505 Frederick Street NE, Olympia, WA 98506 | MLS #NWM2533115 | Berkshire Hathaway HomeServices Northwest Real Estate  
 
Listing provided courtesy of RE/MAX Parkside AffiliatesNWMLSas Distributed by MLSGrid- MLS# NWM2533115MLS Provider

505 Frederick Street NEOlympia, WA 98506

Single Family · 2 Beds · 1 Full Bath · 1,305 Sq. ft. | 0.16 Acres
$435,000 Active

505 Frederick Street NE Overview

Visits:
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Charming East Olympia cottage blending classic character with thoughtful updates in an exceptionally convenient location! This 2-bedroom, 1-bath home with a finished basement offers comfortable living spaces filled with natural light thanks to large windows throughout. Beautiful hardwood floors add warmth and timeless appeal, while the cozy gas fireplace in the living room creates the perfect gathering space year-round.The kitchen and dining area are bright and the covered porch in the front is a perfect spot for beverages. The BRAND NEW sliding glass door (2026) opens to an inviting outdoor retreat designed for entertaining. The fully fenced backyard features charming landscaping, historic mature rhododendrons & plenty of room to relax, garden, or host . Major updates provide peace of mind, including a BRAND NEW SEPTIC TANK (May 2026), NEW ROOF (2025), NEW SIDING (2023) & exterior PAINT (2024), updated interior paint within the past few years, replacement windows and newer sheetrock in the basement. Spacious one car garage & driveway parking! Ideally situated in a peaceful, established neighborhood with no HOA, this home offers easy access to downtown Olympia, public transit, I-5, and everyday conveniences. Enjoy being within walking distance of local bakeries, cafes, restaurants, and grocery stores while still enjoying the quiet charm of a well-established community. Move-in ready and full of character, this East Olympia gem is one you won't want to miss.

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505 Frederick Street NE Facts & Features

  • Type Single Family
  • Sq. ft. 1,305
  • Price/Sq.ft. $333
  • Lot 0.16 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Olympia
  • Elementary School: Roosevelt Elementary
  • Middle Or Junior School: Reeves Mid
  • High School: Olympia High

Building Information

  • New Construction: No
  • Year Built: 1949

Location/Region

  • Country: US
  • County Or Parish: Thurston
  • MLS Area Major: 447 - Olympia North
  • Subdivision Name: Eastside Olympia

Rent/Lease Information

  • Land Lease: No

Tax Information

  • Tax Annual Amount: $4,262.00
  • Tax Year: 2026

General Information

  • Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Listing Terms: Cash, Conventional, VA Loan
  • Parcel Number: 46000300300
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Building Information

  • Building Information: Built On Lot

Parking Information

  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 2
  • Bedrooms Lower: 0
  • Bedrooms Possible: 3
  • Bedrooms Upper: 0

Building Interior

  • Appliances Included: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Building Area Total: 1305
  • Building Area Units: Square Feet
  • Calculated Square Footage: 1305
  • Square Footage Finished: 1305
  • Square Footage Unfinished: 0

General Information

  • Appliances: Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer
  • Basement: Daylight, Finished
  • Cooling: Yes
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Concrete, Hardwood, Vinyl
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Interior Features: Dbl Pane/Storm Window, Fireplace, Water Heater
  • Levels: One
  • Living Area: 1305
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Power Production Type: Electric,Natural Gas
  • Security Features: Fully Fenced

Exterior

Parking Information

  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Off Street
  • Parking Total: 1

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Paved
  • Lot Size Acres: 0.1594
  • Lot Size Square Feet: 6944
  • Lot Size Units: Square Feet
  • Site Features: Cable TV, Fenced-Fully, Gas Available, High Speed Internet, Patio
  • Vegetation: Fruit Trees,Garden Space
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: Yes
  • Roof: Composition
  • Structure Type: House

General Information

  • Carport: No
  • Covered Spaces: 1
  • Exterior Features: Wood, Wood Products
  • Sewer: Septic Tank

Room Information

Room: Utility Room

  • Level: Garage

Room: Extra Fin Room

  • Level: Lower

Room: Bathroom Full

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Dining Room

  • Level: Main

Room: Entry Hall

  • Level: Main

Room: Kitchen With Eating Space

  • Level: Main

Room: Living Room

  • Level: Main

Room: Primary Bedroom

  • Level: Main

505 Frederick Street NE Neighborhood

Community

98506 (OLYMPIA) Demographics

47
Median Age
610
Population Density (per sq. mile)
56%
College Educated
$76,835
Estimated Median Income
5,668
Estimated Total Home Owners
2,775
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
2
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.

505 Frederick Street NE 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.

505 Frederick Street NE Market Data

Based on the last 30 days in this zip code

$633,818
Average List Price
$290
Average Price per Square Foot
31
Properties Sold
76
Average Days on Market
87
Properties for Sale
Calculations provided by Reliance Network

505 Frederick Street NE History

Date Event Value Agent
6/4/2026Source: NWMLS Added to Database
June 04, 2026
6/20/2022Source: NWMLS Added to Database
June 01, 2021
6/20/2022Source: NWMLS Added to Database
June 01, 2021