Olympia Homes with Rehab Loan Terms

Olympia Homes with Rehab Loan Terms

Located in the beautiful state of Washington, Olympia is a vibrant city that offers a perfect blend of natural beauty, rich history, and a thriving community. Situated in Thurston County, Olympia is the capital city of Washington and is known for its stunning landscapes, diverse culture, and excellent quality of life.

Olympia is a city that caters to all types of residents, from young professionals to families and retirees. With a strong emphasis on sustainability and environmental conservation, the city boasts numerous parks, trails, and green spaces, providing ample opportunities for outdoor activities such as hiking, biking, and kayaking.

One of the key features that make Olympia an attractive place to live is its homes with rehab loan terms. True to its commitment to revitalizing neighborhoods and promoting homeownership, Olympia offers a range of properties that can be purchased with rehab loan terms. This means that buyers have the opportunity to secure a loan that covers both the purchase price of the home and the cost of repairs or renovations.

Whether you're looking for a historic Craftsman-style home or a modern townhouse, Olympia's real estate market has something to suit every taste and budget. With the option of rehab loan terms, buyers have the flexibility to customize their homes to their liking, creating a space that truly reflects their personal style and needs.

If you're considering a move to Olympia, you'll find a city that offers a unique combination of natural beauty, cultural amenities, and affordable housing options. With homes available with rehab loan terms, you have the opportunity to turn your dream home into a reality.

Newest Olympia Homes with Rehab Loan Terms

$500,000
5 Beds ⋅ 3 Baths ⋅ 2572969 MLS ⋅ ACTIVE Status
Opportunity Knocks! Schedule a showing to see the well-loved tri-level with basement home in the heart of Olympia. Immediately upon approaching, you’ll appreciate the private front yard with established hedge. This 1963 sprawling home has an extremely flexible floor plan - Enter the heart of the home on the main level with a light and bright living room, dining room with deck to the back yard and updated kitchen. Upstairs, you’ll find a full bathroom, 3 bedrooms, including the primary, with en suite that needs finishing and an incredible private deck. Downstairs, you’ll find two additional rooms that could be bedrooms or extra finished spaces, a den with attached 3/4 bath, laundry and covered deck with access to backyard. The lowest level basement room could be used as a great game room or storage. Lots of storage space in the attic, basement/crawl, and garage. Large fenced backyard with lots of room for storage and play. Cosmetic work needed. Approximately 20 min to JBLM. Lot subdivision possible and ADU development feasible. Updated water heater, forced air furnace recently installed. Use for a large home or modify for a multifamily opportunity.

2515 15th Avenue SE, Olympia

Listing courtesy of eXp Realty.

$510,000
3 Beds ⋅ 2 Baths ⋅ 2568678 MLS ⋅ ACTIVE Status
Well-established neighborhood and a great opportunity to bring this original ’60s-style home back to life! Situated on a large corner lot with a wrap-around yard, this property offers excellent potential for an investor, contractor, or buyer ready to build some sweat equity. Double carport plus shop provides added space for parking, storage, hobbies, or projects. Conveniently located near shopping, Olympia schools, services, and easy access to I-5. The home needs renovation and updating but offers plenty of opportunity for the right buyer to restore and personalize. Estate sale; property is being sold as is, with Seller making no representations or warranties regarding the physical condition of the property.

2130 Woodcrest Drive SE, Olympia

Listing courtesy of RE/MAX Northwest.

$300,000
3 Beds ⋅ 2 Baths ⋅ 2535161 MLS ⋅ ACTIVE Status
Imagine the possibilities and bring your vision to life with this hidden opportunity tucked away at the end of a peaceful dead-end street. Perfectly positioned just minutes from I-5 and conveniently located near the RCF Gate, this property offers the rare blend of accessibility, privacy, and potential. Set on nearly half an acre, the setting invites you to slow down and enjoy the beauty of the outdoors with nearby trails and fishing access along the Nisqually River creating the perfect backdrop for everyday living.This home is ready for someone with creativity and ambition to restore and reimagine it into something truly special. With solid bones, a functional layout designed for comfort, and a location that delivers both country charm and city convenience, the possibilities here are endless. Whether you're looking to create your dream home, invest in future value, or design a peaceful retreat, this property is your canvas to make it happen.

11540 6th Avenue SE, Olympia

Listing courtesy of eXp Realty.

$200,000
3 Beds ⋅ 2 Baths ⋅ 2553183 MLS ⋅ PENDING SHORT SALE Status
Fixer Alert! Bring your tool belt and vision! This 3-bedroom, 1.5-bath rambler offers over 1,500 sq ft of potential and is ready for a complete renovation. Built in 1974 and situated on a 7,892 sq ft lot, the property features a 360 sq ft attached one-car garage and a large deck with the potential to be restored. Home is being sold AS-IS and will require substantial repairs and updating throughout. Excellent opportunity for investors, flippers, or buyers looking to build sweat equity. Short sale subject to lender approval.

7637 Kittiwake Drive SE, Olympia

Listing courtesy of Terrafin.

$495,000
3 Beds ⋅ 2 Baths ⋅ 2548117 MLS ⋅ ACTIVE Status
Charming mid-century Minimal Traditional one-story home situated on 1.88 acres, perfectly positioned just under a quarter mile from Priest Point Park on Boston Harbor Road. Built in 1948, this residence features a classic, functional floorplan with some tasteful updates, offering a delightful blend of vintage character and big potential for your vision. The property includes an inviting outdoor patio with a corrugated roof—ideal for entertaining. A small garage has been converted into a workshop, complemented by a separate outbuilding for additional storage or workspace, plus a convenient two-car carport. This home is part of a larger 6.29-acre assemblage consisting of three parcels, available individually. The level grounds encompass lush lawns, pasture areas, and mature fruit trees, providing both tranquility and opportunity for expansion or hobby farming. A rare find combining location, space, and versatility. 5 rooms with closets. 3 bedroom septic.

3845 Boston Harbor Road NE, Olympia

Listing courtesy of RE/MAX Parkside Affiliates.

$185,000
1 Beds ⋅ 1 Baths ⋅ 2548221 MLS ⋅ ACTIVE Status
Cute little cabin in Carlyon Beach with an extra lot included! Carlyon beach offer waterfront access, playground, dog park, kayak storage area, Clubhouse and moorage with a lease in their marina! Secluded by mature landscaping, it also has a deck and small shop for storage otr any projects you might have. Build a home or shop on the adjoining lot, maybe enlarge the existing cabin, or just enjoy the extra space. This has been a rental, and could be again with great cash flow for that passive income! Hope island State Park is just a ways away and an easy kayak or boat trip!

2528 Westwind Drive NW, Olympia

Listing courtesy of Keller Williams South Sound.

$695,000
3 Beds ⋅ 2 Baths ⋅ 2542882 MLS ⋅ ACTIVE Status
Welcome to easy single-level living above East Bay Drive, where the views do the talking. Take in Swantown, Budd Bay, the Port of Olympia, the Capitol dome, West Bay Marina, Cooper Point, and the Olympic Mountains, all from one of Olympia's most scenic vantage points with amazing sunsets! Step through a covered entry framed by brick pillars. Vaulted ceilings open up the entryway and living room, where large picture windows pull the scenery inside and a cozy wood stove warms the space. Oak hardwood floors lead through the main living areas, and honed matte Brazilian granite counters anchor the kitchen. Three sets of sliding glass doors open to the outdoors, one from the living room and one from each of the two bedrooms.Comfort comes standard with a 2024 Sunset Air gas furnace featuring a heat pump, air conditioning, and 90% efficiency, plus a 2024 natural gas water heater. The finished garage offers built-in storage and is accessible from the interior..The generously sized primary bath is ready for your vision, with a jetted tub already in place and room to design the shower and flooring exactly how you want them. A little finish work here, plus some retaining wall work on the hillside, lets you build instant equity and make this home truly yours.Minutes from downtown Olympia and Boston Harbor, this is a rare chance to own incredible water and mountain views with single-level ease. Bring your finishing touches and settle in.

812 San Francisco Avenue NE, Olympia

Listing courtesy of Virgil Adams Real Estate, Inc..

$395,000
2 Beds ⋅ 2 Baths ⋅ 2517513 MLS ⋅ ACTIVE Status
TWO WATERFRONT HOMES WITH SWEEPING VIEWS FOR AN INVESTOR OR EXTENDED FAMILY TO GIVE THE PROPERTY SOME TLC! 159' of High Bank Totten Inlet waterfront! This Steamboat Peninsula property features two separate homes on one high-bank parcel at the end of a quiet road. The residences are positioned at a private distance from each other, with one located near Elizan Road and the second situated along the water. Both homes include huge entertaining decks designed to take advantage of the western exposure and sweeping views of Totten Inlet.The layout and privacy between the units provide significant Airbnb potential or a flexible setup for multi-generational living. An unfinished shop with DADU potential sits between the homes, and the property also includes a two-car carport and a garden shed. Both homes have functional interiors that would benefit from modernization, and the exteriors require repair. Please note that while the property offers water views, there is no direct water access. This is a "fixer" property available for cash purchase only, offering a straightforward opportunity to build equity through a renovation project. Buyers must be accompanied by licensed agents to visit the property.

6105 Elizan Drive NW, Olympia

Listing courtesy of Virgil Adams Real Estate, Inc..

$439,950
2511421 MLS ⋅ ACTIVE Status
RARE OPPERTUNITY IN PRIME OLYMPIA LOCATION! Nearly 7 acres of flat, usable land in one of Olympias more desirable neighborhoods - ready for your custom dream home! With a mix of open pasture & private forested wetlands at the rear, this property offers both space and serenity. A tear-down cabin currently sits on-site. Hard-to-find acreage like this, in such a sought-after area, doesn't come around often. Invest in the potential - & in the lifestyle. Property zoned R-4-8 units per acre. Great opportunity for residential or commercial investment. Come see this property for yourself & begin your vision for what it can become for you today!

3502 40th Ave SE, Olympia

Listing courtesy of Skyline Properties, Inc..

$599,000
4 Beds ⋅ 2 Baths ⋅ 2465525 MLS ⋅ ACTIVE Status
HUGE PRICE REDUCTION! Welcome to this charming 1928 home with area views of Olympia and spectacular views of Swantown Marina, the Olympics and Budd Inlet. This beautiful home has its own personality with potential for a great remodel. Seller has installed a new 95% efficient Bryant gas furnace. Lath and plaster walls and ceiling plus gorgeous molding throughout. Come and take a look. Property is zone R6-12 as well. You will wake up to deer in the back yard, and the possibilities are endless

1130 East Bay Drive NE, Olympia

Listing courtesy of John L. Scott, Inc..

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