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    Olympia, WA
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    Olympia, WA Apartment Buildings for Sale

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    Tumwater, WA Lacey, WA Tenino, WA Shelton, 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
    View details
    Iconic Tavern with Apartments Above
    Updated: Nov 18, 2025
    Iconic Tavern with Apartments Above

    210 4TH, Olympia, WA 98501

    $1,775,000
    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.
    View details
    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.

    View details
    See hot listings in Olympia

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 76 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

    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.

    View details
    12-Unit Duplex Apartment Property
    12-Unit Duplex Apartment Property

    11002 Idlewild Road SW, Lakewood, WA 98498

    $2,100,000

    Six duplex buildings provide a varied unit mix, on-site laundry, and several upgraded building components.

    View details
    Townhome-Style Apartment Community
    Townhome-Style Apartment Community

    2901 South 45th Street, Tacoma, WA 98409

    Contact for pricing
    1.98 AC lot

    The 53-home community combines multiple bedroom layouts with in-unit laundry and attached garages.

    View details
    Mixed-Use Retail and Multifamily Property
    Mixed-Use Retail and Multifamily Property

    8201 Tacoma Way, Tacoma, WA 98499

    $1,550,000
    6,936 sqft

    Mixed-use property featuring retail spaces and multifamily units.

    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

    Estimated value:
    $1,410,000
    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

    Estimated value:
    $1,565,000
    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

    Estimated value:
    $2,335,000
    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

    Estimated value:
    $20,050,000
    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

    Estimated value:
    $20,050,000
    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
    Estimated value:
    $270,000
    789 sqft 0.59 AC lot
    View details
    316 Choker SE St
    APARTMENT HOUSE (5+ UNITS)

    316 Choker SE St, Olympia, WA 98503-1501

    Estimated value:
    $2,340,000
    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

    Estimated value:
    $1,935,000
    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

    Estimated value:
    $1,935,000
    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

    Estimated value:
    $305,000
    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

    Estimated value:
    $4,025,000
    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
    Estimated value:
    $300,000
    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

    Estimated value: 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

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

    8525 Pacific SE Ave, Olympia, WA 98513

    Estimated value:
    $670,000
    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
    Estimated value:
    $1,525,000
    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

    Estimated value:
    $245,000
    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

    Estimated value:
    $1,850,000
    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

    Estimated value:
    $1,410,000
    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

    Estimated value:
    $465,000
    22,810 sqft 0.43 AC lot
    View details
    2115 9th SW Ave
    APARTMENT HOUSE (5+ UNITS)

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

    Estimated value:
    $4,350,000
    1,188 sqft 1.40 AC lot
    View details

    Olympia, WA Apartment Buildings Market Trends and Statistics

    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 11,939 square feet of properties for sale, with an estimated market value of $2,773,000.

    Sale prices for apartment complexes in Olympia, WA start at $998,000, averaging $1,386,500, and reaching up to $1,775,000 — 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 $1.4M

    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.

    How Realmo verifies these figures

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