$636,000
Listed at $649,0004 bd•2.75 ba•1,902 sq ft
507 Kaiser Road Nw #a, Olympia, WA 98502
• Listed 2025-06-20
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3 units, 2 houses, 1 lot! All 3 units operate as successful short term rentals. First house is 2 bedrooms divided into 2 units. Unit A has 1 bedroom, full bath & large kitchen w/door that opens to the expansive over 1/2 acre woodsy yard. A Dutch door opens to the attached carport. Unit B is a clever conversion: the primary suite has been transformed into a studio apartment complete w/3/4 bath, fully functioning kitchen & exterior door. The door that links the studio to the rest of the house has been sealed & could easily be dismantled. The 2nd house is unit C, a 2 story house w/2 bedrooms, full bath, charming loft & a flex room! Unit C houses a shared laundry room off the porch. These houses are a great place to live &/or generate income.
Listed by Gretchen Nogler • Better Properties N. Proctor
Listing updated: November 8, 2025 at 04:04am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2396544
Neighborhood mobility
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
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 17 days.
$599,950 Sold
1 week ago
5 bd•2.75 ba•~2,565 sq ft•Single Family
232 Serene View (lot 63) Place Nw, Olympia, WA 98502
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0.3 mi
Distance
$600,810 Sold
1 week ago
4 bd•2.25 ba•~2,070 sq ft•Single Family
401 Sunbeam (lot 21) Street Nw, Olympia, WA 98502
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0.3 mi
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$642,715 Sold
1 week ago
4 bd•2.25 ba•~2,070 sq ft•Single Family
4803 4th (lot 41) Avenue Nw, Olympia, WA 98502
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0.3 mi
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$796,848 Sold
1 week ago
5 bd•3 ba•~2,745 sq ft•Single Family
235 Sunbeam (lot 64) Street Nw, Olympia, WA 98502
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Days on market
0.3 mi
Distance
$607,246 Sold
1 week ago
4 bd•2.25 ba•~2,330 sq ft•Single Family
4815 4th (lot 19) Avenue Nw, Olympia, WA 98502
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Days on market
0.3 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 Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of November 8, 2025 at 04:04am (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.
$635,000
-$1,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $494K and $636K.
Rental earnings
$1,900/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$636,000Last sold price
507 Kaiser Road Nw #a, Olympia, WA 98502

$540,000Last sold price
511 Grass Lake Street Nw, Olympia, WA 98502
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.
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