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South Capitol Homes for Sale

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  • 2320 Capitol Way S, Olympia, WA 98501
    2320 Capitol Way S, Olympia, WA 98501
    2320 Capitol Way S, 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
  • 518-520 18th Ave SE, Olympia, WA 98501
    518-520 18th Ave SE, Olympia, WA 98501
    518-520 18th Ave SE, 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
  • 1814 Franklin St SE, Olympia, WA 98501
    1814 Franklin St SE, Olympia, WA 98501
    1814 Franklin St SE, Olympia, WA 98501
    /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
Washington Olympia South Capitol

Real Estate & Homes for Sale in South Capitol, Olympia

About South Capitol

South Capitol in Olympia is a predominantly residential neighborhood known for its early 20th-century homes, including Craftsman bungalows and two-story houses, with some midcentury ranch-style homes. The area features small, well-maintained yards and old-growth trees, contributing to its historic charm. Capitol Lake, on the western edge, offers popular walking and jogging paths, while Stevens Field on the east side provides playgrounds and softball fields. The Washington State Capitol Building and Campus on the north side are open to the public, showcasing memorials, gardens, and neoclassical architecture. Although shopping and dining options within the neighborhood are limited, residents enjoy the Olympia Baking Company and the convenience of Frog Pond Grocery. For more extensive shopping and dining, downtown Olympia is less than a mile away, featuring the Olympia Farmers Market, and West Olympia’s commercial district is a 4-mile drive. The neighborhood is highly walkable, with many residents opting to walk or bike downtown. Interstate 5 provides easy commuting, with Joint Base Lewis-McChord less than 15 miles away and Tumwater just 2 miles south. Public transportation is accessible via multiple Intercity Transit bus routes. The highly rated public schools in the area are part of the Olympia School District, with Avanti High School notably offering a unique in-school bike shop program.

Learn more about living in South Capitol

Frequently Asked Questions

Is South Capitol a good place to live?
South Capitol is a good place to live. South Capitol is considered somewhat walkable and very bikeable with some transit options. South Capitol is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. South Capitol has 3 parks for recreational activities. It has a median age of 45. The average household income is $130,683 which is above the national average. College graduates make up 78.5% of residents. A majority of residents in South Capitol are home owners, with 47% of residents renting and 53% of residents owning their home. A local real estate agent serving South Capitol can help you decide if this neighborhood is the right one for you. Learn more on our South Capitol neighborhood guide.
Is South Capitol, WA a safe neighborhood?
South Capitol, WA is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in South Capitol?
The median home price in South Capitol is $647,000. If you put a 20% down payment of $129,400 and had a 30-year fixed mortgage with an interest rate of 6.81%, your estimated principal and interest payment would be $3,380 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $145K a year to afford the median home price in South Capitol. The average household income in South Capitol is $131K.
What are the best public schools in South Capitol?
The best public schools that serve South Capitol are:
What are the best private schools in South Capitol?
The best private schools that serve South Capitol are:
What are the most popular zip codes in South Capitol, Olympia, WA?
The most popular zip codes in South Capitol, Olympia, WA include 98584, 98513, 98501, 98597 and 98516.
What are the most popular neighborhoods near South Capitol, Olympia, WA?
The most popular neighborhoods near South Capitol, Olympia, WA are Indian Creek, Downtown Olympia, Tumwater Hill, Eastside and Deschutes.
Are home prices dropping in South Capitol?
Yes, home prices in South Capitol are down 22% in the last 12 months.

Home Trends in South Capitol, WA

On average, homes in South Capitol, Olympia sell after 41 days on the market compared to the national average of 47 days. The average sale price for homes in South Capitol, Olympia over the last 12 months is $643,403, down 22% from the average home sale price over the previous 12 months.

Home Trends

Median Price (12 Mo)
$627,000
Median Single Family Price
$630,000
Median Townhouse Price
$581,000
Average Price Per Sq Ft
$344
Last 12 months Home Sales
21
Median List Price
$647,000
Median Discount From 1st List Price
3%
Median Home Sale Price YoY Change
-9%
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Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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