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    Olympia, WA Multifamily Properties for Sale

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    22 properties
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    12-Unit Mobile Home and RV Park
    Updated: Oct 5
    12-Unit Mobile Home and RV Park

    4004 Wiggins, Olympia, WA 98501

    $2,195,000
    2,948 sqft 9.70 AC lot
    12 units across a four‑unit building and 8 RVs
    9.7 acres zoned R‑4CB
    2,948‑square‑foot wood‑frame building, built in 1958
    Standalone coin‑operated laundry and two storage sheds
    Approximately 5 acres may be subdividable for an additional lot
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    Duplex with Attached ADU
    Updated: Oct 11
    Duplex with Attached ADU

    1823 Karen Frazier Road SE, Olympia, WA 98501

    $674,950
    2,207 sqft
    2,207 SF property with a three‑bedroom, 2.5‑bath main home and attached two‑bedroom, one‑bath ADU
    Built in 2022
    Long‑term leases in place
    Both residences have granite counters, stainless appliances, and solid‑surface flooring
    High‑efficiency mini‑split heat pumps provide air conditioning in both homes
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    4-Unit Quadplex
    4-Unit Quadplex

    3411 Stoll, Olympia, WA 98501

    $899,000
    2,320 sqft

    Fully occupied residential income property with individual storage sheds for each unit.

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    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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    Duplex Townhome with Attached Garage
    Duplex Townhome with Attached Garage

    1418 Mamook Ct NE, Olympia, WA 98516

    $574,900
    2,280 sqft

    Two-unit townhome property with private outdoor space, an attached garage, and additional driveway parking.

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    Updated Duplex with Individual Garages
    Updated Duplex with Individual Garages

    2015 2017 8th Ct SW, Olympia, WA 98502

    $595,000
    1,862 sqft

    Two refreshed units offer private outdoor areas and heat-pump heating and cooling.

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    Multifamily Property with Leased Parking
    Multifamily Property with Leased Parking

    906 908 Adams Street SE, Olympia, WA 98501

    $998,000
    4,776 sqft

    Two residential buildings share a parcel with leased parking and flexible month-to-month tenancy.

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    Remodeled Duplex with Garages
    Remodeled Duplex with Garages

    503 Devoe St NE, Olympia, WA 98506

    $615,000
    2,422 sqft

    Two established rental units include separate garages, with one residence extensively renovated for current occupancy.

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    Refreshed Duplex with Garages
    Refreshed Duplex with Garages

    3411 6th Ave NW, Olympia, WA 98502

    $919,950
    3,872 sqft

    Two move-in-ready homes offer flexible living arrangements, private suites, laundry rooms, and HOA-maintained exteriors.

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    Newly Built Duplex Portfolio
    Newly Built Duplex Portfolio

    1620 Decatur, Olympia, WA 98502

    $1,625,000
    5,928 sqft

    Two new duplex buildings offer modern construction in a private, no-through street setting.

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    Side-by-Side Duplex
    Side-by-Side Duplex

    1512 1514 Fones Rd SE, Olympia, WA 98501

    $429,950
    1,406 sqft

    Two-unit property with separate carports, additional parking, and convenient access to shopping, transit, and nearby freeways.

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    Newly Built Duplexes
    Newly Built Duplexes

    1610 Decatur St SW, Olympia, WA 98502

    $819,000
    2,964 sqft

    Two-unit residential income property completed in 2026 on a private dead-end street in Olympia.

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    Duplex with Attached Dwelling Unit
    Duplex with Attached Dwelling Unit

    4502 Ridgewood Ct NW, Olympia, WA 98502

    $649,950
    2,231 sqft

    Two residences offer five bedrooms combined, island kitchens, and separate living spaces on an oversized lot.

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    Single-Story Duplex with Updates
    Single-Story Duplex with Updates

    4416 Ridgewood Court Nw A & B, Olympia, WA 98502

    $484,000
    1,808 sqft 0.33 AC lot

    One residence is occupied while the second is vacant for an owner-occupant or new tenancy.

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    Multi-Family
    Multi-Family

    521 & 523 Boulevard Rd SE, Olympia, WA 98501

    $499,950
    1,608 sqft

    Duplexes · 1,608 SF

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    Occupied Duplex with Garages
    Occupied Duplex with Garages

    4424 NW Ridgewood Court A & B, Olympia, WA 98502

    $470,000
    1,860 sqft

    Two residential units provide private living areas, galley kitchens, laundry hookups, and access to guest parking.

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    Olympia Multifamily Development Opportunity
    Olympia Multifamily Development Opportunity

    2005 End St, Olympia, WA 98502

    $1,300,000
    132,422 sqft

    Investment opportunity in Olympia's Goldcrest/Burbank neighborhood.

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    Well-Maintained Duplex in Tumwater Neighborhood
    Well-Maintained Duplex in Tumwater Neighborhood

    261 65th Court SW #263, Olympia, WA 98501

    $510,000
    0.21 AC lot

    Duplex with two units, garages, fenced yards, great location.

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    Residential Development Land with Approved Plat
    Residential Development Land with Approved Plat

    8623 Steilacoom Road Southeast, Olympia, WA 98513

    Contact for pricing
    55,757 sqft

    Shovel-ready 7-lot short plat approval on acreage with an existing duplex and approved civil plans for utilities and site improvements.

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    Tenant-Occupied Duplex with Basement
    Tenant-Occupied Duplex with Basement

    1813 Franklin Street SE, Olympia, WA 98501

    $494,900

    Two occupied units include appliances and connect to a partially finished basement with an additional full bathroom.

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    Iconic Tavern with Apartments Above
    Iconic Tavern with Apartments Above

    210 4TH, Olympia, WA 98501

    $1,775,000

    Tavern with commercial kitchen and 12 apartments above.

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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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    Side-by-Side Duplex with Garages
    Side-by-Side Duplex with Garages

    A-b-7438 Mullen Rd Se, Olympia, WA 98503

    $525,000

    Two separately configured residences offer private outdoor space, in-unit laundry, and direct access to attached garages.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Olympia, WA, we suggest to view alternatives - similar 50 Off-Market properties to explore as potential leads.

    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

    Olympia, WA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Olympia, WA, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 235,834 square feet of properties for sale, with an estimated market value of $17,054,550.

    Sale prices for multifamily properties in Olympia, WA start at $429,950, averaging $852,727, and reaching up to $2,195,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 17
    Apartment buildings 3
    Quadplexes 2
    Mobile home & RV parks 1

    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
    Lacey - 98503 $525K
    Olympia - 98501 $808.3K

    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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    Most Searched ZIP Codes in Olympia, WA

    • 98502
    • 98501
    • 98506
    • 98503
    • 98513
    • 98516
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