1438 Fones Rd SE, Unit A&B


















Description
- Listed by Sateesh Kanchukatla • Kelly Right RE of Seattle LLCP: (206)-525-5235 satish.kanchukatla@gmail.com
Property Details for 1438 Fones Road Southeast, Unit A&B
Property Details for 1438 Fones Road Southeast, Unit A&B
| Status | Active |
|---|---|
| MLS # | 2548425 |
| Days on Market | 3 |
| Cumulative Days on Market | 58 |
| Taxes | $6,996 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1955 |
| Lot Size | 0.35 AC / 15,268 SF |
| County | Thurston County |
Location

Building Information for 1438 Fones Road Southeast, Unit A&B
Payment Calculator
$3,947 per month
30 year fixed, 6.36% Interest
$3,364
$583
$0
Property Information for 1438 Fones Road Southeast, Unit A&B
- Style: 52 - Duplex
- Area: 448 - Olympia South
- Elementary School: Buyer To Verify
- Middle Or Junior School: Buyer To Verify
- High School: Buyer To Verify
- Effective Year Built Source: Public Records
- Directions: Take exit 107 from I-5 and Turn onto Pacific Ave SE and Turn right onto Fones Rd SE
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
- Tax Year: 2025
- Garage Spaces: 2.0
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking: No
- Full Baths Upper: 0
- Three Quarter Baths Upper: 0
- Half Baths Upper: 0
- Main Level Bathrooms: 0
- Bedrooms Upper: 0
- Fireplaces Total: 0
- Floor Covering: Laminate, Carpet
- Amenities: Thermal Windows
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Baseboard
- Exterior: Brick, Wood, Wood Products
- Roof: Composition
- Water Source: Public
- Water/Sewer/Garbage: 2800
- Power Company: PSE
- Sewer Company: City of Olympia
- Water Company: City Of Olympia
- Power Production Type: Electric
- New Construction YN: No
- Construction Methods: Standard Frame
- MLS Square Footage Source: County
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1987
- Photos Count: 18
- Lot Details: Corner Lot
- Lot Size Source: County
- Parcel Number Free Text: 11819140300
- Calculated Square Footage: 2383
- Structure Type: Duplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 2383.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
- Green Energy Efficient: Thermal Windows
- Total Uncovered Parking: 2
- Number of Stories in Building: 1
- Unit Number: A&B
- Vacancy Rate: 5
- Number Of Units Total: 2
- Units Below Grade: false
- Units In Building Total: 2
- Electric Expense: $0
- Total Expenses: 11746
- Gross Adjusted Income: 51100
- Gross Rent Multiplier: 13
- Gross Scheduled Income: $50,600
- Insurance Expense: $1,200
- Net Operating Income: $38,853
- Other Expenses: $750
- Total Monthly Income: 4120
- Fuel Expense: $0
- Name Unit 1: A
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 780
- Rent Unit 1: $1,950.00
- Bedrooms Unit 1: 2
- Fireplaces Unit 1: 0
- Bathrooms Unit 1: 1
- Name Unit 2: B
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 1603
- Rent Unit 2: $2,270.00
- Bedrooms Unit 2: 3
- Fireplaces Unit 2: 1
- Bathrooms Unit 2: 2
- Occupant Type: Tenant
- Leasable Area: 2383.0
Property History for 1438 Fones Road Southeast, Unit A&B
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jul 1, 2026 | Listed (Active) NWMLS #2548425 | $675,000 | — |
| Jun 20, 2025 | Sold NWMLS #2321579 | $600,000 | — |
| May 5, 2025 | Pending NWMLS #2321579 | — | |
| Jan 11, 2025 | Listed (Active) NWMLS #2321579 | $649,900 | — |
| Date | Event & Source | Price |
|---|---|---|
| 07/01/2026 | Listed (Active) NWMLS #2548425 | $675,000 |
| 06/20/2025 | Sold NWMLS #2321579 | $600,000 |
| 05/05/2025 | Pending NWMLS #2321579 | — |
| 01/11/2025 | Listed (Active) NWMLS #2321579 | $649,900 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Schools near 1438 Fones Road Southeast, Unit A&B
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Pleasant Glade Elementary School PublicPK to 5 | ||
Chinook Middle School Public6 to 8 | ||
North Thurston High School Public9 to 12 | ||
Salish Middle School Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Kelly Right RE of Seattle LLC
Based on information submitted to the MLS GRID as of 07/01/2026 11:58 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.



















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