Residential Income

Olympia, WA Residential Income Properties for Sale

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Duplex Townhome with Attached Garage
Updated: Aug 9
Duplex Townhome with Attached Garage

1418 Mamook Ct NE, Olympia, WA 98516

$574,900
2,280 sqft
Duplex townhome configuration with 2,280 square feet
Built in 1983
Open living and dining arrangement with large windows
Wood‑burning fireplace in the living room
Private patio and yard area
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Updated Duplex with Individual Garages
Updated: Jul 26
Updated Duplex with Individual Garages

2015 2017 8th Ct SW, Olympia, WA 98502

$595,000
1,862 sqft
Two‑unit duplex with 1,862 SF of total property size
Each residence includes 2 beds and 1 bath
Updated kitchens, appliances, water heaters, windows, and paint
Heat pumps and real hardwood floors in the main living areas
Individual garages, private patios, and expansive backyard
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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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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.

Cap Rate available after sign in
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Local Demand available after sign in
Remodeled Duplex with Garages
Remodeled Duplex with Garages

503 Devoe St NE, Olympia, WA 98506

$639,000
2,422 sqft

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

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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 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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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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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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Downtown Mixed-Use Retail and Apartments
Downtown Mixed-Use Retail and Apartments

213 4TH, Olympia, WA 98501

$1,199,000
6,000 sqft

Street retail space with bar and commercial kitchen plus seven apartments, each with separate upper-floor entrances.

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Multi-Tenant Residential Income Property
Multi-Tenant Residential Income Property

120 UNION AVE SE, Olympia, WA 98501

Contact for pricing
12,900 sqft 0.30 AC lot

Two-story commercial-class building with multiple occupants and an established income-property configuration.

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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

$1,825,000

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 19 Active Listings in Olympia, WA, we suggest to view alternatives - similar 53 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
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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
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8530 Steilacoom SE Rd
MOBILE HOME PARK, TRAILER PARK

8530 Steilacoom SE Rd, Olympia, WA 98513-1775

Estimated value:
$395,000
39.55 AC lot
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1301 Alonda NE Ln
MOBILE HOME PARK, TRAILER PARK

1301 Alonda NE Ln, Olympia, WA 98516-3742

Estimated value:
$1,760,000
3,476 sqft 23.76 AC lot
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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

Olympia, WA Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Olympia, WA, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 241,156 square feet of properties for sale, with an estimated market value of $12,988,700.

Sale prices for residential income properties in Olympia, WA start at $429,950, averaging $811,793, 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 19
Duplexes 14
Apartment buildings 4

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 $550K
Olympia - 98501 $883.9K

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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