Thurston County WA Multifamily Homes & Duplexes for Sale

Welcome to 3217 Mayfair, a charming duplex located right behind SPSCC. This beautifully maintained property features two spacious units. A 3 bed/2 bath & a 2bed/1bath. The perfect rental opportunity for both investors & homeowners. Recent flooring and paint updates. The inviting layouts include open living areas filled with natural light, well-appointed kitchens, and cozy bedrooms. Conveniently

Robert Elvin Realty One Group Bold

Long Lake Luxury +Passive Income = Dream Waterfront Setup! Over 6500sqft & flex layouts to use as 1, 2 or 3 units. Airbnb with private entrance, stays furnished & grossed $25K last yr without summer bookings! Unit A has main floor primary 3BR + den, gym-ready basement and sauna. Unit B can stay whole or split again. All have waterproof luxury vinyl plank throughout, quartz counters, separate

Jami Downing Abbey Realty Inc

Well built duplex with great rental history and market leading rents on the popular Cooper Point peninsula. Private lot in a quite wooded community creates an ideal setting for an investor or owner occupant. Large 1200+ sqft units with great open floor plan, 3 beds, 1.5 baths, and attached 1 car garage. Vacant unit has updated flooring, paint, and a fully redone main bath. Brick siding is easy to

John Stormans Olympic Sotheby's Int'l Realty

Great rental investment opportunity! This duplex offers 2BR, 1BA, and 720sqft on each side. It is in a great location, close to all city amenities, shopping, and schools. Long-term renters for over 13+ years. Live on one side and rent the other. Bring your vision and put your personal touches into action! It is minutes to I-5.

Polly Barber Virgil Adams Real Estate, Inc.

Unit 1 vacant for an excellent owner occupied opportunity. Unit 1 is currently getting new flooring, paint and bathroom. Excellent tenants. One level building with all units facing a courtyard. No one above or beneath each unit and the utility room separates the walls of each unit. Shared laundry with room in each unit to upgrade and put a W/D in the hallway closet. Two off street parking spaces

Eboni Allen HomeSmart Real Estate Assoc

Perfect for both owner-occupants and savvy investors, this well-maintained duplex offers two mirror-image units, each with 2 bedrooms, 1 bathroom, and an attached one-car garage. Enjoy the privacy of separately solid fenced yards, ideal for pets, gardening, or outdoor entertaining. Located in a desirable Tumwater neighborhood in a quiet cul de sac with easy access to schools, shopping, I-5, and

Michelle Wallace Keller Williams Realty PS

Great investment opportunity, well maintained duplex with garage's and additional assigned parking (7 total). Big 11213 sqft lot with low maintenance yards for easy upkeep. Updated Laminate flooring throughout both units keeping maintenance and repair cost down. Many updates in both units. Conveniently located on Tumater Hill with quick access to I-5, HWY 101, JBLM, schools, shopping, and parks.

Michael Barber NextHome Northwest Group

Opportunity is knocking! Investors looking for a great rental property or Owner Occupancy Shoppers! This duplex has been very well cared for and very well maintained. Approximately 3 years ago, both units have had new floor coverings installed, New Kitchen Countertops; Complete remodel of both bathrooms, All new interior paint, All new thermopane exterior windows, Crawl Space professionally

Scot Nicholson John L. Scott Dupont

Well-maintained 2-story duplex featuring 2 Bed / 1.5 Bath per unit. Open kitchen concept with some modern updates completed within the last 7 years. Each unit includes a fully fenced backyard, ideal for privacy or pets. Newer membrane roof offers long-term durability and low maintenance. Both units are currently month-to-month with long-term tenants and strong rental history. Excellent

Andre Scott Better Properties NW

Fully REMODELED Duplex. LACEY WILL ALLOW ADDITIONAL UNIT(s) to be built, potentially making this a 4 plex! Everything has been updated: New roof; new paint; new kitchens; new bathrooms; flooring; doors; millwork; cabinets; appliances; hot water tanks and more. Vinyl windows. Easy to maintain Vinyl Plank flooring with tile in the bathrooms. Complete new bathrooms and kitchens. WASHER and DRYER

Mike Erdahl Abbey Realty Inc

Investor Alert! Fantastic location in Olympia within the Wilderness Sub Division off of Blvd Rd. Duplex with long term tenants occupying each unit. Each unit has two bedrooms , one and one half baths, dining areas and fireplaces plus single car garages. New Dishwasher and Stove installed July 2025 in unit #2813. Kitchen in unit #2811 has Granite countertops. Easy access to public

Lisa Jech Designed Realty

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

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.

Welcome to a unique and lucrative opportunity for investors, developers, or owner-occupants seeking strong cash flow potential and future development upside. This remodeled duplex sits on a generous .38 acre lot, offering both turn-key living and the ability to expand and maximize value. With a use code that allows for 2-4 units and an 18 bedroom septic, this property presents the rare chance

Haley Connor eXp Realty

INVESTOR ALERT! Great rents come with this extremely solid investment. Perfectly situated multi-family property on the Westside, just minutes from shopping, hospital, freeway, schools, and various amenities! One unit has been recently remodeled and the other given updates as well. Make an offer today and watch your investment grow!

Spence Weigand Virgil Adams Real Estate, Inc.

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

Rare add-value multifamily investment opportunity in Lacey! This well-maintained portfolio includes 3 tax parcels with 13 total units: one parcel features a single-family home and a 4-plex, while the other two parcels each include a 4-plex. All units are fully occupied with strong rental history. Conveniently located near I-5, JBLM, shopping, and schools. Great mix of unit types, stable income,

Brian Shin TS Property Management

3 units, 2 houses, 1 lot! All 3 units operate as successful short term rentals. First house is 2 bedrooms divided into 2 units. Unit A has 1 bedroom, full bath & large kitchen w/door that opens to the expansive over 1/2 acre woodsy yard. A Dutch door opens to the attached carport. Unit B is a clever conversion: the primary suite has been transformed into a studio apartment complete w/3/4 bath,

Gretchen Nogler Better Properties N. Proctor

This move-in ready duplex is an excellent house hack or investment opportunity! Tens of thousands of dollars of updates, including newer LVP flooring and interior paint, upgraded kitchens and bathrooms, double pane vinyl widows, in-unit W/D, and exterior paint make this a turn-key rental or home. Dedicated off-street parking and a shed to store your yard tools. Attractive Westside location w/

Aaron Nelson Skyline Properties, Inc.

Attention Investors: Nice duplex near city of Lacey amenities within walking distance to groceries, restaurants and bigger shopping center. This duplex is located at the end street offering privacy. Spacious fenced backyard with some trees. Nice responsible and established tenants who wish to stay. A well-maintained single-story duplex, each unit offers 2-beds, 1-bath, utility room with washer

Margo Street Networks Real Estate LLC

Fantastic opportunity to own a well-maintained duplex in Lacey with a strong rental history. Add to your investment portfolio or live in one side and rent the other. Each two-story unit features 2 bedrooms, a flex room, & 1.5 baths. Main floor living space w .5 bath, upstairs hosts bedrooms/full bath. Both units have large fenced yards, in-unit washer and dryer, a private single-car garage, and

Tarah Yurovchak Redfin

Great Opportunity to own a well-maintained Duplex in downtown Olympia. Live in one and rent the other one or rent them both. 2 Units currently occupied and generating income. Unit #1 is 1 BR, 1 BA 832sf with private access to side/back yard, Unit #2 is upstairs unit with 1 BR, 1 BA 474 sf. Both units are equipped with R/O, Dishwasher, Fridge, W/D. Cap Rate of over 5%. 3 blocks from Capitol

Mark Kitabayashi Windermere Prof Partners

Beautifully maintained home with apartment, in Olympia’s desirable Eastside neighborhood! On a corner lot with mature landscaping, this 1,572+/- sqft property has so much charm. 2 bed, 1 bath main house boasts mid-century character with refinished original hardwood floors, fresh interior paint, and stylish updates including new kitchen counters and backsplash. 1 bed 1 bath apartment is bright &

John Stormans Olympic Sotheby's Int'l Realty

Don’t miss this incredible opportunity to own a fully updated and renovated duplex in one of Olympia’s most desirable locations. Featuring sleek stainless-steel appliances, brand-new Hardie siding throughout, and modern finishes, this property is truly move-in ready. Perfect for investors or owner-occupants alike, each unit offers comfortable living just steps from shops, restaurants, parks, and

Tyler Kanda Greene Commercial

Incredible investment in this charming renovated Duplex of 2196 SF plus 844 SF finished basement - on large lot just minutes from Capitol Campus! 3 bed/1 bath (1835 sf) on one side and a 1 bed/1 bath (1205 sf) on the other. Each side includes private basement w/laundry. Newer hardi siding, windows & doors. AND, newer electrical, plumbing, kitchens, baths, appliances, flooring, driveway,

Jodi Ashline Coldwell Banker Evergreen

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

Unique opportunity to own a potential compound or multi-generational set up. Oversized .63 acre lot features 3 bedroom 1.5 bath, well kept rambler with some updates, newer windows and freshly refinished real hardwood floors. Charming cottage is 1 bedroom, 1 bath w/ a walk-in closet and move-in ready! Possible opportunity for 3rd dwelling, w/ possible changes to the Urban Growth area. Main home on

Courtney Drennon Morrison House Sotheby's Intl

Turnkey Investment – Fully occupied and professionally managed, ensuring immediate cash flow with reliable tenants in place. Strong Rental Income – Each 2-bed, 2-bath unit rents for an average of $1,750, with additional revenue from utility reimbursements and fees. Newer Construction (2020) – Modern, energy-efficient design with durable materials, reducing maintenance costs and enhancing

Zach Strong Prime Locations Inc.

Exceptional opportunity to own a fully leased 11-unit transitional housing property in the heart of Olympia, generating a strong $148,073 in annual NOI. Spread across three buildings, this triplex-configured asset delivers consistent performance with long-term tenancy and stable returns. Features include shared laundry and ample off-street parking—enhancing tenant retention in this central

Lisa Le COMPASS

**Prime Location! ** This fully occupied duplex is right in town, with each 2-bedroom unit rented out. Each unit comes with covered parking & extra storage shed. The larger unit has been partially converted into a studio as well. The spacious lot features one unit that is completely fenced and landscaped, along with ample parking. Tenants are responsible for all utilities.

Julie Salazar eXp Realty

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

Alexis Martz TRELORA Realty, Inc.