$819,000
Est. $4,150/mo1614 Decatur Street Sw, Olympia, WA 98502
• Listed 2026-06-12•1 day on market
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Exceptional opportunity to acquire 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.
Open houses
No upcoming open houses scheduled for this property.
$568,000
-$251,000 under list price
Nearby comparable homes
RexMont uses 2 strongest recent nearby sales, priced between $540K and $595K.
Rental earnings
$1,700/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$540,000Last sold price
5025 Mud Bay Road Nw, Olympia, WA 98502
$595,000Last sold price
3223 Aspinwall Road Nw, Olympia, WA 98502
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
1614 Decatur Street Sw, Olympia, WA 98502
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$4,969 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 12, 2026 at 08:58am (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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Listed by Justin W Hjelm • Capitol Real Estate LLC
Listing updated: June 12, 2026 at 08:58am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2537959
$670,000
5030 Ad El Road Se, Olympia, WA 98513
Paul Oczkewicz · Virgil Adams Real Estate, Inc.
Olympia is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 10 days.
$380,000 Sold
4 months ago
•
1700 Cooper Point Road Sw, Olympia, WA 98502
0%
Over list
—
Days on market
0.6 mi
Distance
$626,000 Sold
5 months ago
3 bd•1 ba•~1,672 sq ft•Single Family
101 Rogers Street Nw, Olympia, WA 98502
4%
Under list
—
Days on market
0.8 mi
Distance
$499,000 Sold
5 months ago
3 bd•1.5 ba•~1,938 sq ft•Single Family
1709 Fern Street Sw, Olympia, WA 98502
0%
Over list
—
Days on market
0.2 mi
Distance
$275,000 Sold
5 months ago
•Single Family
1700 Cooper Point Rd Suite B3 Sw #b3, Olympia, WA 98502
8%
Under list
—
Days on market
0.5 mi
Distance
$524,900 Sold
5 months ago
3 bd•1.5 ba•~1,880 sq ft•Single Family
1718 Fern Street Sw, Olympia, WA 98502
0%
Over list
—
Days on market
0.2 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
Olympia School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
