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Olympia, WA Multifamily Homes & Duplexes for Sale

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  • /40

    $875,000

    • 4 Beds
    • 2 Baths
    • 2,628 Sq Ft

    731 4th Ave W, Olympia, WA 98502

    This location is unreal!!! Very close walking distance to downtown with shopping, restaurants, boardwalk etc. Breathtaking views of the Capital building and Capital Lake. Each unit is very well maintained, and both are currently being rented. There are so many different options here. Would make fantastic long term or short term rental. High demand area for travelling nurses and government

    Karin Vartia Keller Williams South Sound

    731 4th Ave W, Olympia, WA 98502
  • /11

    $599,999

    • 4 Beds
    • 6 Baths
    • 2,520 Sq Ft

    3114 26th Ave NE Unit A&B, Olympia, WA 98506

    Incredible Mid-Century style duplex nestled in the tranquil South Bay area 2 bedrooms 1.75 bath spacious and functional layouts. Perfect for investors seeking steady rental income. Each unit with 2 car garage and one with oversized shop. Private septic and well efficient utilities for lower operating costs. Plenty of outdoor space for gardening, pets (even chickens) or entertaining. RV Parking.

    Kelli Morgan Group 7 Inc., Real Estate Serv

    3114 26th Ave NE Unit A&B, Olympia, WA 98506
  • /34

    $649,000

    • 4 Beds
    • 4 Baths
    • 2,457 Sq Ft

    7625 Stable Ct SE, Olympia, WA 98501

    Beautiful 2457 SF Duplex FULLY UPDATED & sited on a .37 ac lot, in desirable Bush Prairie! PRIME Tumwater location, great curb appeal & modern features & finishes throughout! New Plumbing & Electrical! Both Units offer 2 PRIMARY SUITES & a thoughtful, open floor plan w/Living open to Kitchen & Dining! LVP & ceramic tile flooring, fresh paint, recessed lighting & modern fixtures! Kitchen boasts

    John Duerr Coldwell Banker Evergreen

    7625 Stable Ct SE, Olympia, WA 98501
  • /24

    $695,000

    • 4 Beds
    • 2 Baths
    • 3,040 Sq Ft

    2320 Capitol Way S, Olympia, WA 98501

    Incredible investment in this charming renovated Duplex of 2196 SF plus 844 SF finished basement - on large lot just minutes from Capitol Campus! 3 bed/1 bath (1835 sf) on one side and a 1 bed/1 bath (1205 sf) on the other. Each side includes private basement w/laundry. Newer hardi siding, windows & doors. AND, newer electrical, plumbing, kitchens, baths, appliances, flooring, driveway,

    Jodi Ashline Coldwell Banker Evergreen

    2320 Capitol Way S, Olympia, WA 98501
  • /24

    $535,000

    • 4 Beds
    • 2 Baths
    • 1,524 Sq Ft

    518-520 18th Ave SE, Olympia, WA 98501

    This well-maintained duplex in Olympia's South Capitol neighborhood is an excellent investment opportunity, featuring two 2-bedroom, 1-bath units. It's ideal for both investors and owner-occupants. The single-story property includes a newer roof, a shared two-car garage with storage, and a private driveway. Each unit has private fenced backyards. Easy access to shopping, dining, public

    Terrance Meyer Better Properties - Metro

    518-520 18th Ave SE, Olympia, WA 98501
  • /16

    $1,750,000

    • 20 Beds
    • 10 Baths
    • 7,163 Sq Ft

    3532 Mary Elder Rd NE, Olympia, WA 98506

    Exceptional Investment Opportunity in the Heart of Olympia! Discover this well-maintained and fully occupied TRIPLEX featuring 11 units, offering a rare investment opportunity in a prime and central location. Tenants can enjoy easy access to local shops, dining, and public transportation ensuring high occupancy rates and consistent rental income. The property includes shared laundry facilities

    Lisa Le COMPASS

    3532 Mary Elder Rd NE, Olympia, WA 98506
  • /26

    $490,000

    • 4 Beds
    • 2 Baths
    • 1,786 Sq Ft

    1814 Franklin St SE, Olympia, WA 98501

    This well-kept duplex offers a fantastic investment opportunity with low tenant turnover & long-term rental stability. Perfect for investors or owner-occupants, this property features two distinct units. One unit boasts 3 beds & 1 bath. Other unit features 1 bed & 1 bath, plus a fireplace! Two dedicated parking spaces available. Brand new roof! Whether you’re looking to generate steady rental

    Ron Rougeaux eXp Realty

    1814 Franklin St SE, Olympia, WA 98501
  • /10

    $649,900

    • 5 Beds
    • 3 Baths
    • 2,383 Sq Ft

    1438 Fones Rd SE Unit A&B, Olympia, WA 98501

    Large Duplex with good rental income. Excellent location! Units are in great shape. With interior updates over the past few years. The city is bringing road enhancements along Fones road now. Close in location, easy freeway access, excellent stable rental income. Property is located in "opportunity zone" with tax benefits, might be an estate planning stategy. Take advantage of this unique

    Joshua Carlson Better Properties N. Proctor

    1438 Fones Rd SE Unit A&B, Olympia, WA 98501
  • /14

    $1,650,000

    • 4,933 Sq Ft

    1510 Fones Rd SE, Olympia, WA 98501

    Great investment property! 3 duplexes on a private cul-de-sac each on individual parcels. 6 total units on 3 parcels. Each property is connected to sewer and public utilities. Separate water meters for each unit will be scheduled to be installed. Units are in great shape. Multiple new kitchens and interior updates over the past few years. The city is bringing road enhancements along Fones road

    Joshua Carlson Better Properties N. Proctor

    1510 Fones Rd SE, Olympia, WA 98501
  • /29

    $1,150,000

    • 7 Beds
    • 9 Baths
    • 5,964 Sq Ft

    213 4th Ave E, Olympia, WA 98501

    First time on the market in nearly half a century! This Downtown Olympia mixed use building features a fully equipped 3,000+/- sq ft restaurant space with a bar on the lower level, and a separate entrance to the 7 studio apartments upstairs. The kitchen is stocked with fryers, stoves, spacious walk-in refrigerator, a type-1 hood, and more! Apartments are easily leased and below market, with coin

    Max Stottlemyre Greene Commercial

    213 4th Ave E, Olympia, WA 98501
  • /33

    $2,750,000

    • 18 Beds
    • 10 Baths
    • 8,169 Sq Ft

    1512 Fones Rd SE, Olympia, WA 98501

    Great investment property! Own a whole neighborhood. On a private cul-de-sac with 3 duplexes and 3 homes each on individual parcels. 9 total units on 6 parcels. Each property is connected to sewer and public utilities. Just add individual water meters to each and you can sell them separate. Units are in great shape. Multiple new kitchens and interior updates over the past few years. The city is

    Joshua Carlson Better Properties N. Proctor

    1512 Fones Rd SE, Olympia, WA 98501
  • /14

    $739,000

    • 4 Beds
    • 6 Baths
    • 2,649 Sq Ft

    3812 4th Ave NW, Olympia, WA 98502

    Incredible investment opportunity w/great cap rate & rental history, offering potential for instant positive cash flow. Buyers & tenants will love calling this place home. 2005 built duplex consisting of two townhomes, each home contains 2 bedrooms, 2.5 bathrooms, one unit has a 2 car garage, the other has 1 car w/storage, both have driveway parking & a private backyards. These live like single

    Peter Warren Windermere RE West Campus Inc

    3812 4th Ave NW, Olympia, WA 98502
  • /40

    $649,000

    • 5 Beds
    • 3 Baths
    • 3,316 Sq Ft

    1715 Quince St NE, Olympia, WA 98506

    Discover this amazing investment opportunity in the highly desirable Eastside Neighborhood. This historic Triplex offers 3 - 2 bedroom, 1 bathroom units each with their own kitchen, living and dining space. Each unit also comes with its own washer and dryer for an additional bonus to tenants. Additionally the garage also has amazing potential to easily be converted in a fourth unit without

    Abby Mondau BHGRE - Northwest Home Team

    1715 Quince St NE, Olympia, WA 98506
  • /20

    $1,300,000

    • 4,776 Sq Ft

    906 908 Adams St SE, Olympia, WA 98501

    Unique Investor or Developer Opportunity in Downtown Olympia! Don't miss this one! Listing includes a duplex and 7-plex on one parcel and a leased parking lot. Under market rents, all tenants on month to month tenancy. Units offer a mix of studios and one-bedrooms. Parking spots lease for $30/mo with over 20 stalls! Close to downtown, waterfront, and shopping. Zoned UR (Urban Residential), allows

    Jeff Weeks Olympic Sotheby's Int'l Realty

    906 908 Adams St SE, Olympia, WA 98501

About Olympia

One might expect a serious attitude in Olympia, the legislative center and state capital of Washington. But this creative, outdoorsy city defies expectations. “People express themselves here, and art is really encouraged,” says Realtor Matt Murray with Van Dorm Realty, a local and a small business owner for over 20 years. “Maybe it’s because we feel intertwined with nature. Everything around you is moss, mushrooms, creeks, giant trees. People can go for a walk and disappear for an afternoon. I think that sparks our creativity.” Downtown Olympia ...

Home Trends in Olympia, WA

Home Trends

Median Price (12 Mo)
$554,975
Median Single Family Price
$579,000
Median Townhouse Price
$400,000
Median 2 Bedroom Price
$332,000
Median 1 Bedroom Price
$200,650
Average Price Per Sq Ft
$324
Number of Homes for Sale
242
Last 12 months Home Sales
1,514
Months of Supply
1.90
Median List Price
$575,000
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
2%
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