1624 Decatur Street SW, Olympia, WA 98502
Courtesy of Capitol Real Estate LLC
- $3,625,000
- 11,856
- SqFt
- List Price
- $3,625,000
- Status
- ACTIVE
- Days on Market
- 17
- MLS#
- 2552161
- Subtype
- Residential Income
- Style
- 55 - 5-9 Units
- New Construction
- Yes
- Construction Status
- Under Construction
- Year Built
- 2026
- Living Area
- 11,856
- Lot Size
- 22,820
- Acres
- 0.52
- Subdivision
- Westside
- Neighborhood
- Westside
- MLS Area Major
- Olympia Westside
Property Description
Exceptional opportunity to acquire 4 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.
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Additional Information
- Exterior Features
- Cement Planked
- Property Description
- 55 - 5-9 Units
- Flooring
- Vinyl, Carpet
- Heating
- Forced Air, Heat Pump
- Air Conditioning
- Heat Pump
- Roof
- Composition
- Garage Spaces
- 8
- School District
- Olympia
- Elementary School
- Hansen Elementary
- Middle School
- Marshall Middle
- High School
- Capital High
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.