Estimated payment $5,143/month
Great investment opportunity! Sitting on just over 3/4 of an acre, this 4plex offers two units upstairs and two downstairs. Each unit has 2 bedrooms, 1 bathroom, a dining room, a kitchen and a large balcony or patio with a storage closet. There is a carport with 4 stalls and 4 additional parking spaces. Mature landscaping gives off a park like setting, while being very close to shopping. Walking distance even!All units are occupied and on a month to month contract.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2378647
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Listing and Financial Details
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | Price Changed | $840,000 | 0.0% | $230 / Sq Ft |
| 07/11/2025 07/11/25 | For Sale | $840,000 | -5.5% | $230 / Sq Ft |
| 06/29/2025 06/29/25 | Pending | -- | -- | -- |
| 05/23/2025 05/23/25 | For Sale | $889,000 | -- | $244 / Sq Ft |
$975,000
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 is in process of replacement. One unit has been completely remodeled and another recently refreshed with new carpets and
Jessica Kammeyer Redfin
$649,950
Rare opportunity in Lacey—two detached single-family homes on one lot, each with its own charm and privacy. Both homes are currently rented, offering consistent occupancy and strong cash flow with an estimated 6.3% cap rate. One tenant is long-term, adding stability to this solid income-producing property. Located in a desirable area close to amenities, this is a smart addition to any investor’s
Noe Quezada BHGRE - Northwest Home Team
$959,000
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
Palmer Higa BHGRE - Northwest Home Team
$710,000
NEW ROOF installed 5/2025 on the main home (not detached garage). This spacious duplex presents a rare find in Olympia's Eastside. a location dream w/ bus routes, bike paths & walkability to downtown, farmers market, boardwalk, the Sound & local restaurants. Great rental history! two 1500+ft, 3 bed/2.5 bath units, open concept w/ peninsulas. Separate fenced yards, decks, covered front porches,
Whitney Hamlin eXp Realty
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2378647
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