1124 Pear Street Ne

Olympia, WA
$ 480,000 Beds 2 Baths 1 Sq 901
Monthly Estimate* How much can I afford?

Investor Alert: Rare Dual-Lot Opportunity! Unlock the potential of this 2 bed / 1 bath home with 2 separate parcels totaling just under ½ acre in R6-12 zoning! Located near San Fran bakery and offering a peek-a-boo view of the sound, this property is bursting with possibilities. The home features a 2-car garage AND a dedicated RV garage, and the extra lot offers flexibility for expansion, development, or garden oasis. Bonus: Sewer connection already in place between both parcels! Whether you're looking to develop multifamily housing, build a second home, or simply enjoy a generous garden space, this is the property you’ve been waiting for. Imagine the possibilities – act fast, this won't last!

Active

  • Price
  • $ 480,000
  • City
  • Olympia
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • THURSTON
  • Half Bathrooms
  • 0
  • Area
  • Olympia North
  • Lot Size
  • 0.4512 Acres
  • Zip
  • 98506
  • Sqr Footage
  • 901
  • Year Built
  • 1938
  • Taxes
  • $ 3575
  • Style
  • 1 Story
  • MLS#
  • 2431858
Listed By: Better Properties - Metro and NWMLS
Data Source: Northwest Multiple Listing Service (NWMLS)

Features

General

Living Area 901
Sewer Available,Septic Tank
Heating Baseboard,Radiant
Cooling None
Possession Closing,Negotiable
Roof Composition,Metal
Appliances Dishwasher,Refrigerator,Stove(s)/Range(s)
Security Features Partially Fenced
Year Built 1938
View Partial,Sound
Topography Partial Slope,Terraces
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Thurston
New Construction No
Property Type Residential
HOA No
Attached Garage No
Subdivision Name Eastside Olympia
Garage Y/N Yes
Special Listing Conditions None
Status Active
Directions State or 4th to Puget St NE - go north to Pine Ave NE,turn left. Turns into Pear at the end - go right. Lot and Home on right!
High School Olympia High
City Olympia
Senior Community Y/N No
High School District Olympia
MLS Area 447 - Olympia North
Lot Size Units Square Feet
Lot Size Square Feet 19654
Carport Y/N Yes
Listing Terms Cash,Conventional
Elementary School Roosevelt Elementary
Land Lease Y/N No
Tax Annual Amount 3575
Middle/Junior High School Reeves Mid
Property Condition Fair
Public Remarks Investor Alert: Rare Dual-Lot Opportunity! Unlock the potential of this 2 bed / 1 bath home with 2 separate parcels totaling just under acre in R6-12 zoning! Located near San Fran bakery and offerin
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company City of Olympia
Property Style 10 - 1 Story
NWM_ShowMapLink Yes

Interior Features

Interior Amenities Dbl Pane/Storm Window,Dining Room
Basement None
Flooring Vinyl
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
3/4 Baths 1
Total Bedrooms 2
Main Level Bedrooms 2
Total Baths 1
Bedrooms Possible 2
Power Production Type Electric,Natural Gas
Baths Three Quarter Main 1
Bathrooms 0.75

Exterior Features

Exterior Amenities Wood,Wood Products
Vegetation Brush,Garden Space
Parking Features Detached Carport,Driveway,Detached Garage,Off Street,RV Parking
Lot Features Dead End Street,Paved
Water Source Public
Inclusions Dishwasher(s),Refrigerator(s),Stove(s)/Range(s)
Foundation Details Block
Building Area Total 901
Lot Size Acres 0.4512
Waterfront Y/N No
Covered Spaces 4
Irrigation Water Rights Y/N No
Site Features Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Outbuildings,Patio,RV Parking,Shop

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Vancouver, WA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Roosevelt Elementary
Middle School Reeves Mid
High School Olympia High

Price History

9/11/2025 Listed $500,000
9/4/2026 4% - $480,000

Property vs Zip Code Average in 98506

Price
AVG $740K
$480K
Taxes
AVG $7,305
$3,575
Year Built
AVG 1987
1938
Visits
AVG 249
990
Data Provided by Inside Real Estate®

Areas That We Cover

1124 Pear Street Ne Olympia, WA is a Single Family Home for sale at $480000 with 901 sqft and a lot size of 0.4512 Acres Acre(s). 1124 Pear Street Ne Olympia has 2 bedrooms, 1 baths and was built in 1938. The property's zip code is 98506 which is in Olympia, WA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.