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South Capitol Homes for Sale

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  • /40

    $750,000

    • 5 Beds
    • 5 Baths
    • 3,447 Sq Ft

    2117 Adams St SE, Olympia, WA 98501

    Updated 1920’s duplex in historic South Capitol Neighborhood where freedom, charm & convenience collide! Enjoy new roof, no HOA & views of Lincoln Elementary garden next door. Double-pillar covered front porch overlooks easy-care front turf lawn & long driveway to 4-car garage/shop. Unit A offers a new deck, 3BR, 3/4 en-suite bath, full main bath & a massive vaulted primary bdrm/bonus w/4 walk-in

    Jami Downing Abbey Realty Inc

    2117 Adams St SE, Olympia, WA 98501
  • /24

    $575,000

    • 2 Beds
    • 2 Baths
    • 1,316 Sq Ft

    2011 Water St SW, Olympia, WA 98501

    This lovely view property next to a pocket park is in the South Capitol neighborhood which is one of Olympia's most sought-after areas; it's a peaceful area just minutes from the state capitol, markets, restaurants in downtown Olympia. This renovated duplex with beautiful refinished red oak floors has plenty of windows toward the lake; relax by the working wood stove upstairs or on the deck of

    Spence Weigand Virgil Adams Real Estate, Inc.

    2011 Water St SW, Olympia, WA 98501
  • /29

    $525,000

    • 4 Beds
    • 2 Baths
    • 1,524 Sq Ft

    518-520 18th Ave SE, Olympia, WA 98501

    This well-maintained duplex in Olympia's South Capitol neighborhood is an excellent investment opportunity, featuring two 2-bedroom, 1-bath units. It's ideal for both investors and owner-occupants. The single-story property includes a newer roof, a shared two-car garage with storage, and a private driveway. Each unit has private fenced backyards. Easy access to shopping, dining, public

    Terrance Meyer Better Properties - Metro

    518-520 18th Ave SE, Olympia, WA 98501
  • /26

    $475,000

    • 4 Beds
    • 2 Baths
    • 1,786 Sq Ft

    1814 Franklin St SE, Olympia, WA 98501

    This well-kept duplex offers a fantastic investment opportunity with low tenant turnover & long-term rental stability. Perfect for investors or owner-occupants, this property features two distinct units. One unit boasts 3 beds & 1 bath. Other unit features 1 bed & 1 bath, plus a fireplace! Two dedicated parking spaces available. Brand new roof! Whether you’re looking to generate steady rental

    Ron Rougeaux eXp Realty

    1814 Franklin St SE, Olympia, WA 98501

Why Live in South Capitol

South Capitol in Olympia is a predominantly residential neighborhood known for its early 20th-century homes, including Craftsman bungalows and two-story houses, with some midcentury ranch-style homes. The area features small, well-maintained yards and old-growth trees, contributing to its historic charm. Capitol Lake, on the western edge, offers popular walking and jogging paths, while Stevens Field on the east side provides playgrounds and softball fields. The Washington State Capitol Building and Campus on the north side are open to the public, showcasing memorials, gardens, and neoclassical architecture. Although shopping and dining options within the neighborhood are limited, residents enjoy the Olympia Baking Company and the convenience of Frog Pond Grocery. For more extensive shopping and dining, downtown Olympia is less than a mile away, featuring the Olympia Farmers Market, and West Olympia’s commercial district is a 4-mile drive. The neighborhood is highly walkable, with many residents opting to walk or bike downtown. Interstate 5 provides easy commuting, with Joint Base Lewis-McChord less than 15 miles away and Tumwater just 2 miles south. Public transportation is accessible via multiple Intercity Transit bus routes. The highly rated public schools in the area are part of the Olympia School District, with Avanti High School notably offering a unique in-school bike shop program.

Frequently Asked Questions

Is South Capitol a good place to live?
South Capitol is a good place to live. South Capitol is considered somewhat walkable and very bikeable with some transit options. South Capitol has 3 parks for recreational activities. It has a median age of 45. The average household income is $130,683 which is above the national average. College graduates make up 78.5% of residents. A majority of residents in South Capitol are home owners, with 47% of residents renting and 53% of residents owning their home. A local real estate agent serving South Capitol can help you decide if this neighborhood is the right one for you. Learn more on our South Capitol neighborhood guide.
How much do you need to make to afford a house in South Capitol?
The median home price in South Capitol is $599,999. If you put a 20% down payment of $120,000 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $3,050 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $131K a year to afford the median home price in South Capitol. The average household income in South Capitol is $131K.
What are the best public schools in South Capitol?
The best public schools that serve South Capitol are:
What are the best private schools in South Capitol?
The best private schools that serve South Capitol are:
What are the most popular zip codes in South Capitol, Olympia, WA?
The most popular zip codes in South Capitol, Olympia, WA include 98501, 98502, 98512, 98506 and 98503.
What are the most popular neighborhoods near South Capitol, Olympia, WA?
The most popular neighborhoods near South Capitol, Olympia, WA are Downtown Olympia, Carlyon-North, Tumwater Hill, Indian Creek and Eastside.
Are home prices dropping in South Capitol?
Yes, home prices in South Capitol are down 13% in the last 12 months.

Home Trends in South Capitol, WA

Housing Trends

Median Sale Price
$600,000
Median Single Family Sale Price
$600,000
Median Townhouse Sale Price
$581,000
Average Price Per Sq Ft
$346
Number of Homes for Sale
1
Last 12 months Home Sales
21
Months of Supply
0.60
Median List Price
$599,999
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-13%
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