Multi Family homes for sale & real estate in Olympia, WA

Multi Family Home for sale in Olympia, WA:

Rare Opportunity in Shelton! Charming Stucco 4-Plex with Exceptional Potential. Discover a truly unique investment priced $50K under appraisal. This well-maintained stucco 4-plex combines curb appeal, income-generating potential, and a prime location making it a standout choice for investors or owner-occupants. Each of the four 2-bedroom, 1-bath units features: Spacious, functional floorplans, Reliable electric baseboard heating, Access to built-in garages for added tenant appeal. With approximately 3,900 sq ft of total living space on a generous 10,454 sq ft lot, this low-rise multifamily building offers flexibility, stability, and room for long-term growth. A second unit in this complex i

Multi Family Home for sale in Olympia, WA:

Exceptional investment opportunity in the heart of Lakewood! This well-maintained 4-plex offers solid rental income with room for upside. Each unit features functional layouts and long-term rental appeal. Strong rental history and conveniently located near shopping, JBLM, schools, and major freeways—ensuring consistent tenant demand. Perfect for investors seeking stable cash flow, appreciation potential, or a 1031 exchange opportunity. Don’t miss this chance to secure a great performing multifamily asset in a desirable area!

Multi Family Home for sale in Olympia, WA:

Really great investment opportunity. Six condos in three separate buildings. Each unit has been renovated with new roofs, windows, flooring, paint, fixtures, stainless appliances and more. 2 parking spaces and storage with each unit. 4 (3br) and 2 (2br) units. Well maintained common area and yard. Close to Salter Point Beach and all that Steilacoom has to offer. 6 separate parcels. All units are leased at this time.

Multi Family Home for sale in Olympia, WA:

2 duplexes for a total of 4 rentals. Built in 2009, each has approx 800 sq. ft. . Great rental history. Each unit is 2 bdrms/1 bath and has electric fireplaces. Efficient design, EZ to maintain. Single car garages plus outside parking. Located offstreet on a private cul-de-sac. Just 5 minutes to I-5 access at exit 88. EZ commute to Olympia or Centralia. Short distance to restaurants. About 15 minutes to the gaming, restaurants and lounges at the Lucky Eagle Casino. Shopping at Safeway in Centralia less than 6 miles away. Scheduled monthly income is $4,550. Tenants all on month to month after December and ample room for rent increases. Strong demand for rentals in this region. Financial capa

Multi Family Home for sale in Olympia, WA:

Investment Opportunity in Roy! This well-maintained duplex offers excellent rental potential with two separate units. The main level features a spacious 2-bedroom, 1-bath unit with 1,190 sq. ft. , while the upper level provides a 1-bedroom, 1-bath unit with 660 sq. ft. . Recent updates include a new septic system installed in 2016, updated siding and windows, and an upper unit renovation in 2018. The roof is newer, giving added peace of mind. Set on a large lot, the property provides ample parking for tenants and guests. This property is an ideal option for investors seeking steady income and future value growth.

Multi Family Home for sale in Olympia, WA:

Fully REMODELED duplex with SIX PLEX potential! Zoning changes in January should allow another 4 plex on the property for a total of SIX UNITS! Everything updated: New roof, new paint, new kitchens, new bathrooms, new flooring, new doors and millwork, new appliances, new hot water tanks and more. Washer and dryer hookups in garage. Plenty of parking. Good rents! BONUS: Large lot with the ability to build additional unit(s) in the backyard! Property extends far beyond the chain link fences. Recently surveyed with property corners marked. Nearly maintenance free for years to come with room to grow!