Listing provided courtesy of Keller Williams Rty TacomaNWMLSas Distributed by MLSGrid- MLS# NWM2545983MLS Provider

8111 58th Avenue SEOlympia, WA 98513

Multi-Family · 4 Beds · 2,550 Sq. ft. | 0.43 Acres
$634,950 Active

8111 58th Avenue SE Overview

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Great investment opportunity! Nestled among a grove of mature trees for exceptional privacy, this well-maintained 2,550 sq ft duplex offers the perfect blend of peaceful living and income potential with scenic views of Pattison Lake. Each spacious unit features 1,275 sqft of comfortable living space with 2 bedrooms, 2 bathrooms, vaulted ceilings, central heat, and an attached one-car garage. Enjoy the beauty of lake living with public access just down the street and a nearby boat launch, making it easy to spend your days fishing, kayaking, or enjoying the water. Tucked away in a quiet neighborhood, this property offers a peaceful retreat while still being conveniently close to schools, shopping, restaurants, and everyday amenities. Whether you're looking to expand your portfolio or invest in a property with strong long-term potential, this duplex offers a rare combination of privacy, location, and lifestyle.

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8111 58th Avenue SE Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,550
  • Price/Sq.ft. $249
  • Lot 0.43 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: North Thurston
  • Elementary School: Woodland Elem
  • Middle Or Junior School: Nisqually Mid
  • High School: Timberline High

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 44100
  • Insurance Expense: 1111
  • Net Operating Income: 33486
  • Total Expenses: 8409.05
  • Total Monthly Income: 3675
  • Water/Sewer/Garbage: 0

Building Information

  • New Construction: No
  • Year Built: 1976

Location/Region

  • Country: US
  • County Or Parish: Thurston
  • MLS Area Major: 452 - Thurston Se
  • Subdivision Name: Pattison Lake

Tax Information

  • Tax Annual Amount: $7,298.05
  • Tax Year: 2026

General Information

  • Listing Terms: Cash, Conventional, FHA, VA Loan
  • Parcel Number: 11702120507
  • Property Condition: Good
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 2

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 2550
  • Building Area Units: Square Feet
  • Calculated Square Footage: 2550
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Ceramic Tile, Laminate, Vinyl Plank, Carpet
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Leasable Area: 2550
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric,Natural Gas
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 4
  • Parking Uncovered Total: 2

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Dead End Street, Paved
  • Lot Size Acres: 0.43
  • Lot Size Square Feet: 18731
  • Lot Size Units: Square Feet
  • Site Features: Cable TV, Deck, Gas Available, High Speed Internet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Duplex

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 2
  • Exterior Features: Wood, Wood Products
  • Number Of Units Total: 2
  • Sewer: Septic Tank

Unit Information

Unit 2 Details

  • Actual Rent: 1800
  • Beds Total: 2
  • Baths Total: 2

Unit 1 Details

  • Actual Rent: 1875
  • Beds Total: 2
  • Baths Total: 2

8111 58th Avenue SE Neighborhood

Community

98513 (Lacey) Demographics

37
Median Age
604
Population Density (per sq. mile)
45%
College Educated
$87,145
Estimated Median Income
9,899
Estimated Total Home Owners
3,562
Estimated Total Renters
74% / 26%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

8111 58th Avenue SE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

8111 58th Avenue SE Market Data

Based on the last 30 days in this zip code

$571,135
Average List Price
$310
Average Price per Square Foot
42
Properties Sold
79
Average Days on Market
241
Properties for Sale
Calculations provided by Reliance Network

8111 58th Avenue SE History

Date Event Value Agent
6/25/2026Source: NWMLS Added to Database
June 25, 2026