$575,000
Est. $2,932/mo1806 4th Avenue E, Olympia, WA 98506
• Listed 2026-07-18•8 days on market
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Based on information submitted to the MLS GRID as of July 20, 2026 at 10:21am (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.
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Exceptional Mixed-Use Opportunity in Olympia's Desirable Eastside with 2 property addresses and power meters allowing numerous opportunities for this one of a kind property. Owner financing! Discover a rare property featuring two separate buildings with individual addresses on a 7,000-square-foot lot, offering outstanding flexibility for owner-users, investors, or entrepreneurs. The front building is an attractive, approximately 900-square-foot Craftsman-style office that was extensively updated around 1995 with new electrical, plumbing, and HVAC. A full basement provides valuable storage or additional workspace while preserving the building's classic character. Built in 2001, the rear building combines approximately 850 square feet of living space with a spacious 22' x 25' garage/warehouse featuring 12-foot ceilings and an oversized 11' high by 12' wide overhead door. Ideal for contractors, hobbyists, small businesses, or secure RV and equipment storage, the versatile shop space is a standout feature. The dual-building layout creates endless possibilities, including a live/work setup, professional office with warehouse, rental income, or investment opportunity. Conveniently located just minutes from downtown Olympia, the Capitol Campus, I-5, shopping, dining, and waterfront amenities, this is a truly unique property with exceptional versatility. Opportunities like this are rarely available—don't miss your chance to own one of Olympia's most distinctive mixed-use properties.
Listed by Paul W Valentine • Hayden Outdoors LLC
Listing updated: July 20, 2026 at 10:21am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2556969
$564,000
-$11,000 under list price
Nearby comparable homes
RexMont uses 2 strongest recent nearby sales, priced between $350K and $373K.
Rental earnings
$1,700/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$372,500Last sold price
1236 Frederick Lane Ne, Olympia, WA 98506

$350,000Last sold price
4715 Ne Boston Harbor Road, Olympia, WA 98506
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.
1806 4th Avenue E, Olympia, WA 98506
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
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$3,558 per month
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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 12 days.
$690,000 Sold
3 months ago
4 bd•2 ba•~2,287 sq ft•Single Family
1902 Ethridge Avenue Ne, Olympia, WA 98506
2%
Over list
—
Days on market
1.0 mi
Distance
$615,000 Sold
3 months ago
5 bd•2 ba•~3,855 sq ft•Single Family
905 Quince Street Ne, Olympia, WA 98506
3%
Over list
—
Days on market
0.7 mi
Distance
$365,000 Sold
4 months ago
3 bd•1 ba•~1,344 sq ft•Single Family
1832 Fairview Street Ne, Olympia, WA 98506
0%
Over list
—
Days on market
1.0 mi
Distance
$415,000 Sold
6 months ago
2 bd•1 ba•~892 sq ft•Single Family
821 Roosevelt Street Ne, Olympia, WA 98506
2%
Under list
—
Days on market
0.4 mi
Distance
$482,000 Sold
6 months ago
3 bd•1 ba•~1,554 sq ft•Single Family
1815 Ann Street Ne, Olympia, WA 98506
1%
Over list
—
Days on market
1.0 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 Jul 2026
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.