Real Estate Investment Properties for Sale in Olympia, WA

Looking for investment property in Olympia, WA with high ROI ?

Explore a variety of short-term homes & houses in Olympia, WA. Invest wisely with VRBO & Olympia, WA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Olympia, WA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
7237 Ridgemont Dr SE Olympia, WA Well maintained home w/incredible view of Lake Pattison from kitchen, dining, and living r...	3 beds \| 3 baths \| 2,644 sq.ft.	$575,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 4.02% Airbnb Rental Income: $2344 Traditional Rental Income: $3418 Airbnb ROI: 1.02% Traditional ROI: 4.02%
1833 Eastside St SE Olympia, WA Do not wait on this opportunity! Investors and first time buyers alike, hurry into this 3b...	4 beds \| 2 baths \| 1,244 sq.ft.	$459,950	Airbnb cash on cash: N/A Traditional cash on cash: 3.31% Airbnb Rental Income: $null Traditional Rental Income: $2367 Airbnb ROI: N/A Traditional ROI: 3.31%
1225 Kiely Dr SE Olympia, WA This home features hardwood floors, custom built-ins, gas FP, stainless steal appliances, ...	4 beds \| 2 baths \| 2,916 sq.ft.	$615,000	Airbnb cash on cash: 3.07% Traditional cash on cash: 3.75% Airbnb Rental Income: $3647 Traditional Rental Income: $3241 Airbnb ROI: 3.07% Traditional ROI: 3.75%
2103 46th Ave NE Olympia, WA 3 bed 2 bath never been on the market, unique, custom built home in the south bay area. Gr...	3 beds \| 2 baths \| 2,548 sq.ft.	$795,000	Airbnb cash on cash: 0.93% Traditional cash on cash: 2.77% Airbnb Rental Income: $2467 Traditional Rental Income: $3237 Airbnb ROI: 0.93% Traditional ROI: 2.77%
4430 John Luhr Rd NE Olympia, WA Welcome Home to the Ultimate Mid-Century Modern Redux Sanctuary! Amazing location & stunni...	3 beds \| 2 baths \| 3,152 sq.ft.	$769,900	Airbnb cash on cash: 0.64% Traditional cash on cash: 3.42% Airbnb Rental Income: $2344 Traditional Rental Income: $3758 Airbnb ROI: 0.64% Traditional ROI: 3.42%
8305 Sweetbrier Loop SE Olympia, WA Welcome home to the charming Union Mills community! This beautiful, move-in-ready home bac...	3 beds \| 2 baths \| 1,897 sq.ft.	$525,000	Airbnb cash on cash: 1.55% Traditional cash on cash: 3.22% Airbnb Rental Income: $2344 Traditional Rental Income: $2585 Airbnb ROI: 1.55% Traditional ROI: 3.22%
1111 Archwood Dr SW #341 Olympia, WA Like new built in 2019! Turnkey, meticulously cared for home in a 55+ community. Open floo...	3 beds \| 2 baths \| 1,176 sq.ft.	$194,500	Airbnb cash on cash: 4.98% Traditional cash on cash: 9.87% Airbnb Rental Income: $1880 Traditional Rental Income: $2280 Airbnb ROI: 4.98% Traditional ROI: 9.87%
1864 21st Ave SE Olympia, WA Marketing RemarksWonderful 3bd, 3bth, home with owner's suite on main floor! Home has...	3 beds \| 2 baths \| 1,957 sq.ft.	$599,900	Airbnb cash on cash: 1.53% Traditional cash on cash: 3.14% Airbnb Rental Income: $2545 Traditional Rental Income: $2837 Airbnb ROI: 1.53% Traditional ROI: 3.14%
3929 Hoffman Ct SE Olympia, WA Welcome home to this wonderful tucked away property on a private cul-de-sac. Situated on m...	3 beds \| 2 baths \| 1,938 sq.ft.	$579,990	Airbnb cash on cash: 1.01% Traditional cash on cash: 2.65% Airbnb Rental Income: $2344 Traditional Rental Income: $2683 Airbnb ROI: 1.01% Traditional ROI: 2.65%
9711 Vantage Terrace Ct SE Olympia, WA Great home in The Ridge! Offering 3 bedrooms, 2.5 baths, nearly 1600 SF of living space, a...	3 beds \| 2 baths \| 1,589 sq.ft.	$510,000	Airbnb cash on cash: 1.62% Traditional cash on cash: 2.78% Airbnb Rental Income: $2344 Traditional Rental Income: $2326 Airbnb ROI: 1.62% Traditional ROI: 2.78%
3709 4th Ave NW Olympia, WA Sought after Grass Lake craftsman style home with primary on the main! Darling floor plan ...	3 beds \| 2 baths \| 1,764 sq.ft.	$528,500	Airbnb cash on cash: 0.75% Traditional cash on cash: 2.44% Airbnb Rental Income: $2140 Traditional Rental Income: $2430 Airbnb ROI: 0.75% Traditional ROI: 2.44%
2412 Westwind Dr NW Olympia, WA Lovely tri-level in peaceful Carlyon Beach Country Club. Three-bedroom, two-bathroom, most...	3 beds \| 2 baths \| 1,824 sq.ft.	$549,900	Airbnb cash on cash: 1.31% Traditional cash on cash: 2.78% Airbnb Rental Income: $2305 Traditional Rental Income: $2488 Airbnb ROI: 1.31% Traditional ROI: 2.78%
6720 Alder Glen Dr SE Olympia, WA Buy through Auction.com. This foreclosure property is a great opportunity to invest in thi...	4 beds \| 2 baths \| 1,548 sq.ft.	$529,900	Airbnb cash on cash: 3.57% Traditional cash on cash: 2.91% Airbnb Rental Income: $3647 Traditional Rental Income: $2525 Airbnb ROI: 3.57% Traditional ROI: 2.91%
12204 Littlerock Rd SW Olympia, WA Buy through Auction.com. This foreclosure property is a great opportunity to invest in thi...	2 beds \| 2 baths \| 1,152 sq.ft.	$209,900	Airbnb cash on cash: 2.83% Traditional cash on cash: 6.62% Airbnb Rental Income: $1540 Traditional Rental Income: $1954 Airbnb ROI: 2.83% Traditional ROI: 6.62%
1344 89th Ave SE Olympia, WA Craftsman home in desirable Preserve of Tumwater. 2,871 sqft, 4 bedroom, 2.5 bath, backing...	4 beds \| 2 baths \| 2,871 sq.ft.	$615,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.96% Airbnb Rental Income: $null Traditional Rental Income: $3074 Airbnb ROI: N/A Traditional ROI: 2.96%
1438 SE Fones Rd #A&B Olympia, WA 1438 Fones Rd SE #A&B, Olympia, WA 98501 \| Multi Family	5 beds \| N/A baths \| 2,383 sq.ft.	$665,000	Airbnb cash on cash: 2.41% Traditional cash on cash: 1.72% Airbnb Rental Income: $3647 Traditional Rental Income: $2419 Airbnb ROI: 2.41% Traditional ROI: 1.72%
2303 Park View St NE Olympia, WA 2303 Park View St NE, Olympia, WA 98506 \| Single Family Residential	4 beds \| 3 baths \| 3,421 sq.ft.	$767,000	Airbnb cash on cash: 0.51% Traditional cash on cash: 3.06% Airbnb Rental Income: $2648 Traditional Rental Income: $3855 Airbnb ROI: 0.51% Traditional ROI: 3.06%
5321 Sunrise Beach Rd NW Olympia, WA 5321 Sunrise Beach Rd NW, Olympia, WA 98502 \| Single Family Residential	2 beds \| 1 baths \| 776 sq.ft.	$875,000	Airbnb cash on cash: -0.37% Traditional cash on cash: -0.28% Airbnb Rental Income: $1910 Traditional Rental Income: $1474 Airbnb ROI: -0.37% Traditional ROI: -0.28%
8038 61st Ave NE Olympia, WA 8038 61st Ave NE, Anderson Island, WA 98516 \| Single Family Residential	3 beds \| 1 baths \| 1,224 sq.ft.	$950,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 0.27% Airbnb Rental Income: $2467 Traditional Rental Income: $2077 Airbnb ROI: 0.03% Traditional ROI: 0.27%
8643 Winslow Dr SW Olympia, WA 8643 Winslow Dr SW, Olympia, WA 98512 \| Single Family Residential	5 beds \| 4 baths \| 3,475 sq.ft.	$1,199,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.13% Airbnb Rental Income: $null Traditional Rental Income: $2355 Airbnb ROI: N/A Traditional ROI: -0.13%
9902 Yelm Hwy SE Olympia, WA 9902 Yelm Hwy SE, Lacey, WA 98513 \| Single Family Residential	2 beds \| 2 baths \| 3,040 sq.ft.	$6,000,000	Airbnb cash on cash: -1.82% Traditional cash on cash: -1.56% Airbnb Rental Income: $1402 Traditional Rental Income: $2418 Airbnb ROI: -1.82% Traditional ROI: -1.56%
7047 Kellogg Dr NE Olympia, WA 7047 Kellogg Dr NE, Olympia, WA 98516 \| Other	N/A beds \| N/A baths \| N/A	$155,000	Airbnb cash on cash: 4.69% Traditional cash on cash: 3.78% Airbnb Rental Income: $1523 Traditional Rental Income: $945 Airbnb ROI: 4.69% Traditional ROI: 3.78%
7349 Fair Oaks Rd SE Olympia, WA 7349 Fair Oaks Rd SE, Lacey, WA 98512 \| Other	N/A beds \| N/A baths \| N/A	$240,000	Airbnb cash on cash: 2.33% Traditional cash on cash: 0.84% Airbnb Rental Income: $1510 Traditional Rental Income: $731 Airbnb ROI: 2.33% Traditional ROI: 0.84%
2300 9th Ave SW #A5 Olympia, WA 2300 9th Ave SW #A5, Olympia, WA 98502 \| Condo/Coop	2 beds \| 1 baths \| 880 sq.ft.	$215,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 1.84% Airbnb Rental Income: $1655 Traditional Rental Income: $1573 Airbnb ROI: -0.04% Traditional ROI: 1.84%
2641 28th Ave NW Olympia, WA 2641 28th Ave NW, Olympia, WA 98502 \| Single Family Residential	3 beds \| 2 baths \| 2,000 sq.ft.	$800,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 2.38% Airbnb Rental Income: $1933 Traditional Rental Income: $3336 Airbnb ROI: -0.19% Traditional ROI: 2.38%
1546 Reservation Rd SE #232 Olympia, WA 1546 Reservation Rd SE #232, Dupont, WA 98513 \| Condo/Coop	1 beds \| 2 baths \| 620 sq.ft.	$319,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 0.05% Airbnb Rental Income: $1536 Traditional Rental Income: $1108 Airbnb ROI: -0.01% Traditional ROI: 0.05%
10245 SE 46th Ave Olympia, WA 10245 SE 46th Ave, Lacey, WA 98513 \| Single Family Residential	3 beds \| 3 baths \| 2,111 sq.ft.	$629,000	Airbnb cash on cash: 0.83% Traditional cash on cash: 3.37% Airbnb Rental Income: $2344 Traditional Rental Income: $3279 Airbnb ROI: 0.83% Traditional ROI: 3.37%
6725 Mirror Ct SE Olympia, WA 6725 Mirror Ct SE, Lacey, WA 98513 \| Single Family Residential	4 beds \| 2 baths \| 2,775 sq.ft.	$800,000	Airbnb cash on cash: 1.42% Traditional cash on cash: 1.89% Airbnb Rental Income: $3647 Traditional Rental Income: $3223 Airbnb ROI: 1.42% Traditional ROI: 1.89%
6753 Bellevista Pl NW Olympia, WA 6753 Bellevista Pl NW, Olympia, WA 98502 \| Single Family Residential	3 beds \| 3 baths \| 3,923 sq.ft.	$795,000	Airbnb cash on cash: 0.24% Traditional cash on cash: 2.32% Airbnb Rental Income: $2305 Traditional Rental Income: $3270 Airbnb ROI: 0.24% Traditional ROI: 2.32%
906 908 Adams St SE Olympia, WA 906 908 Adams St SE, Olym, WA 98501 \| Multi Family	N/A beds \| N/A baths \| 4,776 sq.ft.	$998,000	Airbnb cash on cash: -0.3% Traditional cash on cash: -1.37% Airbnb Rental Income: $2297 Traditional Rental Income: $686 Airbnb ROI: -0.3% Traditional ROI: -1.37%
6504 44th Ave NE Olympia, WA 6504 44th Ave NE, Olympia, WA 98516 \| Single Family Residential	3 beds \| 3 baths \| 3,123 sq.ft.	$3,980,000	Airbnb cash on cash: -1.49% Traditional cash on cash: -1.09% Airbnb Rental Income: $2467 Traditional Rental Income: $3368 Airbnb ROI: -1.49% Traditional ROI: -1.09%
423 Franz Anderson Rd SE Olympia, WA 423 Franz Anderson Rd SE, Olympia, WA 98501 \| Single Family Residential	2 beds \| 2 baths \| 2,883 sq.ft.	$995,000	Airbnb cash on cash: -1.02% Traditional cash on cash: -0.28% Airbnb Rental Income: $1402 Traditional Rental Income: $1658 Airbnb ROI: -1.02% Traditional ROI: -0.28%
3008 18th Ave SE Olympia, WA 3008 18th Ave SE, Olympia, WA 98501 \| Other	N/A beds \| N/A baths \| N/A	$245,000	Airbnb cash on cash: 1.09% Traditional cash on cash: 0.83% Airbnb Rental Income: $1189 Traditional Rental Income: $741 Airbnb ROI: 1.09% Traditional ROI: 0.83%
625 UNION Ave SE Olympia, WA 625 UNION Ave SE, Olym, WA 98501 \| Other	N/A beds \| N/A baths \| N/A	$500,000	Airbnb cash on cash: 0.14% Traditional cash on cash: -0.66% Airbnb Rental Income: $1523 Traditional Rental Income: $705 Airbnb ROI: 0.14% Traditional ROI: -0.66%
6440 19th Ln NW Olympia, WA 6440 19th Ln NW, Olympia, WA 98502 \| Other	N/A beds \| N/A baths \| N/A	$349,000	Airbnb cash on cash: 0.63% Traditional cash on cash: -0.32% Airbnb Rental Income: $1488 Traditional Rental Income: $741 Airbnb ROI: 0.63% Traditional ROI: -0.32%
1209 Pioneer Ave NE Olympia, WA 1209 Pioneer Ave NE, Olympia, WA 98506 \| Other	N/A beds \| N/A baths \| N/A	$150,000	Airbnb cash on cash: 3.02% Traditional cash on cash: 4.17% Airbnb Rental Income: $1198 Traditional Rental Income: $974 Airbnb ROI: 3.02% Traditional ROI: 4.17%
9115 Old Hwy 99 SE Olympia, WA 9115 Old Highway 99 SE, Tumwater, WA 98501 \| Other	N/A beds \| N/A baths \| N/A	$1,500,000	Airbnb cash on cash: -1.35% Traditional cash on cash: -1.46% Airbnb Rental Income: $1374 Traditional Rental Income: $816 Airbnb ROI: -1.35% Traditional ROI: -1.46%
2915 Yelm Hwy SE Olympia, WA 2915 Yelm Hwy SE, Olympia, WA 98501 \| Other	N/A beds \| N/A baths \| N/A	$4,950,000	Airbnb cash on cash: -1.79% Traditional cash on cash: -1.78% Airbnb Rental Income: $1349 Traditional Rental Income: $983 Airbnb ROI: -1.79% Traditional ROI: -1.78%
2601 Stonecrest Ln NW Olympia, WA 2601 Stonecrest Ln NW, Olympia, WA 98502 \| Other	N/A beds \| N/A baths \| N/A	$210,000	Airbnb cash on cash: 2.53% Traditional cash on cash: 1.07% Airbnb Rental Income: $1488 Traditional Rental Income: $741 Airbnb ROI: 2.53% Traditional ROI: 1.07%
8031 Kerbaugh Rd NE Olympia, WA 8031 Kerbaugh Rd NE, Longbranch, WA 98516 \| Other	N/A beds \| N/A baths \| N/A	$905,000	Airbnb cash on cash: -0.8% Traditional cash on cash: -0.88% Airbnb Rental Income: $1523 Traditional Rental Income: $1018 Airbnb ROI: -0.8% Traditional ROI: -0.88%

Real Estate investment in Olympia, WA

There are 747 properties for sale in the city of Olympia . The median list price in Olympia is $539,677 and the average price per square foot is $248. In August 2026, the average monthly cash on cash return in Olympia is 3.00%. The average monthly rental income in Olympia is $2,589.

Olympia, WA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 747 investment properties available for sale in Olympia.

In 2026, the best neighborhood to buy investment property is Springfield.

The ROI for Long-Term is higher than the Short-Term in Olympia with average rental income of $2,589.

Your search for investment property begins and ends here

Investment Property for Sale in Olympia, WA

7237 Ridgemont Dr SE

Olympia, WA

3 beds | 3 baths | 2,644 sq.ft.

$575,000

Airbnb cash on cash: 1.02%

Traditional cash on cash: 4.02%

Airbnb Rental Income: $2344

Traditional Rental Income: $3418

Airbnb ROI: 1.02%

Traditional ROI: 4.02%

1833 Eastside St SE

Olympia, WA

4 beds | 2 baths | 1,244 sq.ft.

$459,950

Airbnb cash on cash: N/A

Traditional cash on cash: 3.31%

Airbnb Rental Income: $null

Traditional Rental Income: $2367

Airbnb ROI: N/A

Traditional ROI: 3.31%

1225 Kiely Dr SE

Olympia, WA

4 beds | 2 baths | 2,916 sq.ft.

$615,000

Airbnb cash on cash: 3.07%

Traditional cash on cash: 3.75%

Airbnb Rental Income: $3647

Traditional Rental Income: $3241

Airbnb ROI: 3.07%

Traditional ROI: 3.75%

2103 46th Ave NE

Olympia, WA

3 beds | 2 baths | 2,548 sq.ft.

$795,000

Airbnb cash on cash: 0.93%

Traditional cash on cash: 2.77%

Airbnb Rental Income: $2467

Traditional Rental Income: $3237

Airbnb ROI: 0.93%

Traditional ROI: 2.77%

4430 John Luhr Rd NE

Olympia, WA

3 beds | 2 baths | 3,152 sq.ft.

$769,900

Airbnb cash on cash: 0.64%

Traditional cash on cash: 3.42%

Airbnb Rental Income: $2344

Traditional Rental Income: $3758

Airbnb ROI: 0.64%

Traditional ROI: 3.42%

8305 Sweetbrier Loop SE

Olympia, WA

3 beds | 2 baths | 1,897 sq.ft.

$525,000

Airbnb cash on cash: 1.55%

Traditional cash on cash: 3.22%

Airbnb Rental Income: $2344

Traditional Rental Income: $2585

Airbnb ROI: 1.55%

Traditional ROI: 3.22%

1111 Archwood Dr SW #341

Olympia, WA

3 beds | 2 baths | 1,176 sq.ft.

$194,500

Airbnb cash on cash: 4.98%

Traditional cash on cash: 9.87%

Airbnb Rental Income: $1880

Traditional Rental Income: $2280

Airbnb ROI: 4.98%

Traditional ROI: 9.87%

1864 21st Ave SE

Olympia, WA

3 beds | 2 baths | 1,957 sq.ft.

$599,900

Airbnb cash on cash: 1.53%

Traditional cash on cash: 3.14%

Airbnb Rental Income: $2545

Traditional Rental Income: $2837

Airbnb ROI: 1.53%