Sold150d on market
5649 45Th Avenue SE
Olympia, WA, 98503 • 98503 • Thurston County
$629,900
$267/sqft
6Beds
4Baths
2,360Sqft
0.38 acLot
1977Built
Property DNA
Lacey
98503
This home is getting attention
Listed 150 days ago · 5 views
Market activity
Demand and pricing signals for this listing
5 views
People checking out this listing
150 days on market
Established listing
$267/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 40% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1977
Welcome to a unique and lucrative opportunity for investors, developers, or owner-occupants seeking strong cash flow potential and future development upside. This remodeled duplex sits on a generous .38 acre lot, offering both turn-key living and the ability to expand and maximize value. With a use code that allows for 2-4 units and an 18 bedroom septic, this property presents the rare chance to earn immediate rental income while planning your next high-return investment move. Each side of the stylish and spacious duplex has been remodeled to deliver modern comfort and timeless appeal. Both Unit A and Unit B feature 3 bedrooms and 1.5 bathrooms, offering functional layouts ideal for tenants or owner-users. Owner is a licensed agent.
Standout features identified
Our analysis highlights remodeled duplex, modern comfort, and timeless appeal as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,920/month
Principal & Interest$3,080
Property Tax$630
Insurance$210
Down payment20% ($125,980)
3%50%
Est. 6.18% rate · 30yr fixed · $503,920 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1977
HeatingBaseboard, Ductless, Electric
CoolingDuctless
Parking2 Covered Parking spaces
Property
Home typeMulti Family
Sub-typeMulti Family
ConditionUpdated/Remodeled
Year built1977
Systems
HeatingBaseboard, Ductless, Electric
CoolingDuctless
RoofComposition
ConstructionWood Products
Water / SewerPublic, Company: City of Lacey / Septic Tank
Parking & Outdoor
ParkingOpen
Lot0.38 Acres
Location & Tax
Neighborhood98503
Annual tax$5,234
Parcel11833130203
Features & details
7 categories of property features
Interior Features
Flooring
Laminate
Vinyl
Carpet
Heating
Baseboard
Ductless
Electric
Cooling
Ductless
Exterior Features
Parking
Open
Construction
Wood Products
Lot Features
Corner Lot
Cul-De-Sac
Dead End Street
Fenced-Partially
High Speed Internet
Outbuildings
Patio
Utilities
Xfinity
Xfinity
Listing insights
Market data and value estimates
StatusSold
Days on market150
Est. value$624,600
Est. rent$1,789/mo
Tax rate0.81%
Price/sqft$267
On marketSep 19, 2025
PostedJul 17, 2025
Last sold$629,900
MLS statusSold
MLS updatedDec 8, 2025
Tour days6
Views5
How are the schools in Olympia?
3 schools rated nearby
Location
Olympia, WA, 98503
Price history
5 events
DateEventPrice$/sqftSource
Nov 7, 2025Sold$629,900$267NWMLS as distributed by MLS GRID
Oct 6, 2025Pending Sale$629,900$267NWMLS as distributed by MLS GRID
Jul 17, 2025Listed For Sale$629,900$267NWMLS as distributed by MLS GRID
Oct 21, 2024Sold$575,000$244Public Record
May 13, 1996Sold$119,500$51Public Record
Sold$629,900
Nov 7, 2025•$267/sqft•NWMLS as distributed by MLS GRID
Pending Sale$629,900
Oct 6, 2025•$267/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$629,900
Jul 17, 2025•$267/sqft•NWMLS as distributed by MLS GRID
Sold$575,000
Oct 21, 2024•$244/sqft•Public Record
Sold$119,500
May 13, 1996•$51/sqft•Public Record
Tax history
23 years of records
YearTax paidAssessed value
Apr 7, 2024$5,234$503,800
Apr 7, 2023$5,004$523,400
Apr 7, 2022$3,814$400,500
Apr 7, 2021$3,683$316,400
Apr 7, 2020$3,551$284,200
Apr 7, 2019$2,756$280,500
Apr 7, 2018$3,107$251,900
Apr 7, 2017$1,979$198,100
Apr 7, 2016$1,979$163,050
Apr 7, 2014$1,979$151,150
Apr 7, 2013—$147,550
Apr 7, 2012$1,841—
Apr 7, 2011——
Apr 7, 2010——
Apr 7, 2009$2,544—
Apr 7, 2008——
Apr 7, 2007$2,499—
Apr 7, 2006$3,567—
Apr 7, 2005$2,266—
Apr 7, 2004——
Apr 7, 2002——
Apr 7, 2001$1,656$109,300
Apr 7, 2000$1,722$109,300
Nearby homes
Neighborhood details
Local context around this listing
Olympia, WA • Thurston County
Nearby cities
BucodaCentraliaLaceyNisqually Indian CommunityOlympiaRainierRochesterTenino
Nearby zip codes
98503985099851398516
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 05:53:26 PDT. 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. [Click here for more information](/mls-disclaimers/#39)
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