Advertise
    Olympia, WA
    Residential Income

    Olympia, WA Residential Income Properties for Sale

    Notify Me
    List
    Map
    Tumwater, WA Lacey, WA Tenino, WA Shelton, WA Anderson Island, WA Longbranch, WA Yelm, WA Kamilche, WA
    7 properties
    Sort:
    Downtown Mixed-Use Retail and Apartments
    Updated: Apr 15
    Downtown Mixed-Use Retail and Apartments

    213 4th Ave E, Olympia, WA 98501

    Contact for pricing
    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
    View details
    Olympia Multifamily Development Opportunity
    Updated: Aug 14, 2025
    Olympia Multifamily Development Opportunity

    2005 End St, Olympia, WA 98502

    $1,300,000
    132,422 sqft
    Zoned RM‑18 allows for multifamily development.
    Potential for up to 48 residential units (buyer to verify).
    Premier investment opportunity in Olympia’s desirable Goldcrest/Burbank neighborhood.
    Maximum density of 18 dwelling units per acre.
    Preliminary site plans available.
    View details
    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.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Value-Add 20-Unit Apartment Building
    Value-Add 20-Unit Apartment Building

    510 LILLY RD SE, Olympia, WA 98501

    Contact for pricing
    9,900 sqft

    20-unit multifamily asset with 16 interior upgrades completed, two partially completed units, and two remaining classic units.

    View details
    Mixed-Use Retail and Apartments
    Mixed-Use Retail and Apartments

    213 4th Ave E, Olympia, WA

    Contact for pricing
    5,964 sqft 0.08 AC lot

    Downtown Olympia mixed-use property with retail space and apartments.

    View details
    Iconic Tavern with Apartments Above
    Iconic Tavern with Apartments Above

    210 4th Ave E, Olympia, WA

    Contact for pricing
    10,800 sqft 0.12 AC lot

    Tavern with commercial kitchen and 12 apartments above.

    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
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 7 Active listings in Olympia, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 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.

    Residential Income Property
    Residential Income Property

    6146 Waldrick Road Southeast, Tenino, WA 98589

    Contact for pricing
    4,808 sqft

    For-sale residential income multifamily property at 6146 Waldrick Road Southeast in Tenino, WA.

    View details
    Triplex Development with Utilities Stubbed
    Triplex Development with Utilities Stubbed

    4808-4812 15th Avenue Southeast, Lacey, WA 98503

    $505,000

    Updated rental unit plus build-ready lot with water, sewer, power stubbed for additional duplex units.

    View details
    Turnkey Mobile Home Park Investment
    Turnkey Mobile Home Park Investment

    1098 Old Highway 99, Tenino, WA 98589

    $745,000

    Well-maintained mobile home park with immediate income and growth potential.

    View details
    Multi-Building Retail and Residential
    Multi-Building Retail and Residential

    4221 Pacific, Lacey, WA 98503

    $1,399,000

    Three-building mixed-use property with retail space, a remodeled 2BR unit, and additional rental buildings.

    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.

    5.99 Acres Investment Opportunity
    5.99 Acres Investment Opportunity

    2602 Marvin Rd Se, Olympia, WA 98503

    $1,800,000
    5.99 AC lot

    5.99 acres of land for sale in Olympia, WA.

    View details
    29 Acres Subdivision-Ready Raw Land
    29 Acres Subdivision-Ready Raw Land

    5420 NW 66th Avenue, Olympia, WA 98502

    $875,000
    29.00 AC lot

    29 acres of raw land, subdividable into 5-acre parcels.

    View details
    120 Acres Near Hood Canal
    120 Acres Near Hood Canal

    10-xx East Shetland Road, Shelton, WA 98584

    $940,800
    120.06 AC lot

    120-acre land parcel near Shelton and Hood Canal.

    View details
    Multifamily Land in South Tacoma
    Multifamily Land in South Tacoma

    6016 S Tyler Street, Tacoma, WA 98409

    $350,000
    2.81 AC lot

    2.81 acres for multifamily development in Tacoma, WA.

    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
    8530 Steilacoom SE Rd
    MOBILE HOME PARK, TRAILER PARK

    8530 Steilacoom SE Rd, Olympia, WA 98513-1775

    Value Estimation by Request
    39.55 AC lot
    View details
    1301 Alonda NE Ln
    MOBILE HOME PARK, TRAILER PARK

    1301 Alonda NE Ln, Olympia, WA 98516-3742

    $1,760,000
    Estimated value
    3,476 sqft 23.76 AC lot
    View details
    311 Trailblazer SE St
    APARTMENT HOUSE (5+ UNITS)

    311 Trailblazer SE St, Olympia, WA 98503-1611

    $2,260,000
    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

    Value Estimation by Request
    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

    Value Estimation by Request
    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
    Value Estimation by Request
    789 sqft 0.59 AC lot
    View details
    316 Choker SE St
    APARTMENT HOUSE (5+ UNITS)

    316 Choker SE St, Olympia, WA 98503-1501

    $1,995,000
    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

    $1,810,000
    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

    $1,790,000
    Estimated value
    3,894 sqft 0.06 AC lot
    View details
    818 Burr SE Rd
    MOBILE HOME PARK, TRAILER PARK

    818 Burr SE Rd, Olympia, WA 98501-2000

    $1,910,000
    Estimated value
    840 sqft 2.50 AC lot
    View details
    1420 Fones SE Rd
    APARTMENT HOUSE (5+ UNITS)

    1420 Fones SE Rd, Olympia, WA 98501-2734

    Value Estimation by Request
    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

    $3,655,000
    Estimated value
    5,472 sqft 0.50 AC lot
    View details
    5615 Black Lk Belmore SW Rd
    MOBILE HOME PARK, TRAILER PARK

    5615 Black Lk Belmore SW Rd, Olympia, WA 98512-7055

    $770,000
    Estimated value
    736 sqft 3.48 AC lot
    View details
    161 Pattison NE St, Unit 3
    APARTMENT HOUSE (5+ UNITS)

    161 Pattison NE St, Olympia, WA 98506-4954

    Unit 3
    Value Estimation by Request
    3,816 sqft 0.45 AC lot
    View details
    10324 Delphi Rd Sw Trlr, Unit 30
    MOBILE HOME PARK, TRAILER PARK

    10324 Delphi Rd Sw Trlr, Olympia, WA 98512-9354

    Unit 30
    $1,640,000
    Estimated value
    192 sqft 7.84 AC lot
    View details

    Olympia, WA Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Olympia, WA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 172,249 square feet of properties for sale, with an estimated market value of $1,810,000.

    Sale prices for residential income properties in Olympia, WA start at $510,000, averaging $905,000, and reaching up to $1,300,000 — 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

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 6
    Apartment buildings 4
    Duplexes 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
    98501 $510K
    98502 $1.3M
    98506 $3.2M

    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.

    Need Help?

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

    Contact Us

    Popular Searches in Olympia, WA

    Popular Categories

    Most Searched ZIP Codes in Olympia, WA

    • 98501
    • 98502
    • 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!