1823 Karen Frazier Road SE, Olympia, WA 98501 (MLS # 2528804)
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Listing provided courtesy of Northwest MLS; Blue Summit Realty LLC
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Like new investment opportunity in the heart of Olympia. This duplex style home features a 3 bedroom, 2.5 bath main home with an attached 2 bedroom, 1 bath ADU. Both homes features solid surface flooring throughout, granite counters throughout, stainless appliances, high efficiency mini split heat pump systems with air conditioning, and energy efficient insulation and lighting packages. Built in 2022 and exceptionally maintained. Long term leases in place and a great cap rate with room for continued growth. Exterior features custom accents and fenced rear yards. Close to all amenities and freeway access, with top rated Olympia schools nearby.
| LAST UPDATED | 5/23/2026 | TRACT | Olympia |
|---|---|---|---|
| YEAR BUILT | 2022 | COMMUNITY | Olympia |
| GARAGE SPACES | 2.0 | COUNTY | Thurston |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Ductless |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 448 - Olympia South |
| CONSTRUCTION | Wood Siding |
| GARAGE | Yes |
| HEAT | Ductless , Electric, Wall Furnace |
| LOT | 5149 sq ft |
| LOT DESCRIPTION | Curbs, Paved, Sidewalk |
| MLS STATUS | Active |
| STORIES | 2 |
| STYLE | 52 - Duplex |
| SUBDIVISION | Olympia |
| TAXES | 7661 |
| UTILITIES | Cable Available, Sewer Connected |
| ZONING | Residential |
| SATELLITE VIEW |
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Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/23/26 3:35 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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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