REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

ONE Real Estate

broker@1realty.com +1(360) 201-0908

Listed by:Capitol Real Estate LLC • Justin W Hjelm

$ 1,625,000

Est. payment -/mo

Save

New

1620 Decatur ST SW Olympia, WA 98502

12 Beds

12 Baths

5,928 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,928 sqft

Price per Sqft $274

Subdivision Westside

MLS Listing ID 2545999

Style 52 - Duplex

Bedrooms 12

Construction Status Under Construction

Year Built 2026

Lot Size 0.253 Acres

Property Sub-Type Multi Family

Property Description

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.

Location

State WA

County Thurston

Area 444 - Olympia Westside

Interior

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Cement Planked

Garage Spaces 4.0

View Y/N No

Roof Type Composition

Building

Lot Description Paved

Sewer Sewer Connected

Water Public

New Construction Yes

Construction Status Under Construction

Schools

Elementary Schools Hansen Elementary

Middle Schools Marshall Middle

High Schools Capital High

School District Olympia

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby School & Business

ONE Real Estate

Broker

+1(360) 201-0908

Get More Information

Name

Email*

Phone*

Message

I agree to receive communications by text message about my inquiry. You may opt-out by replying STOP or reply HELP for more information. Message frequency varies.

Quick Search

There are 16 quick searches