Exceptional opportunity to acquire 2 brand-new duplexes in highly desirable West Olympia. Built for long-term, low-maintenance ownership, these turnkey investment properties offer modern construction with minimal capital expenditure concerns for years to come. Located in a strong rental market characterized by high demand, low vacancy rates, and attractive rental income potential, these duplexes are well-positioned for consistent cash flow and long-term appreciation. Situated at the end of a private dead-end street, the properties offer a quiet setting that appeals to quality tenants while remaining conveniently close to major employers, shopping, schools, and commuter routes. Whether you're looking to expand your portfolio or complete a 1031 exchange, this is a rare opportunity to invest in newly constructed multifamily assets in one of Olympia's most sought-after rental locations.
| MLS # | 2545999 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2026 |
| Days On Site | 63 |
| Listing Provided By | Capitol Real Estate LLC | Justin W Hjelm |
| SQ Feet | 5,928 |
|---|---|
| Garage | 4 |
| Story(s) | 2 |
| Units | 4 |
| Acreage | 0.25 |
| State | WA |
|---|---|
| County | Thurston |
| City | Olympia |
| Zip Code | 98502 |
| Area | 444 Olympia Westside |
| Community Name | Westside |
| School District | Capital High |
| Elementary School | Hansen Elementary |
| High School | Capital High |
| Listing VS Median (in Westside) | |
Price: $1,625,000 low | high Med: $669,374 sqft: 5,928 low | high Med: 2,182 $ / sqft: $274 low | high Med: $307 On site: 63 low | high Med: 138.5 | |
| State | WA |
|---|---|
| County | Thurston |
| City | Olympia |
| Zip Code | 98502 |
| Area | 444 Olympia Westside |
| Community Name | Westside |
| School District | Capital High |
| Elementary School | Hansen Elementary |
| High School | Capital High |
| Listing VS Median (in Westside) | |
Price: $1,625,000 low | high Med: $669,374 sqft: 5,928 low | high Med: 2,182 $ / sqft: $274 low | high Med: $307 On site: 63 low | high Med: 138.5 | |