Courtesy: Better Properties N. Proctor
253-761-8888
Josh Carlson
Great investment property! Own a whole neighborhood. On a private cul-de-sac with 3 duplexes and 3 homes each on individual parcels. 9 total units on 6 parcels. Each property is connected to sewer and public utilities. Just add individual water meters to each and you can sell them separate. Units are in great shape. Multiple new kitchens and interior updates over the past few years. The city is bringing road enhancements along Fones road now. Close in location, easy freeway access, excellent stable rental income. Many possibilities with property; hold and cash flow or sell each off individually. Property is located in "opportunity zone" with tax benefits, might be an estate planning stategy. Take advantage of this unique opportunity.
Courtesy: Virgil Adams Real Estate, Inc.
360-352-3756
Rick Wilson
Cooper Point area Duplex! Finally the investment property you've been looking for... Well maintained, updated, great location and easy to move in as owner occupied! Built in 1971, each unit offers 2 bed, 1.5 bath, 978sf & storage space. Units feature laminate or LVP flooring, ductless heat pump, vinyl windows, fireplace & appliances included. Full bathrooms are big & both bath have tile floors, kitchens are spacious w/tile backsplash. Each unit has a carport space and storage closet. Outbuilding could generate extra income for storage needs. This property boasts a unique layout that provides privacy for each unit. The back unit borders a forested area w/cedars & vibrant rhododendrons. Close to schools, shopping, freeway, parks and more!
Courtesy: Windermere RE West Campus Inc
253-838-7900
Peter Warren
Incredible investment opportunity w/great cap rate & rental history, offering potential for instant positive cash flow. Buyers & tenants will love calling this place home. 2007 built duplex consisting of two townhomes, each home contains 2 bedrooms, 2.5 bathrooms, one unit has a 2 car garage, the other has 1 car w/storage, both have driveway parking & a private backyards. These live like single family homes, open concept floorplans, 18 ft ceilings & gas fireplaces. Beautiful community with tree lined streets, walking trail, moments from schools, parks, groceries, gas stations, countless eateries & entertainment. Professionally maintained & managed. This will make an incredible addition to any real estate portfolio. Invest in your future!
Courtesy: Windermere RE West Campus Inc
253-838-7900
Peter Warren
Rare investment opportunity w/great cap rate & rental history, offering potential for instant positive cash flow. Buyers & tenants will love calling this place home. 2003 built duplex consisting of two townhomes, each home contains 2 bedrooms, 2.5 bathrooms, expansive two car garage & a private backyard. Thoughtfully designed open concept floorplans perfect for entertaining, w/soaring living room ceilings, gas fireplaces, & abundant natural light throughout both homes. Incredible location making these a commuter's dream, a stone's throw from schools, parks, groceries, gas stations, countless eateries & entertainment. Perfect first-time real estate investment and desirable addition to any real estate portfolio. Invest in your future today!
Courtesy: Windermere RE West Campus Inc
253-838-7900
Peter Warren
Incredible investment opportunity w/great cap rate & rental history, offering potential for instant positive cash flow. Buyers & tenants will love calling this place home. 2005 built duplex consisting of two townhomes, each home contains 2 bedrooms, 2.5 bathrooms, one unit has a 2 car garage, the other has 1 car w/storage, both have driveway parking & a private backyards. These live like single family homes, open concept floorplans, 18 ft ceilings & gas fireplaces. Highly desired location making these a commuter's dream, moments from schools, parks, groceries, gas stations, countless eateries & entertainment. Professionally maintained & managed. This will make an incredible addition to any real estate portfolio. Invest in your future!
Courtesy: Cycle Real Estate Inc.
360-753-0916
Steve Watts
Great location, each unit has 1 bedroom, 1 bath with a spare room. It has high long term vacancy rate with low expenses. Makes for a great investment.
Courtesy: COMPASS
425-242-6440
Lisa Le
Exceptional Investment Opportunity in the Heart of Olympia! Discover this well-maintained and fully occupied TRIPLEX featuring 11 units, offering a rare investment opportunity in a prime and central location. Tenants can enjoy easy access to local shops, dining, and public transportation ensuring high occupancy rates and consistent rental income. The property includes shared laundry facilities and ample parking space, valuable assets in this bustling area. Each unit is thoughtfully designed for long-term tenancy, making it ideal for investors looking to expand their portfolio in a thriving area. With a strong rental history and growth potential, this property combines stability with room for appreciation!
Courtesy: MLS4owners.com
253-460-1900
Chris Nye
Amazing opportunity for investors or homeowners! Well maintained duplex in desirable SE Olympia. 3BR/1Bath & 2BR/1Bath. Currently leased with stable rental history (non-smoking; no pets). Single story units; large open living spaces; enclosed garages each side; long driveway for additional parking. Newer roof; large private backyards/patio areas, dedicated interior laundry hookups and hot water heaters on both sides; recently upgraded bathrooms/kitchens; newer laminate flooring in 3BR. Olympia Schools; on city bus line; close to medical and retail. Live on one side or continue renting both units. Showing by appointment only after offer is submitted/accepted contingent upon viewing the property. Please do not disturb tenants.
Courtesy: BHGRE- Northwest Home Team
360-529-0992
Abby Mondau
Discover this amazing investment opportunity in the highly desirable Eastside Neighborhood. This historic Triplex offers 3 - 2 bedroom, 1 bathroom units each with their own kitchen, living and dining space. Each unit also comes with its own washer and dryer for an additional bonus to tenants. Additionally the garage also has amazing potential to easily be converted in a fourth unit without impacting parking. Enjoy outdoor living with beautiful raised garden beds surrounded by mature landscaping in the fully fenced private backyard. A short distance to the San Francisco St Bakery, blocks from Roosevelt Elementary and Reeve's Middle School and just minutes to all amenities and Downtown this charming property is a rare find.
Courtesy: Redfin
360-558-3945
Kareem Dixon
This well-maintained duplex nestled in a desirable West Olympia neighborhood is a great investment opportunity. The home features two identical units, with one currently vacant and ready for occupancy, while the other is occupied, ensuring a 0% vacancy rate. Each unit offers a spacious layout with 2 bedrooms and 1 bath. This property is perfect for investors seeking reliable income or buyers looking to live in one unit while generating rental income from the other. Don't miss out on this incredible chance to secure a solid investment in a growing market!
Courtesy: Better Properties Lacey
360-584-9427
Nicole Braam
Welcome to the perfect turn-key investment opportunity on a spacious lot, quiet cul-de-sac in West Olympia’s Normandy Park. Walking distance to shops, parks, schools, & more. This exceptional duplex property features 2 spacious 2-bedroom, 1.5-bath units. 2010 side is completely renovated with new paint, floors, kitchen & appliances, like new and vacant (washer only/no dryer). 2008 unit has been owner occupied in well-maintained condition. 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.
Courtesy: Real Broker LLC
855-450-0442
Charles Grate
Excellent redevelopment site in Olympia's downtown Opportunity Zone. Prominently located near the State Capital, this 5,940 SF site is a perfect opportunity for a mixed-use development. This site features territorial views of the Olympic Mountains and Mount Rainier and currently has a Duplex to provide income while going through the design and permitting process. This close proximity to the State Capital combined with the excellent tax advantages of being in an Opportunity Zone makes this an excellent investment choice.
Courtesy: Greene Realty Group LLC
360-528-4160
Jeffrey Weeks
Unique Investor or Developer Opportunity in Downtown Olympia! Don't miss this one! Listing includes a duplex and 7-plex on one parcel and a leased parking lot. Under market rents, all tenants on month to month tenancy. Units offer a mix of studios and one-bedrooms. Parking spots lease for $30/mo with over 20 stalls! Close to downtown, waterfront, and shopping. Zoned UR (Urban Residential), allows for high-rise redevelopment or mixed-use opportunities!
Courtesy: Highmark Partners
206-895-2988
Justin Kraft
Introducing STATESIDE FLATS located at 210 Bethel St NE, Olympia, WA 98506. 27 units with 32 parking stalls, offering a lucrative investment listed at $5.3 million. Conveniently situated just blocks from downtown Olympia and the state capitol, residents enjoy easy access to transit and major roadways for seamless commuting. With a current cap rate of 6.31%, there is ample potential for a new owner to capitalize on rental upside. The property underwent significant renovations over the past three years, totaling approximately $600,000, including interior updates such as new flooring and cabinets, alongside exterior enhancements like new siding, roof replacement, and landscaping upgrades. *Disclosure Broker is part of the ownership group
Courtesy: CENTURY 21 Lund, Realtors
360-748-8619
Heather Marti
Classic farmhouse on 7.46 acre with 3 bedrooms, 2 bath, 1981 square feet. First time on market in over 30 years! Den/office on main could be primary with bathroom next to room. Spurgeon Creek running through lower part of property with beautiful territorial views. Large 3 bay detached shop w/power, & smaller shop area next to attached carport. Two well maintained manufactured homes on property with separate electric meters and septic systems, smaller one has been recently updated in all areas. All roofs are 6 years old or newer.Chicken coop & 2 horse stall. Property is fenced and cross fenced. Hardwood on main floor, and carpet/laminate vinyl throughout home. Plenty of pasture land for your animals of choice.Come view your new home today!
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Olympia is located in Washington. Olympia, Washington has a population of 54,579. Olympia is less family-centric than the surrounding county with 29.26% of the households containing married families with children. The county average for households married with children is 31.46%.
The median household income in Olympia, Washington is $67,975. The median household income for the surrounding county is $81,501 compared to the national median of $69,021. The median age of people living in Olympia is 38.4 years.
The average high temperature in July is 77.1 degrees, with an average low temperature in January of 33.9 degrees. The average rainfall is approximately 52.7 inches per year, with 6 inches of snow per year.
