$1,625,000
Est. $8,285/mo1620 Decatur Street Sw, Olympia, WA 98502
• Listed 2026-07-02•15 days on market
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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.
Listed by Justin W Hjelm • Capitol Real Estate LLC
Listing updated: July 13, 2026 at 11:13am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2545999
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1620 Decatur Street Sw, Olympia, WA 98502
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Olympia is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 16 days.
$48,600 Sold
1 week ago
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Over list
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Days on market
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Distance
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2 months ago
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Under list
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Days on market
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Distance
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3 months ago
3 bd•2 ba•~1,564 sq ft•Single Family
1616 Cushing Street Sw, Olympia, WA 98502
2%
Under list
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Days on market
0.1 mi
Distance
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Over list
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Under list
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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 Jul 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.
