,000
1812 Humphrey Street Se, Olympia, WA 98501
Hannah Carpenter · PCS Home Group
$485,000
324 18th Avenue Se, Olympia, WA 98501
Bruce Batson · Coldwell Banker Evergreen
$475,000
1910 Evergreen Park Drive Sw #1004, Olympia, WA 98502
Alexis Martz · TRELORA Realty, Inc.
$540,000
2027 Stillwater Avenue Nw, Olympia, WA 98502
Tonya M. Hennen · Windermere Real Estate Olympia
$440,000
2325 Jackson Avenue Nw, Olympia, WA 98502
Cherie D. McNeal · Coldwell Banker Evergreen
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 4 days.
$365,000 Sold
2 months ago
3 bd•1 ba•~1,344 sq ft•Single Family
1832 Fairview Street Ne, Olympia, WA 98506
0%
Over list
—
Days on market
0.8 mi
Distance
$475,000 Sold
5 months ago
•Single Family
2429 Mitchell Avenue Ne, Olympia, WA 98506
5%
Under list
—
Days on market
0.3 mi
Distance
$280,000 Sold
5 months ago
4 bd•1 ba•~1,901 sq ft•Single Family
909 Fir Street Ne, Olympia, WA 98506
10%
Under list
—
Days on market
0.3 mi
Distance
$564,237 Sold
5 months ago
4 bd•1.5 ba•~2,378 sq ft•Single Family
2907 6th Avenue Ne #02, Olympia, WA 98506
3%
Over list
—
Days on market
0.7 mi
Distance
$435,000 Sold
5 months ago
3 bd•1.5 ba•~1,056 sq ft•Single Family
1133 Marion Street Ne, Olympia, WA 98506
2%
Over list
—
Days on market
0.6 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.
