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Investment - Homes for Sale in Olympia, WA

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  • /15

    $50,000

    • Land
    • 9,282 Sq Ft
    • $234,632 per Acre

    7609 Lakeside St SW, Olympia, WA 98512

    Embrace the best of lake-area living with this 9,283 sq ft (.21ac) lot located near scenic Black Lake in Olympia! This peaceful property offers the perfect setting for your future home, vacation retreat, or investment. Enjoy nearby amenities including public lake access for boating, fishing, and swimming, along with parks, trails, and picnic areas. Conveniently located close to shopping,

    Agent Photo

    Thomas Earnest

    John L. Scott, Inc.

    (360) 995-1032

    7609 Lakeside St SW, Olympia, WA 98512
  • /31

    $499,000

    • 4 Beds
    • 2 Baths
    • 1,808 Sq Ft

    4416 Ridgewood Ct NW Unit A & B, Olympia, WA 98502

    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

    Jeri Snyder The Rants Group

    4416 Ridgewood Ct NW Unit A & B, Olympia, WA 98502
  • /2

    $550,000

    • 4 Beds
    • 2 Baths
    • 1,832 Sq Ft

    1414 Hensley St NE Unit 1412, Olympia, WA 98516

    NICE PASSIVE INVESTMENT! Centrally located in the heart of Lacey, this charming duplex is within walking distance of grocery stores, restaurants, and shopping. Tucked away at the end of the street for added privacy, the property features a spacious fenced backyard with mature trees. This well-maintained single-story duplex. Each unit offers 2 bedrooms, 1 bathroom, utility room with washer and

    Margo Street Networks Real Estate LLC

    1414 Hensley St NE Unit 1412, Olympia, WA 98516
  • /39

    $615,000

    $10K PRICE DROP
    • 4 Beds
    • 4 Baths
    • 2,486 Sq Ft

    1007 Lybarger St SE, Olympia, WA 98501

    Outstanding investment opportunity or owner occupant duplex. This duplex has been very well maintained. Each unit features 2 bedrooms, 1.5 baths, fireplace, washer/dryer and single car garages. Unit 1009 has new carpet, paint and heat pump. Large private backyards with one unit completely fenced. Units have their own water meters and units are currently vacant for ease of showing. Olympia Schools

    Steve Garrett Windermere Real Estate Olympia

    1007 Lybarger St SE, Olympia, WA 98501
  • /40

    $1,250,000

    • 5 Beds
    • 3 Baths
    • 3,386 Sq Ft

    1100 Wilson Rd NW, Olympia, WA 98502

    Beautiful & spacious home on just shy of 31 stunning Acres – Equestrian Paradise. Ready for all your animals. Last home on the road gives you total privacy. Zoned one residence per five acres, investment potential or future compound? Endless possibilities. The property boasts a stunning blend of modern luxury and natural beauty, featuring Brazilian cherry hardwood floors and elegant granite

    Emma Kowalski Keller Williams South Sound

    1100 Wilson Rd NW, Olympia, WA 98502
  • /13

    $125,000

    • Land
    • 12,632 Sq Ft
    • $431,034 per Acre

    5825 Stellar Ln SE, Olympia, WA 98513

    Rare opportunity to secure a development-ready lot with strong upside and a low barrier to entry. This 0.29-acre parcel offers an excellent opportunity for investors, builders, or buyers ready to bring their vision to life. Whether you're planning a rental, resale, custom home, or a manufactured home for faster completion, this property is primed for success.The level, cleared lot is equipped

    Bojana Foster Signature Service RE Olympia

    5825 Stellar Ln SE, Olympia, WA 98513
  • /36

    $575,000

    $25K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,588 Sq Ft

    521 & 523 Boulevard Rd SE, Olympia, WA 98501

    Outstanding opportunity in a highly desirable Olympia location! Featuring two income-producing 2-bedroom, 1-bath homes on one lot, plus a separate adjacent building lot zoned 4–8 units per acre. Currently rented, offering immediate returns with future upside. 523 is 769 sq. ft., built in 1962, and has been updated with a newer roof, flooring, and siding, and rented for $1,670.00 a month, while

    Julia Galleher Keller Williams Realty PS

    521 & 523 Boulevard Rd SE, Olympia, WA 98501
  • /21

    $699,001

    • 5 Beds
    • 3 Baths
    • 2,383 Sq Ft

    1438 Fones Rd SE Unit A&B, Olympia, WA 98501

    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

    Satish Kanchukatla Kelly Right RE of Seattle LLC

    1438 Fones Rd SE Unit A&B, Olympia, WA 98501
  • /2

    $294,999

    $25K PRICE DROP
    • Land
    • 3.15 Acres
    • $93,650 per Acre

    8145 Evergreen Dr NE, Olympia, WA 98506

    This vacant lot offers an excellent opportunity to build your future home or make a smart investment. Situated in a desirable neighborhood, the property features 3.15 acres with wooded terrain. Community water is available, septic is required. Enjoy a peaceful setting while remaining conveniently located near shopping, dining, schools, and major highways, providing easy access to city amenities.

    Joel Hinckley PlatLabs, LLC

    8145 Evergreen Dr NE, Olympia, WA 98506
  • /38

    $650,000

    $20K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 2,060 Sq Ft

    5501 89th Ave SE, Olympia, WA 98513

    Over 2,000+ sq ft | 4 bed · 2 bath ~ almost 8 acres — NO HOA! — this peaceful & serene Prime Olympia farm-home on acreage w additional buildable flat parcel opportunity. Just minutes to Tumwater’s top-rated schools, shopping & dining. i5 is less than 15min away along w the cities of Tumwater, Olympia, & Lacey. 30min to JBLM. An hour to Seattle & less than 2 to Portland. Best of both worlds. New

    Jackie Davis eXp Realty

    5501 89th Ave SE, Olympia, WA 98513
  • /40

    $695,000

    • 2 Beds
    • 1 Bath
    • 880 Sq Ft

    2838 Steamboat Island Rd NW, Olympia, WA 98502

    Experience the magic of Puget Sound living on Steamboat Island! Tucked away just outside Olympia, this low-bank waterfront property offers, opportunity to enjoy one of the South Sound’s most unique waterfront communities. The property features a 2-bedroom, 1-bath mobile home & detached-2 story, 2-car garage. Cross the quaint bridge onto the island and discover a peaceful getaway surrounded by

    Julia Runyan RE/MAX Exclusive

    2838 Steamboat Island Rd NW, Olympia, WA 98502
  • /24

    $600,000

    • Land
    • 43.27 Acres
    • $13,866 per Acre

    0 Summit Lake Rd NW Unit NWM2494450, Olympia, WA 98502

    Buy land! They're not making any more of it! This is a rare investment opportunity to own 40+ acres of developable land in the desirable Summit Lake community, including a public boat launch and community center. Two parcels included in the sale for total of 43.27 acres (13808330000 is 32.67 and 13819220000 is 10.6). Bring your house plans for total seclusion, divide into multiple dwellings.

    Todd McAntosh Northfork Realty

    0 Summit Lake Rd NW Unit NWM2494450, Olympia, WA 98502
  • /8

    $2,000,000

    • 12 Beds
    • 10 Baths
    • 5,834 Sq Ft

    517 Oso Berry St NW, Olympia, WA 98502

    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.

    Angad Mahal Pacific Residential Brokers

    517 Oso Berry St NW, Olympia, WA 98502
  • /9

    $270,000

    • Land
    • 8.65 Acres
    • $31,214 per Acre

    8600 Steamboat Island Rd NW, Olympia, WA 98502

    Acreage in the county with rare waterfront potential—this is the perfect setting for your custom vision! Expansive 8.6-acre estate property offering a blank canvas in a highly sought-after location. Featuring 309' of frontage on Steamboat Island Rd NW, 1176' depth on the north side, 1272' on the south, and approx. 50' of waterfront on Sanderson Inlet at the far end of the property, this parcel

    Anya Myer RE/MAX Parkside Affiliates

    8600 Steamboat Island Rd NW, Olympia, WA 98502
  • /21

    $314,000

    • 3 Beds
    • 1.5 Baths
    • 990 Sq Ft

    408 Steele St SE, Olympia, WA 98501

    Check out this one of a kind home before it is gone! With 3 bedrooms and 2.5 bathrooms this 990 square foot home lives large. This home features an updated kitchen and plenty of space spread between 1.5 stories and a basement, including additional storage. Whether you're looking for a starter home or an investment this property provides plenty of opportunity. Centrally located in East Olympia

    Chad Link Elite Properties

    408 Steele St SE, Olympia, WA 98501
  • /18

    $710,000

    $40K PRICE DROP
    • 4 Beds
    • 6 Baths
    • 2,632 Sq Ft

    420 Bungalow Dr NW, Olympia, WA 98502

    Great opportunity to add to your investment portfolio, offering potential for instant cash flow. This 2007 duplex features 2 townhomes, each w/2 bedrooms & 2.5 bathrooms. One unit includes a two-car garage, while the other offers a one-car garage w/additional storage; both units have driveway parking & private backyards. The homes offer thoughtfully designed open concept floor plans perfect for

    Mike Duggins RE/MAX Parkside Affiliates

    420 Bungalow Dr NW, Olympia, WA 98502
  • /40

    $1,070,000

    • 1 Bed
    • 2.5 Baths
    • 3,064 Sq Ft

    1521 Summit Lake Shore Rd NW, Olympia, WA 98502

    Get your lake place now and be ready for summer at beautiful Summit Lake! This rare low-bank waterfront home captures expansive southwesterly views and sits at the ideal end of the lake for sun, space, and a true getaway feel. Bright and inviting, the main level features an open kitchen and living area flowing seamlessly to a huge deck, perfect for entertaining or soaking in long summer evenings.

    Julie Cooke Coldwell Banker Evergreen

    1521 Summit Lake Shore Rd NW, Olympia, WA 98502
  • /40

    $2,988,888

    • 3 Beds
    • 2.5 Baths
    • 4,247 Sq Ft

    3538 Sunset Beach Dr NW, Olympia, WA 98502

    Upon arrival to the gated entrace and tree-lined driveway, you are transported to your own sanctuary. This custom built home & property is a rare blend of privacy, luxury, & Pacific Northwest beauty. Nestled on 2.2 acres along coveted Sunset Beach, this estate offers over 3,300 square feet of refined living with sweeping water views, timeless craftsmanship, & serene natural surroundings. From

    Tim Fischer Windermere West Metro

    3538 Sunset Beach Dr NW, Olympia, WA 98502
  • /6

    $850,000

    • 6 Beds
    • 6 Baths
    • 2,992 Sq Ft

    3145 5th Ave NW, Olympia, WA 98502

    Solid investment opportunity in West Olympia! This fully occupied duplex features two spacious 3BD/2.5BA units with strong rental income. Solid 4.12% cap rate makes this an attractive addition to any investment portfolio. Both units tenant occupied — please do not disturb tenants. Showings following accepted offer.

    Angad Mahal Pacific Residential Brokers

    3145 5th Ave NW, Olympia, WA 98502
  • /22

    $449,950

    • Land
    • 6.68 Acres
    • $67,358 per Acre

    3502 40th Ave SE, Olympia, WA 98501

    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

    Gabriel Hofer Skyline Properties, Inc.

    3502 40th Ave SE, Olympia, WA 98501

Home Trends in Olympia, WA

Housing Trends

Median Sale Price
$544,945
Median Single Family Sale Price
$565,000
Median Townhouse Sale Price
$416,450
Median 2 Bedroom Sale Price
$387,500
Median 1 Bedroom Sale Price
$185,000
Average Price Per Sq Ft
$300
Number of Homes for Sale
153
Last 12 months Home Sales
1,004
Months of Supply
1.80
Median List Price
$569,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
7%
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