Refine Search
Map
Sort by
$1,900,000
2513658 MLS ⋅ ACTIVE Status
Exceptional investment opportunity in West Olympia! This 4-plex features four spacious 3BD/2.5BA townhome-style units built in 2015. Each unit offers modern finishes, in-unit washer/dryer, stainless appliances, granite counters, and a 2-car garage. Strong rental income. 4.58% cap rate. Please do not disturb the tenants. Showings will be provided following an offer.

517 Oso Berry Street NW, Olympia

Listing courtesy of Pacific Residential Brokers.

$810,000
2467536 MLS ⋅ SOLD Status
Please do not disturb residents or walk the property. Excellent first multifamily investment property or this would make a fantastic addition to your growing portfolio. This fourplex experiences very little vacancy & turnover. Great floorplans with ample kitchen storage and closet space. Unit A updated in 2025, Unit B updated in 2024. Units C & D (top floor units) are in decent but dated condition with under market rents. Ground units have front and rear access. Upstairs units include their own small deck space. Rear parking off the alley is available for each unit. Fantastic location with a 94 Walk "Walker's Paradise" Score + a 93 Bike "Biker's Paradise" Score. Approximately 5 minute commute to State Capitol campus. Common area laundry located on the premises. Professional management in place but this multifamily asset could be a very reasonable property to self-manage. Please do not disturb residents or walk the property.

1015 Legion Way SE, Olympia

Listing courtesy of Multifamily Properties. Selling Office: eXp Realty.

$475,000
2447769 MLS ⋅ SOLD Status
Great opportunity to own a well-maintained duplex on the Eastside of Olympia with a 7.3% CAP RATE. Both units are 2 bedroom, 1 bathroom attached garages with large, fenced backyards on a dead-end street. Tenants pay water, garbage and the property is on septic so there’s no monthly sewer cost to tenants. Seller is selling three other duplexes on the same street with the same floor plan and CAP RATE.

2429 Mitchell Avenue NE, Olympia

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

$932,000
2447858 MLS ⋅ SOLD Status
Attention Investors!! Well maintained 4-plex, 2 duplexes, in a great location with a 7.4 cap rate! All 4 units have the same layout and are 2 bedroom, 1 bathroom, 830+/- sqft with one car garages and large fenced back yards. Tenants pay water & garbage and the sewer is on septic so no monthly bills for the owner. Close to all amenities and located on a dead end street.

2515 Mitchell Avenue NE, Olympia

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

$765,000
2416244 MLS ⋅ SOLD Status
New roof, decking and upgrade to ridge line vent system. Units 2-4 updated in 2020. Unit 1 updated in 2025. Fully rented with paying tenants. One level building with all units facing a courtyard. No one above or beneath each unit and the utility room separates the walls of each unit. Shared laundry with room in each unit to upgrade and put a W/D in the hallway closet. Two off street parking spaces per unit. Close to shopping, dining and freeways.

1126 Neil Street NE, Olympia

Listing courtesy of HomeSmart Real Estate Assoc. Selling Office: Lookup Realty.

$750,000
2402468 MLS ⋅ SOLD Status
Fully rented 4-plex in the Olympia School District. Each unit includes its own garage and in-unit washer and dryer, a rare combination that adds convenience and long-term appeal. Three of the four units have been beautifully remodeled top to bottom with updated kitchens, new flooring, and modern finishes. Major exterior updates include new concrete plank siding, newer roof, and windows, ensuring lower maintenance and long-term durability. Located minutes from parks, schools, and shopping, this well-maintained property attracts strong tenant demand. Reliable rental history, desirable unit features, and potential for increased rents make this a smart addition to any portfolio. A solid opportunity for new and seasoned investors.

1103 Creekwood Court SE, Olympia

Listing courtesy of BHGRE - Northwest Home Team. Selling Office: RE/MAX Advantage.

$825,000
2401503 MLS ⋅ SOLD Status
Amazing investment opportunity with this consistently-rented fourplex. Each townhouse-style unit has 2 bedrooms and 1.5 baths. Convenient location just minutes from amenities and the freeway for an easy commute. One covered parking spot for each unit, plus 4 guest spots. Siding repair is in process. One unit has been completely remodeled and another recently refreshed with new carpets and paint. All units are currently leased at below-market rents, for instant earning potential with room to grow. One unit is leased through July '26, all other are month to month.

9326 Skokomish Way NE, Olympia

Listing courtesy of Redfin. Selling Office: ZNonMember-Office-MLS.

$750,000
2290686 MLS ⋅ SOLD Status
Investor's Dream! Four-plex in the heart of Olympia with three occupied units and one newly remodeled vacant unit! Ready for a new tenant or owner-occupied opportunity. Each unit has two bedrooms, a bathroom, kitchen with eating space, living room. Downstairs has front and back door access. Upstairs get a quaint exclusive deck space. Two washers, two dryers in common laundry area. Parking lot has four individual spaces. Walking distance of downtown Olympia, state offices, Madison Elementary, waterfront, dining, entertainment.

1015 Legion Way SE, Olympia

Listing courtesy of MVP Realty Group. Selling Office: Multifamily Properties.

$1,315,000
2216578 MLS ⋅ SOLD Status
Rare investment opportunity w/great cap rate, offering potential for instant positive cash flow. Buyers & tenants will love calling this place home, perfectly situated in sought after NW Olympia, w/multiple schools nearby. 2003 built quadplex consisting of four townhomes, each with 3 bedrooms, 2.5 bathrooms, private garage, additional parking space & personal decks. Thoughtful open floorplans allowing ease of living. Incredible location making these homes a commuter's dream, a stone's throw from parks, groceries, gas stations, countless eateries & entertainment. This will make a great owner-occupied investment or addition to a real estate portfolio. New roof in 2023, fresh exterior paint & insulation in 2024. Invest in your future.

2411 Conger Avenue NW, Olympia

Listing courtesy of Windermere RE West Campus Inc. Selling Office: Skyline Properties, Inc..

$1,330,000
2215586 MLS ⋅ SOLD Status
Great Olympia West Side investment opportunity, 2 fully occupied duplexes on a secluded lot in the Bay Hill. Each of the 4 townhome-style units feature lots of windows & light, laminate wd flrs, ktchns w quartz cnter tops, SS appliances & territorial views. Convenient location in a quiet neighbrhd close to shopping, schls, freeway access & downtown Olympia. These large, nicely maintained duplexes were built in 2014 & are well positioned for new ownership. Each unit offers 1,467 sq ft w lots of windows & includes 3 bedrms & 2.5 baths, fenced backyard & patio, 1 oversized single-car garage & lots of parking. Please DO NOT CONTACT TENANTS. These are clean, well-maintained units in a great location & a fantastic asset to add to your portfolio!

515 Fire Willow Street NW, Olympia

Listing courtesy of Coldwell Banker Evergreen. Selling Office: ShopProp Inc..

$873,000
2125549 MLS ⋅ SOLD Status
Welcome to the perfect investment opportunity! This exceptional property features four spacious 2-bedroom, 1-bath units. Highly desired West Olympia location. Well maintained condition, fresh exterior paint, rents are currently below market value, it offers an excellent return on investment. Each unit has their own garage as well as 1 reserved space along with ample guest parking. Situated in a vibrant community, it fosters long-term tenancies and remarkable profitability. Current cap rate at 4.2% with realistic cap rate at 7.18% at market rent. Contact us now to maximize returns on this exceptional investment!

2116 Soroya Court SW, Olympia

Listing courtesy of Mondau Real Estate. Selling Office: Skyline Properties, Inc..

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.