Add Listing
    Olympia, WA
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Olympia, WA Apartment Buildings for Sale

    Notify Me
    List
    Map
    Tumwater, WA Lacey, WA Shelton, WA
    Iconic Tavern with Apartments Above
    $1,825,000
    10,800 SF

    Iconic Tavern with Apartments Above

    210 4th Ave E, Olympia, WA

    Tavern with commercial kitchen and 12 apartments above.

    • Established tavern with potential to revive as a live music and dancing venue.
    • Includes a large bar and commercial kitchen.
    • Features 12 apartments above the tavern, providing rental income.
    • Rental income ranges from $650 to $1400 per apartment.
    • Offers a covered alley space.
    Updated: Nov 28, 2025
    View details
    Historic Olympia Mixed-Use Investment
    $5,650,000
    10,454 SF

    Historic Olympia Mixed-Use Investment

    410 Franklin St SE, Olympia, WA 98501

    Mixed-use property with residential and retail in Olympia's Historic District.

    • High T‑12 CAP rate of 6.35% and market CAP rate of 6.94% for immediate cash flow.
    • Prime location in Olympia's Historic District, steps from the State Capitol.
    • Mix of 18 residential units and 6 retail spaces.
    • Located near major employers: Providence St. Peter Hospital and Evergreen State College.
    • Benefits from Olympia's strategic growth, waterfront redevelopment, and The Port of Olympia’s Vision 2050 Action Plan.
    Updated: Feb 4
    View details
    Olympia Multifamily Investment Opportunity
    $4,900,000
    26,136 SF

    Olympia Multifamily Investment Opportunity

    27-unit apartment building in thriving Olympia, WA, with strong cap rates.

    210 Bethel St NE, Olympia, WA 98506
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in Olympia, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Mixed-Use Property in University Place
    $1,625,000
    10,097 SF

    Mixed-Use Property in University Place

    Established mixed-use property with flexible space in Tacoma, Washington.

    5314-5316 Orchard St W, University Place, WA
    View details
    Lakewood Multifamily Investment Opportunity
    $1,025,000
    3,080 SF

    Lakewood Multifamily Investment Opportunity

    Eight-unit multifamily property near American Lake boat launch.

    15107 Boat St SW, Lakewood, WA 98498
    View details
    3.3 AC IOS Yard
    $4,750,000
    143,748 SF

    3.3 AC IOS Yard

    3.3 AC IOS Yard for sale or lease.

    6820 27th St W, University Place, WA 98466
    View details
    Turnkey Lakewood Apartment Investment Opportunity
    $4,000,000

    Turnkey Lakewood Apartment Investment Opportunity

    29-unit apartment community in Lakewood's Springbrook neighborhood.

    5226 Chicago Avenue SW, Lakewood, WA 98499
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Entitled Multifamily Development Opportunity
    $3,250,000
    0.83 Acres

    Entitled Multifamily Development Opportunity

    Permitted 50-unit multifamily development with retail space for sale.

    403 N River St lot: 403, 417, & 419, Hailey, ID 83333
    View details
    Pahrump Land Investment Opportunity
    Contact for pricing
    0.31 Acres

    Pahrump Land Investment Opportunity

    0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

    2001 Casino Street, Pahrump, NV 89048
    View details
    Lancaster Corner Lot Investment Opportunity
    $350,000
    7,509.00 Acres

    Lancaster Corner Lot Investment Opportunity

    0.17-acre corner lot in Lancaster with development potential.

    0 Newgrove Street, Lancaster, CA 93534
    View details
    Prime Commercial Land Opportunity
    $2,250,000
    89,438.00 Acres

    Prime Commercial Land Opportunity

    2+ acres of commercially zoned land with freeway exposure.

    31426 The Old Road N, Castaic, CA 91384
    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)
    7,912 SF Lot: 7.45 Acres
    Estimated value
    $1,410,000

    606 Lilly NE Rd, Olympia, WA 98506-5123

    View details
    515 Courtside SW St
    APARTMENT HOUSE (5+ UNITS)
    8,928 SF Lot: 9.25 Acres
    Estimated value
    $1,565,000

    515 Courtside SW St, Olympia, WA 98502-8708

    View details
    311 Trailblazer SE St
    APARTMENT HOUSE (5+ UNITS)
    3,200 SF Lot: 0.52 Acres
    Estimated value
    $2,260,000

    311 Trailblazer SE St, Olympia, WA 98503-1611

    View details
    1309 Fern SW St
    APARTMENT HOUSE (5+ UNITS)
    5,766 SF Lot: 2.87 Acres
    Value Estimation by Request

    1309 Fern SW St, Olympia, WA 98502-1102

    View details
    1309 Fern SW St
    APARTMENT HOUSE (5+ UNITS)
    2,324 SF Lot: 2.41 Acres
    Value Estimation by Request

    1309 Fern SW St, Olympia, WA 98502-1102

    View details
    1212 Willow SE St, Unit F
    APARTMENT HOUSE (5+ UNITS)
    789 SF Lot: 0.59 Acres
    Value Estimation by Request
    Unit F

    1212 Willow SE St, Olympia, WA 98503-2363

    View details
    316 Choker SE St
    APARTMENT HOUSE (5+ UNITS)
    10,148 SF Lot: 0.64 Acres
    Estimated value
    $1,995,000

    316 Choker SE St, Olympia, WA 98503-1501

    View details
    915 Capitol S Way
    APARTMENT HOUSE (5+ UNITS)
    19,783 SF Lot: 0.34 Acres
    Estimated value
    $1,810,000

    915 Capitol S Way, Olympia, WA 98501-1231

    View details
    110 10th SW Ave
    APARTMENT HOUSE (5+ UNITS)
    3,894 SF Lot: 0.06 Acres
    Estimated value
    $1,790,000

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

    View details
    1420 Fones SE Rd
    APARTMENT HOUSE (5+ UNITS)
    1,326 SF Lot: 1.36 Acres
    Value Estimation by Request

    1420 Fones SE Rd, Olympia, WA 98501-2734

    View details
    510 Lilly SE Rd
    APARTMENT HOUSE (5+ UNITS)
    5,472 SF Lot: 0.50 Acres
    Estimated value
    $3,655,000

    510 Lilly SE Rd, Olympia, WA 98501-2148

    View details
    161 Pattison NE St, Unit 3
    APARTMENT HOUSE (5+ UNITS)
    3,816 SF Lot: 0.45 Acres
    Value Estimation by Request
    Unit 3

    161 Pattison NE St, Olympia, WA 98506-4954

    View details
    1000 Fern SW St
    APARTMENT HOUSE (5+ UNITS)
    9,296 SF Lot: 5.88 Acres
    Value Estimation by Request

    1000 Fern SW St, Olympia, WA 98502-6085

    View details
    1819 Capitol S Way
    APARTMENT HOUSE (5+ UNITS)
    4,916 SF Lot: 0.15 Acres
    Estimated value
    $835,000

    1819 Capitol S Way, Olympia, WA 98501-2861

    View details
    8525 Pacific SE Ave
    APARTMENT HOUSE (5+ UNITS)
    3,171 SF Lot: 6.65 Acres
    Estimated value
    $670,000

    8525 Pacific SE Ave, Olympia, WA 98513

    View details
    1330 Fones SE Rd, Unit 1344
    APARTMENT HOUSE (5+ UNITS)
    10,250 SF Lot: 2.44 Acres
    Estimated value
    $1,525,000
    Unit 1344

    1330 Fones SE Rd, Olympia, WA 98501-2786

    View details
    9326 Skokomish NE Way
    APARTMENT HOUSE (5+ UNITS)
    4,736 SF Lot: 0.39 Acres
    Value Estimation by Request

    9326 Skokomish NE Way, Olympia, WA 98516-6639

    View details
    606 Devoe SE St
    APARTMENT HOUSE (5+ UNITS)
    13,101 SF Lot: 0.49 Acres
    Estimated value
    $1,850,000

    606 Devoe SE St, Olympia, WA 98501-2025

    View details
    1106 Neil NE St
    APARTMENT HOUSE (5+ UNITS)
    5,200 SF Lot: 0.61 Acres
    Estimated value
    $1,445,000

    1106 Neil NE St, Olympia, WA 98516-6503

    View details
    215 10th SE Ave
    APARTMENT HOUSE (5+ UNITS)
    22,810 SF Lot: 0.43 Acres
    Estimated value
    $715,000

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

    View details
    2115 9th SW Ave
    APARTMENT HOUSE (5+ UNITS)
    1,188 SF Lot: 1.40 Acres
    Estimated value
    $4,435,000

    2115 9th SW Ave, Olympia, WA 98502-5100

    View details

    Olympia, WA Apartment Buildings Investment Opportunities Market Analysis

    Explore 72 apartment buildings for sale in Olympia, WA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 47,390 square feet of properties for sale, with an estimated market value of $12,375,000.

    Sale prices for two-family homes in Olympia, WA start at $1,825,000, averaging $4,125,000, and reaching up to $5,650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    98506 $4.9M
    98501 $5.7M

    Taxes & Financing

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

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Popular Searches in Olympia, WA

    Popular Categories

    Most Searched ZIP Codes in Olympia, WA

    • 98501
    • 98506

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!