Duplexes Olympia WA

Olympia Duplex Style Real Estate

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$487,777
2554345 MLS ⋅ PENDING INSPECTION Status
Turnkey rental income with immediate cash flow: Well maintained Olympia duplex offering an opportunity for investors, owner-occupants or multi-generational living. Conveniently located near Capital Mall, Evergreen State College, schools, grocery stores, restaurants, medical services, and major commuter routes. Bus stop located nearby for easy transit access. Situated on a 0.25-acre corner lot, each unit enjoys private living spaces, classic charm, separate fenced yard areas, lots of dedicated parking, washer and dryer, and outdoor space for gardening, pets, or recreation. Unit A features 2 bedrooms and 1 bathroom, while Unit B offers 1 bedroom plus bonus room/office, high ceilings and 1 bathroom, creating flexibility for a variety of tenants or owner-occupant needs. Floorplan available in photos. Fresh landscaping and ongoing owner maintenance have kept these units hassle-free. Positioned in Olympia's westside with convenient access to downtown Olympia, Highway 101, I-5 connections, military base JBLM, parks, shopping, and employment centers. This area has consistent rental demand due to nearby colleges, government employment, healthcare facilities, and regional employers. Add this well-located duplex to your investment portfolio or offset housing costs by occupying one unit while generating rental income from the other. Buyer to verify all.

1954 Division Street NW, Olympia

Listing courtesy of Paramount Real Estate Group.

$529,000
2555802 MLS ⋅ ACTIVE Status
Great rental potential in the coveted Bigelow neighborhood! Formerly a fully rented duplex, the current owners converted to SFR. Easily converted back to a duplex just by adding door by the living room to create a separate upstairs unit. Upstairs back room is still plumbed for a full kitchen, and you could add a ductless washer/dryer to the space for full functionality. Downstairs has a completely remodeled kitchen with smart appliances (combo oven with convection/steam/air fryer options and gas range with voice-activated hood!), butcher block counters, and USB outlets, large laundry/mud room, bedroom with walk-in closet, and full bath. Upstairs has a large living room with seasonal views of the capital dome, a bedroom, a potential kitchen/dining room, and full bath. Alley parking for downstairs unit, and free street parking for upstairs. Located just blocks from downtown Olympia, parks, restaurants, Swantown Marina, and the farmers market. Mixed-use zoning is perfect for a live/work lifestyle. Zoning would also allow commercial, so you could live upstairs and run a business from the main floor! Buyer to verify all possible uses. Preferred lender incentive available.

1128 State Avenue NE, Olympia

Listing courtesy of Redfin.

$1,625,000
2545999 MLS ⋅ ACTIVE Status
Exceptional opportunity to acquire 2 brand-new duplexes in highly desirable West Olympia. Built for long-term, low-maintenance ownership, these turnkey investment properties offer modern construction with minimal capital expenditure concerns for years to come. Located in a strong rental market characterized by high demand, low vacancy rates, and attractive rental income potential, these duplexes are well-positioned for consistent cash flow and long-term appreciation. Situated at the end of a private dead-end street, the properties offer a quiet setting that appeals to quality tenants while remaining conveniently close to major employers, shopping, schools, and commuter routes. Whether you're looking to expand your portfolio or complete a 1031 exchange, this is a rare opportunity to invest in newly constructed multifamily assets in one of Olympia's most sought-after rental locations.

1620 Decatur Street SW, Olympia

Listing courtesy of Capitol Real Estate LLC.

$665,000
2548425 MLS ⋅ ACTIVE Status
PRICE IMPROVEMENT!! Excellent Location & Strong Investment Opportunity! Well-maintained units in great condition, featuring thoughtful interior updates completed over the past few years. The property benefits from ongoing city road improvements along Fones Road, enhancing accessibility and long-term value. Ideally situated in a close-in location and very close to a freeway exit, this property offers easy commuting and excellent convenience. Enjoy stable and reliable rental income in a highly accessible area. Located within an Opportunity Zone, providing potential tax advantages and appealing estate planning considerations. Owner-occupancy may be possible in Unit A—adding flexibility for investors or owner-users alike. Recent upgrades include: New roof (2025) New water heater Updated flooring Upgraded electrical panel Don’t miss this unique investment opportunity!

1438 SE Fones Rd Unit #A&B, Olympia

Listing courtesy of Kelly Right RE of Seattle LLC.

$750,000
2546191 MLS ⋅ PENDING Status
Soak up stunning panoramic views from this rare East Bay Harbor three-story tri-level duplex overlooking Puget Sound, the majestic Olympic Mountains, and vibrant Swantown Marina. This one-in-a-million waterfront opportunity in Olympia’s highly sought-after East Bay neighborhood lets you live in one beautifully updated owner’s unit while generating income from the other side—perfect for owner-occupants, investors, or multi-generational living. Step inside the generously appointed owner’s residence featuring modern finishes, an inviting gas fireplace, and stainless steel appliances in the gourmet kitchen. Generous balconies extend off the main living areas and bedrooms for seamless indoor-outdoor living and sweeping water views. Each top level boasts dramatic vaulted ceilings, wrap-around windows, and skylights flooding the spaces with natural light and breathtaking views. Both sides offer exceptional privacy with separate entrances. Each unit features two spacious bedrooms with en-suite bathrooms and generous walk-in closets. Open living areas are perfect for entertaining while enjoying marina views. Highlights include two-car garages per side with extra visitor parking, high-quality construction built in 1997, and unmatched walkability to parks, trails, shopping, dining, and freeways. This peaceful waterfront enclave is a unique gem for primary residence with rental income or turnkey investment. Schedule a private showing today and experience these views for yourself now!!

330 E Bay Drive NE, Olympia

Listing courtesy of Timber Real Estate.

$634,950
2545983 MLS ⋅ ACTIVE Status
Great investment opportunity! Nestled among a grove of mature trees for exceptional privacy, this well-maintained 2,550 sq ft duplex offers the perfect blend of peaceful living and income potential with scenic views of Pattison Lake. Each spacious unit features 1,275 sqft of comfortable living space with 2 bedrooms, 2 bathrooms, vaulted ceilings, central heat, and an attached one-car garage. Enjoy the beauty of lake living with public access just down the street and a nearby boat launch, making it easy to spend your days fishing, kayaking, or enjoying the water. Tucked away in a quiet neighborhood, this property offers a peaceful retreat while still being conveniently close to schools, shopping, restaurants, and everyday amenities. Whether you're looking to expand your portfolio or invest in a property with strong long-term potential, this duplex offers a rare combination of privacy, location, and lifestyle.

8111 58th Avenue SE, Olympia

Listing courtesy of Keller Williams Rty Tacoma.

$610,000
2543048 MLS ⋅ ACTIVE Status
Here is your opportunity to buy a duplex and become your own landlord, conveniently located on the Westside of Olympia. Both units are 2 beds / 1 bath and feature updated kitchens, appliances, water heaters, windows, and paint. Heat pumps for efficient heating and cooling, as well as real hardwood floors throughout the main living area. Individual garages, large private patios, and an expansive back yard helps this property appeal to the potential tenants of all sorts. Live in one side and have your tenant make half your mortgage payment or rent both, as it would cash flow. HOA maintained common area landscaping. Situated on a quiet dead-end street, this duplex is just minutes from schools, shopping, healthcare, HWY 101, and I5. One unit under lease, other being kept vacant for sales purposes.

2015 2017 8th Court SW, Olympia

Listing courtesy of Windermere RE/Himlie.

$523,000
2541832 MLS ⋅ SOLD Status
NEW ROOF AND APPLIANCES! Well-maintained duplex in desirable northeast Olympia neighborhood offering flexibility for investors and owner-occupants alike. One unit will be vacant at closing, providing an excellent opportunity to move in and offset your mortgage with rental income, or place a new tenant and maximize cash flow. Cap rate exceeds 6%! Each unit features 2 bedrooms, 1 full bath, adaptable living areas, covered front porches, and sliding glass doors leading to private decks and a fully fenced shared backyard. Exceptionally spacious main living area with room to comfortably create separate living, dining, and work spaces while maintaining an open, inviting feel. This versatile layout offers flexibility rarely found in comparable duplex properties. The property has seen several meaningful updates, including a new roof in October 2025. Unit 1710 features a newer washer and dryer, while 1712 received a new stove range and dishwasher in June 2026. Expanded in 2006 with additional sqft and gabled roofline, this duplex offers generous floor plans and a functional layout that has broad tenant appeal. Ample off-street parking is available with dedicated driveway space for each unit. Conveniently located near downtown Olympia, Puget Sound waterfront access, local shops, restaurants, and the popular San Francisco Street Bakery, with easy access to I-5 for commuting. A solid investment opportunity in a location that continues to attract strong rental demand.

1710 1712 Eastside Street NE, Olympia

Listing courtesy of MVP Realty Group. Selling Office: RE/MAX Advantage.

$819,000
2537956 MLS ⋅ ACTIVE Status
Exceptional opportunity to acquire brand-new duplexes in highly desirable West Olympia. Built for long-term, low-maintenance ownership, these turnkey investment properties offer modern construction with minimal capital expenditure concerns for years to come. Located in a strong rental market characterized by high demand, low vacancy rates, and attractive rental income potential, these duplexes are well-positioned for consistent cash flow and long-term appreciation. Situated at the end of a private dead-end street, the properties offer a quiet setting that appeals to quality tenants while remaining conveniently close to major employers, shopping, schools, and commuter routes. Whether you're looking to expand your portfolio or complete a 1031 exchange, this is a rare opportunity to invest in newly constructed multifamily assets in one of Olympia's most sought-after rental locations.

1610 Decatur Street SW, Olympia

Listing courtesy of Capitol Real Estate LLC.

$819,000
2537959 MLS ⋅ ACTIVE Status
Exceptional opportunity to acquire brand-new duplexes in highly desirable West Olympia. Built for long-term, low-maintenance ownership, these turnkey investment properties offer modern construction with minimal capital expenditure concerns for years to come. Located in a strong rental market characterized by high demand, low vacancy rates, and attractive rental income potential, these duplexes are well-positioned for consistent cash flow and long-term appreciation. Situated at the end of a private dead-end street, the properties offer a quiet setting that appeals to quality tenants while remaining conveniently close to major employers, shopping, schools, and commuter routes. Whether you're looking to expand your portfolio or complete a 1031 exchange, this is a rare opportunity to invest in newly constructed multifamily assets in one of Olympia's most sought-after rental locations.

1614 Decatur Street SW, Olympia

Listing courtesy of Capitol Real Estate LLC.

$546,000
2537319 MLS ⋅ PENDING Status
Desirable Tanglewilde side-by-side duplex offering an exceptional owner-occupant or investment opportunity! Each unit features a private one-car garage, large fully fenced yard, and spacious floor plan. Enjoy a generous living room with beautiful real hardwood floors and a cozy gas fireplace. The oversized bathroom includes a double-sink vanity for added convenience. Recent updates include a newer roof -2025, newer windows, and fresh interior paint. Gas hot water tanks and washer/dryer hookups in each garage add to the home's functionality. Conveniently located near shopping, restaurants, schools, and everyday amenities. Live in one unit and rent the other to help offset your mortgage while building equity, or add a solid duplex to your investment portfolio. With attractive features, private outdoor space, and a highly desirable location, this property offers outstanding value and versatility.

7836 3RD Avenue SE Unit #A & B, Olympia

Listing courtesy of 360 Pacific.

$499,000
2510649 MLS ⋅ PENDING Status
Excellent rent-ready duplex in highly desirable West Side, Cooper Point location. Ideal for investors or buyers looking to live comfortably in while offsetting their mortgage. Each unit is 1058 sf with 2 bedrooms and 1 bathroom, a 1-car garage, guest parking on a quiet cul-de-sac. This cozy home features a large galley kitchen, dining room, spacious living room and a one-car garage with a laundry room and washer and dryer hookups. Double pane windows keep the elements at bay while the beautiful natural surroundings create a tranquil atmosphere. The vacant side (#A) is move in ready - perfect for an owner-occupant or for leasing immediately at current market rates. The second unit (#B) is occupied and rented at $1700/month and transitioning to a month-to-month lease on October 1, 2026, providing flexibility for future plans. Located close to schools, shopping, dining, parks and essential services, with easy access to major route. List of Recent Improvements: Unit A: New carpets (October 2024) Unit A: All new kitchen appliances (September 2024) Unit A: Refinished countertops in kitchen/bathroom (Sep 2024) Unit A: Full interior paint (September 2024) Unit B: Refinished countertops (September 2025) Unit B: Carpet replacement (August 2025) Unit B: Full interior paint (August 2025) Note: The other two duplexes in the cul-de-sac (4416 and 4424) are also available for sale.

4420 NW Ridgewood Court Unit #A & B, Olympia

Listing courtesy of The Rants Group.

$485,000
2510651 MLS ⋅ ACTIVE Status
Excellent rent-ready duplex in highly desirable West Side, Cooper Point location. Ideal for investors or buyers looking to live comfortably in while offsetting their mortgage. Each unit is 1,170 SF (including 1-car garage) with 2 bedrooms and 1 bathroom, guest parking on a quiet cul-de-sac. This cozy home features a large galley kitchen, dining room, spacious living room and a one-car garage with a laundry room and washer and dryer hookups. Double pane windows keep the elements at bay while the beautiful natural surroundings create a tranquil atmosphere. Both units are occupied. The first unit (#A) is month-to-month and rented at $1600/month. The second unit (#B) is occupied and rented at $1450/month on a month-to-month lease. Located close to schools, shopping, dining, parks and essential services, with easy access to major routes. Unit A: New septic tank (November 2024). Note: The other two duplexes in the cul-de-sac (4416 and 4420) are also available for sale.

4424 NW Ridgewood Court Unit #A & B, Olympia

Listing courtesy of The Rants Group.

$699,950
2528865 MLS ⋅ ACTIVE Status
Like new investment opportunity in the heart of Olympia. This duplex style home features a 3 bedroom, 2.5 bath main home with an attached 2 bedroom, 1 bath ADU. Both homes features solid surface flooring throughout, granite counters throughout, stainless appliances, high efficiency mini split heat pump systems with air conditioning, and energy efficient insulation and lighting packages. Built in 2022 and exceptionally maintained. Long term leases in place and a great cap rate with room for continued growth. Exterior features custom accents and fenced rear yards. Close to all amenities and freeway access, with top rated Olympia schools nearby.

1815 Karen Frazier Road SE, Olympia

Listing courtesy of Blue Summit Realty LLC.

$699,950
2528879 MLS ⋅ ACTIVE Status
Like new investment opportunity in the heart of Olympia. This duplex style home features a 3 bedroom, 2.5 bath main home with an attached 2 bedroom, 1 bath ADU. Both homes features solid surface flooring throughout, granite counters throughout, stainless appliances, high efficiency mini split heat pump systems with air conditioning, and energy efficient insulation and lighting packages. Built in 2022 and exceptionally maintained. Long term leases in place and a great cap rate with room for continued growth. Exterior features custom accents and fenced rear yards. Close to all amenities and freeway access, with top rated Olympia schools nearby.

1819 Karen Frazier Road SE, Olympia

Listing courtesy of Blue Summit Realty LLC.

$699,950
2528804 MLS ⋅ ACTIVE Status
Like new investment opportunity in the heart of Olympia. This duplex style home features a 3 bedroom, 2.5 bath main home with an attached 2 bedroom, 1 bath ADU. Both homes features solid surface flooring throughout, granite counters throughout, stainless appliances, high efficiency mini split heat pump systems with air conditioning, and energy efficient insulation and lighting packages. Built in 2022 and exceptionally maintained. Long term leases in place and a great cap rate with room for continued growth. Exterior features custom accents and fenced rear yards. Close to all amenities and freeway access, with top rated Olympia schools nearby.

1823 Karen Frazier Road SE, Olympia

Listing courtesy of Blue Summit Realty LLC.

$520,000
2526527 MLS ⋅ SOLD Status

1508 1506 Eastside Street NE, Olympia

Listing courtesy of . Selling Office: Olympic Sotheby's Int'l Realty.

$700,000
2520863 MLS ⋅ PENDING Status
Spacious duplex opportunity in desirable Tumwater Hill! Each unit offers 1,132 SF with 3 bedrooms, 2 bathrooms, cozy fireplace, private backyard patio, attached single-car garage, plus additional driveway and street parking. Thoughtfully designed layouts provide comfortable living spaces, functional floorplans, and excellent rental appeal. New Paint throughout the house/exterior. Located in one of Tumwater’s most convenient and sought-after neighborhoods with easy access to I-5, downtown Olympia, shopping, restaurants, schools, parks, and recreation. Ideal opportunity for owner-occupants looking to live in one unit while offsetting expenses with rental income from the other, or perfect for investors seeking a strong long-term rental property in a high-demand location. Low-maintenance investment with excellent versatility and lifestyle appeal. Rare chance to own a duplex in Tumwater Hill with close proximity to everything the Olympia/Tumwater area has to offer. Great potential for multigenerational living, investment portfolio growth, or house-hacking opportunity in the heart of Thurston County!

312 G Street SW Unit #A, Olympia

Listing courtesy of eXp Realty.

$549,900
2519345 MLS ⋅ PENDING INSPECTION Status
Great Olympia investment opportunity featuring 2 tenant-occupied units plus a partially finished basement with future rental potential once completed! Charming property with strong income-producing possibilities in a convenient location near downtown Olympia, shopping, restaurants, parks, & I-5 access. Each unit offers functional living spaces with included appliances: refrigerator, stove, dishwasher, washer & dryer. Property features classic character, ample parking, & flexibility for investors or owner-occupants looking to offset expenses. Basement space provides additional upside opportunity for added income or expanded living area with an already finished third full size bathroom. Don’t miss this versatile multi-unit property with immediate cash flow & future potential! Interior photos coming soon.

1813 Franklin Street SE, Olympia

Listing courtesy of Keller Williams South Sound.

$499,000
2510603 MLS ⋅ ACTIVE Status
Duplex Investment Opportunity in Olympia! Well-located duplex in the Cooper Point area offering flexibility for both investors and owner-occupants. This single-story property features two 2-bedroom, 1-bath units, each approximately 904 square feet, for a total of 1,808 square feet of living space. Unit A is currently occupied, providing immediate rental income, while Unit B is vacant and available for occupancy or lease-up. Each unit includes a functional layout with kitchen appliances (range/oven, refrigerator, dishwasher) and comfortable living spaces. Situated on a spacious ~0.33-acre lot in a cul-de-sac setting, the property offers a residential environment with convenient access to local amenities, services, and transportation routes. List of Recent Improvements: Re-roof (2025) Unit A: Refinished shower (April 2025), Unit A: New dryer (November 2024) Unit A: new kitchen appliances (November 2024) Unit B: New kitchen appliances (November 2025) Unit B: New carpets and vinyl (October 2024) Note: The other two duplexes in the cul-de-sac (4420 and 4424) are also available for sale.

4416 Ridgewood Court NW Unit #A & B, Olympia

Listing courtesy of The Rants Group.

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