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    Olympia, WA
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    Olympia, WA Apartment Buildings for Sale

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    Tumwater, WA Lacey, WA Shelton, WA Tenino, WA Anderson Island, WA Allyn, WA Longbranch, WA Lakebay, WA
    Multifamily Property with Leased Parking
    Updated: Feb 18
    Multifamily Property with Leased Parking

    906 908 Adams Street SE, Olympia, WA 98501

    $998,000
    4,776 sqft
    Duplex and 7‑plex situated on one parcel
    4,776‑square‑foot multifamily property built in 1901
    Unit mix includes studios and one‑bedrooms
    More than 20 parking stalls with leased parking lot
    UR (Urban Residential) zoning
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    Downtown Mixed-Use Retail and Apartments
    Updated: Jun 21, 2025
    Downtown Mixed-Use Retail and Apartments

    213 4TH, Olympia, WA 98501

    $1,199,000
    6,000 sqft
    Mixed‑use building built in 1908 with street retail and 7 apartments
    Street retail space totals 6,000 SF with a bar and commercial kitchen
    Separate entrances for the upper‑floor apartments
    Streetside frontage with signage
    Upper floors feature tall ceilings
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    Iconic Tavern with Apartments Above
    Iconic Tavern with Apartments Above

    210 4TH, Olympia, WA 98501

    $1,825,000

    Tavern with commercial kitchen and 12 apartments above.

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    See what stands out in Thurston County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Fully Leased 11-Unit Transitional Housing
    Fully Leased 11-Unit Transitional Housing

    3532 Mary Elder Rd NE, Olympia, WA 98506

    Contact for pricing
    7,163 sqft

    Triplex layout across three buildings with shared laundry and off-street parking on a nearly half-acre lot.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 4 Active listings in Olympia, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    42-Unit Apartment Community
    42-Unit Apartment Community

    10701-10702 109th Street SW, Lakewood, WA 98498

    Contact for pricing
    39,340 sqft 3.00 AC lot

    Forty-two unit apartment community with 1-, 2-, and 3-bedroom layouts on 3+ acres.

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    Two-Story Apartment Building
    Two-Story Apartment Building

    114 W Cedar St, Shelton, WA 98584

    Contact for pricing

    Eleven-unit property with renovated interiors, communal laundry, and off-street parking in Shelton.

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    Three Duplex Residential Income
    Three Duplex Residential Income

    54 W Pine Acres Way, Shelton, WA 98584

    Contact for pricing

    Three fully rented duplexes on the site, with utilities available in the street for proposed expansion.

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    Updated 48-Unit Apartment Building
    Updated 48-Unit Apartment Building

    7515 146th St SW, Lakewood, WA 98439

    Contact for pricing

    Multifamily property with a balanced one- and two-bedroom unit mix, on-site management, maintenance, and laundry facilities.

    View details

    Off-Market Properties in Olympia, WA

    Consider similar Off-Market properties in Olympia, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    606 Lilly NE Rd
    APARTMENT HOUSE (5+ UNITS)

    606 Lilly NE Rd, Olympia, WA 98506-5123

    $1,410,000
    Estimated value
    7,912 sqft 7.45 AC lot
    View details
    515 Courtside SW St
    APARTMENT HOUSE (5+ UNITS)

    515 Courtside SW St, Olympia, WA 98502-8708

    $1,565,000
    Estimated value
    8,928 sqft 9.25 AC lot
    View details
    311 Trailblazer SE St
    APARTMENT HOUSE (5+ UNITS)

    311 Trailblazer SE St, Olympia, WA 98503-1611

    $2,335,000
    Estimated value
    3,200 sqft 0.52 AC lot
    View details
    1309 Fern SW St
    APARTMENT HOUSE (5+ UNITS)

    1309 Fern SW St, Olympia, WA 98502-1102

    $20,050,000
    Estimated value
    5,766 sqft 2.87 AC lot
    View details
    1309 Fern SW St
    APARTMENT HOUSE (5+ UNITS)

    1309 Fern SW St, Olympia, WA 98502-1102

    $20,050,000
    Estimated value
    2,324 sqft 2.41 AC lot
    View details
    1212 Willow SE St, Unit F
    APARTMENT HOUSE (5+ UNITS)

    1212 Willow SE St, Olympia, WA 98503-2363

    Unit F
    $270,000
    Estimated value
    789 sqft 0.59 AC lot
    View details
    316 Choker SE St
    APARTMENT HOUSE (5+ UNITS)

    316 Choker SE St, Olympia, WA 98503-1501

    $2,340,000
    Estimated value
    10,148 sqft 0.64 AC lot
    View details
    915 Capitol S Way
    APARTMENT HOUSE (5+ UNITS)

    915 Capitol S Way, Olympia, WA 98501-1231

    $1,935,000
    Estimated value
    19,783 sqft 0.34 AC lot
    View details
    110 10th SW Ave
    APARTMENT HOUSE (5+ UNITS)

    110 10th SW Ave, Olympia, WA 98501-1223

    $1,935,000
    Estimated value
    3,894 sqft 0.06 AC lot
    View details
    1420 Fones SE Rd
    APARTMENT HOUSE (5+ UNITS)

    1420 Fones SE Rd, Olympia, WA 98501-2734

    $305,000
    Estimated value
    1,326 sqft 1.36 AC lot
    View details
    510 Lilly SE Rd
    APARTMENT HOUSE (5+ UNITS)

    510 Lilly SE Rd, Olympia, WA 98501-2148

    $4,025,000
    Estimated value
    5,472 sqft 0.50 AC lot
    View details
    161 Pattison NE St, Unit 3
    APARTMENT HOUSE (5+ UNITS)

    161 Pattison NE St, Olympia, WA 98506-4954

    Unit 3
    $300,000
    Estimated value
    3,816 sqft 0.45 AC lot
    View details
    1000 Fern SW St
    APARTMENT HOUSE (5+ UNITS)

    1000 Fern SW St, Olympia, WA 98502-6085

    Value Estimation by Request
    9,296 sqft 5.88 AC lot
    View details
    1819 Capitol S Way
    APARTMENT HOUSE (5+ UNITS)

    1819 Capitol S Way, Olympia, WA 98501-2861

    $875,000
    Estimated value
    4,916 sqft 0.15 AC lot
    View details
    8525 Pacific SE Ave
    APARTMENT HOUSE (5+ UNITS)

    8525 Pacific SE Ave, Olympia, WA 98513

    $670,000
    Estimated value
    3,171 sqft 6.65 AC lot
    View details
    1330 Fones SE Rd, Unit 1344
    APARTMENT HOUSE (5+ UNITS)

    1330 Fones SE Rd, Olympia, WA 98501-2786

    Unit 1344
    $1,525,000
    Estimated value
    10,250 sqft 2.44 AC lot
    View details
    9326 Skokomish NE Way
    APARTMENT HOUSE (5+ UNITS)

    9326 Skokomish NE Way, Olympia, WA 98516-6639

    $245,000
    Estimated value
    4,736 sqft 0.39 AC lot
    View details
    606 Devoe SE St
    APARTMENT HOUSE (5+ UNITS)

    606 Devoe SE St, Olympia, WA 98501-2025

    $1,850,000
    Estimated value
    13,101 sqft 0.49 AC lot
    View details
    1106 Neil NE St
    APARTMENT HOUSE (5+ UNITS)

    1106 Neil NE St, Olympia, WA 98516-6503

    $1,410,000
    Estimated value
    5,200 sqft 0.61 AC lot
    View details
    215 10th SE Ave
    APARTMENT HOUSE (5+ UNITS)

    215 10th SE Ave, Olympia, WA 98501-9312

    $465,000
    Estimated value
    22,810 sqft 0.43 AC lot
    View details

    Olympia, WA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Olympia, WA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 17,939 square feet of properties for sale, with an estimated market value of $4,022,000.

    Sale prices for two-family homes in Olympia, WA start at $998,000, averaging $1,340,666, and reaching up to $1,825,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 241K
    Population Growth (5Y) +8.3%
    Median Household Income $94,198
    College Educated 31.7%

    High-Yield Neighborhoods for Investment

    Identify Olympia submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    98501 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 0.90%
    Property Tax per SF $10.62 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Olympia fall within the 10,000 to 25,000 square foot range.

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    • 98506

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