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    Thurston County, WA Residential Income Properties for Sale

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    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
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    Residential Income Compound
    Updated: May 9, 2025
    Residential Income Compound

    6144 Waldrick Road Southeast, Olympia, WA 98513

    $959,000
    2,478 sqft 6.00 AC lot
    Nearly 6 acres with 3 individual homes and extensive workshop improvements
    Main residence includes 2,478 square feet and a high‑efficiency heat pump
    Third unit features a 3,360‑square‑foot shop with an attached one‑bedroom home
    Workshop includes a body shop, paint booth, compressor, air piping, regulators, and exhaust fans
    2‑bay machine shed for tractors, boats, vehicles, or heavy equipment
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    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.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Downtown Mixed-Use Retail and Apartments
    Downtown Mixed-Use Retail and Apartments

    213 4th Ave E, Olympia, WA 98501

    Contact for pricing
    6,000 sqft

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

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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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    Single-Story Duplex with Fenced Yard
    Single-Story Duplex with Fenced Yard

    1414 Hensley Street NE # 1412, Lacey, WA 98516

    $498,500
    1,832 sqft

    Well-maintained single-story duplex with two 2-bedroom, 1-bath units, each with garage and laundry area.

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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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    Automotive Workshop & Income Compound
    Automotive Workshop & Income Compound

    6144 Waldrick, Tenino, WA 98589

    $959,000
    2,478 sqft

    Three individual homes plus an equipped body shop and paint booth workshop offer income-producing versatility on a private compound.

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    Eight-Unit Apartment Building
    Eight-Unit Apartment Building

    5024 18th Avenue Southeast, Lacey, WA 98503

    Contact for pricing
    5,616 sqft

    Eight apartments with a mix of two-bedroom and one-bedroom units, plus on-site parking and communal laundry.

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    Historic Olympia Mixed-Use Investment
    Historic Olympia Mixed-Use Investment

    410 Franklin St SE, Olympia, WA 98501

    Contact for pricing
    10,454 sqft

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

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    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.

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    Multifamily Zoned Property in Tumwater
    Multifamily Zoned Property in Tumwater

    5012 Rural Road SW, Tumwater, WA 98512

    $825,000
    2.92 AC lot

    Multifamily zoned property near I-5 with income potential.

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    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.

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    Newly Built Duplex Portfolio
    Newly Built Duplex Portfolio

    1620 Decatur St Sw, Olympia, WA 98502

    $1,625,000

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

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    20-Unit Duplex Community For Sale
    20-Unit Duplex Community For Sale

    18304 Nutmeg St SW, Rochester, WA 98579

    $4,300,000
    22,080 sqft

    Well-maintained 20-unit duplex community on 5.59 acres in Thurston County.

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    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.

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    Entitled Multifamily Development Site
    Entitled Multifamily Development Site

    5945 Littlerock Rd SW, Tumwater, WA 98512

    Contact for pricing
    5.55 AC lot

    Entitled, SEPA-approved site for a planned multifamily project with four residential structures and parking.

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    32-Unit Townhome Community
    32-Unit Townhome Community

    1619 Trosper Rd SW, Tumwater, WA 98512

    Contact for pricing

    Custom-built 32-unit townhome community with 3-bedroom, 2-bath homes across 14 buildings.

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    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.

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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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    Turnkey 40-Unit Apartment Complex
    Turnkey 40-Unit Apartment Complex

    509 Old Pacific Hwy SE, Olympia, WA 98513

    Contact for pricing

    Fully rehabbed 40-unit complex with four buildings, updated roofs and windows, and ample tenant and guest parking.

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    Olympia Multifamily Development Opportunity
    Olympia Multifamily Development Opportunity

    2123 9th Ave SW, Olympia, WA 98502

    $1,250,000
    101,495 sqft

    2.33+/- acres zoned RM-24 in desirable Westside neighborhood.

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    Renovated Two-Bedroom Apartment Community
    Renovated Two-Bedroom Apartment Community

    300 Dennis St SW, Tumwater, WA 98501

    Contact for pricing

    Country Court offers 24 two-bedroom units with garages, with 83% renovated and in-unit washer/dryer hookups.

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    Thurston County, WA Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Thurston County, WA, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 384,023 square feet of properties for sale, with an estimated market value of $15,368,500.

    Sale prices for residential income properties in Thurston County, WA start at $498,500, averaging $1,280,708, and reaching up to $4,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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