Estimated payment $5,774/month
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 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.
Listing Agent
Jessica Kammeyer
Redfin License #24001081 Listed on: 07/01/2025
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2401503
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2025 08/15/25 | Pending | -- | -- | -- |
| 08/04/2025 08/04/25 | Price Changed | $915,000 | -3.2% | $193 / Sq Ft |
| 07/28/2025 07/28/25 | Price Changed | $945,000 | -3.1% | $200 / Sq Ft |
| 07/01/2025 07/01/25 | For Sale | $975,000 | -- | $206 / Sq Ft |
$830,000
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.
Lisa Kirk St Clair Realty
$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
$750,000
Discover this well-maintained duplex in sought after NW Olympia, offering a great 7.35 cap rate, renting at $2700/unit! Perfect for investors seeking immediate positive cash flow. Each spacious townhome features 3 bedrooms, 2.5 bathrooms, large living spaces, private garages and driveways. Residents enjoy in-unit washer/dryer hookups, spacious kitchens, brand new flooring throughout, and large
Peter Warren Windermere RE West Campus Inc
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2401503
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