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
12345 Waddell Creek Road SW Olympia, WA Country rambler sits well off the road on 5 acres offering privacy & lots of room for crit...	4 beds \| 3 baths \| 2,320 sq.ft.	$724,000	Airbnb cash on cash: 1.94% Traditional cash on cash: 3.49% Airbnb Rental Income: $3185 Traditional Rental Income: $3514 Airbnb ROI: 1.94% Traditional ROI: 3.49%
5102 DONNELLY Dr SE Olympia, WA Buy through Auction.com. This foreclosure property is a great opportunity to invest in thi...	4 beds \| 2 baths \| 2,206 sq.ft.	$589,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.58% Airbnb Rental Income: $null Traditional Rental Income: $3071 Airbnb ROI: N/A Traditional ROI: 3.58%
1304 Madrona Beach Rd NW Olympia, WA 1304 Madrona Beach Rd NW, Olympia, WA 98502 \| Single Family Residential	3 beds \| 2 baths \| 1,746 sq.ft.	$790,000	Airbnb cash on cash: -0.39% Traditional cash on cash: 1.47% Airbnb Rental Income: $1735 Traditional Rental Income: $2625 Airbnb ROI: -0.39% Traditional ROI: 1.47%
509 DeHart Dr Olympia, WA 509 DeHart Dr, Olympia, WA 98501 \| Single Family Residential	2 beds \| 1 baths \| 1,626 sq.ft.	$445,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 1.42% Airbnb Rental Income: $1317 Traditional Rental Income: $1506 Airbnb ROI: -0.01% Traditional ROI: 1.42%
3700 14th Ave SE #14 Olympia, WA 3700 14th Ave SE #14, Olympia, WA 98501 \| Manufactured Home	2 beds \| 2 baths \| 1,248 sq.ft.	$135,000	Airbnb cash on cash: 3.7% Traditional cash on cash: 11.03% Airbnb Rental Income: $1219 Traditional Rental Income: $1778 Airbnb ROI: 3.7% Traditional ROI: 11.03%
9504 Maple Beach Ln NW Olympia, WA 9504 Maple Beach Ln NW, Olympia, WA 98502 \| Single Family Residential	3 beds \| 2 baths \| 1,860 sq.ft.	$870,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 1.05% Airbnb Rental Income: $1699 Traditional Rental Income: $2546 Airbnb ROI: -0.57% Traditional ROI: 1.05%
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.	$799,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.91% Airbnb Rental Income: $null Traditional Rental Income: $3855 Airbnb ROI: N/A Traditional ROI: 2.91%
898 SE Dahman Rd Olympia, WA 898 SE Dahman Rd, Olympia, WA 98584 \| Single Family Residential	4 beds \| 4 baths \| 3,706 sq.ft.	$1,083,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 2.72% Airbnb Rental Income: $3383 Traditional Rental Income: $4824 Airbnb ROI: 0.55% Traditional ROI: 2.72%
2410 Westlake Dr SE Olympia, WA 2410 Westlake Dr SE, Olympia, WA 98503 \| Single Family Residential	3 beds \| 2 baths \| 1,224 sq.ft.	$400,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 3.19% Airbnb Rental Income: $1695 Traditional Rental Income: $2030 Airbnb ROI: 1.04% Traditional ROI: 3.19%
1721 Division St NW Olympia, WA 1721 Division St NW, Olympia, WA 98502 \| Single Family Residential	3 beds \| 1 baths \| 1,832 sq.ft.	$409,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 2.93% Airbnb Rental Income: $1699 Traditional Rental Income: $1974 Airbnb ROI: 0.99% Traditional ROI: 2.93%
8643 Winslow Dr SW Olympia, WA 8643 Winslow Dr SW, Olympia, WA 98512 \| Single Family Residential	5 beds \| 5 baths \| 3,445 sq.ft.	$1,490,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.34% Airbnb Rental Income: $null Traditional Rental Income: $2355 Airbnb ROI: N/A Traditional ROI: -0.34%
1309 Livingston St NE Olympia, WA 1309 Livingston St NE, Olympia, WA 98516 \| Single Family Residential	6 beds \| 3 baths \| 5,160 sq.ft.	$750,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.44% Airbnb Rental Income: $null Traditional Rental Income: $3178 Airbnb ROI: N/A Traditional ROI: 2.44%
1511 Fairview St SE Olympia, WA 1511 Fairview St SE, Olympia, WA 98501 \| Other	N/A beds \| N/A baths \| 2,734 sq.ft.	$175,000	Airbnb cash on cash: 3.86% Traditional cash on cash: 1.86% Airbnb Rental Income: $1505 Traditional Rental Income: $731 Airbnb ROI: 3.86% Traditional ROI: 1.86%
801 Chambers Olympia, WA 801 Chambers, Olympia, WA 98501 \| Other	N/A beds \| N/A baths \| N/A	$95,000	Airbnb cash on cash: 6.7% Traditional cash on cash: 6.94% Airbnb Rental Income: $1301 Traditional Rental Income: $918 Airbnb ROI: 6.7% Traditional ROI: 6.94%
718 Fir St NE Olympia, WA 718 Fir St NE, Olympia, WA 98506 \| Other	N/A beds \| N/A baths \| N/A	$230,000	Airbnb cash on cash: 1.72% Traditional cash on cash: 0.84% Airbnb Rental Income: $1301 Traditional Rental Income: $705 Airbnb ROI: 1.72% Traditional ROI: 0.84%
3019 36th Ave NW Olympia, WA 3019 36th Ave NW, Olympia, WA 98502 \| Other	N/A beds \| N/A baths \| N/A	$340,000	Airbnb cash on cash: 1.85% Traditional cash on cash: 0.69% Airbnb Rental Income: $1802 Traditional Rental Income: $945 Airbnb ROI: 1.85% Traditional ROI: 0.69%
4700 Delta Ln SE Olympia, WA 4700 Delta Ln SE, Olympia, WA 98501 \| Single Family Residential	3 beds \| 1 baths \| 2,484 sq.ft.	$615,000	Airbnb cash on cash: 0.13% Traditional cash on cash: 0.3% Airbnb Rental Income: $1785 Traditional Rental Income: $1398 Airbnb ROI: 0.13% Traditional ROI: 0.3%
2300 9th Ave SW #A5 Olympia, WA 2300 9th Ave SW #A5, Olympia, WA 98502 \| Condo/Coop	2 beds \| 1 baths \| 896 sq.ft.	$209,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 2.55% Airbnb Rental Income: $1408 Traditional Rental Income: $1573 Airbnb ROI: -0.42% Traditional ROI: 2.55%
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: -0.44% Traditional cash on cash: 2.38% Airbnb Rental Income: $1708 Traditional Rental Income: $3336 Airbnb ROI: -0.44% Traditional ROI: 2.38%
1132 68th Loop SE Olympia, WA	4 beds \| 2 baths \| 2,777 sq.ft.	$659,375	Airbnb cash on cash: 1.7% Traditional cash on cash: 3.31% Airbnb Rental Income: $3213 Traditional Rental Income: $3479 Airbnb ROI: 1.7% Traditional ROI: 3.31%
1151 68th Ave SE Olympia, WA	4 beds \| 2 baths \| 2,191 sq.ft.	$599,875	Airbnb cash on cash: 2.06% Traditional cash on cash: 3.28% Airbnb Rental Income: $3213 Traditional Rental Income: $3171 Airbnb ROI: 2.06% Traditional ROI: 3.28%
1157 68th Ave SE Olympia, WA	3 beds \| 3 baths \| 2,630 sq.ft.	$660,425	Airbnb cash on cash: -0.23% Traditional cash on cash: 3.58% Airbnb Rental Income: $1785 Traditional Rental Income: $3647 Airbnb ROI: -0.23% Traditional ROI: 3.58%
1136 68th Loop SE Olympia, WA 1136 68th Loop SE, Olympia, WA 98501 \| Single Family Residential	3 beds \| 2 baths \| 2,583 sq.ft.	$636,375	Airbnb cash on cash: -0.17% Traditional cash on cash: 3.22% Airbnb Rental Income: $1785 Traditional Rental Income: $3312 Airbnb ROI: -0.17% Traditional ROI: 3.22%
908 East Bay Dr NE #203 Olympia, WA 908 East Bay Dr NE #203, Olympia, WA 98506 \| Condo/Coop	2 beds \| 2 baths \| 1,482 sq.ft.	$364,900	Airbnb cash on cash: -2.15% Traditional cash on cash: 0.99% Airbnb Rental Income: $1363 Traditional Rental Income: $2024 Airbnb ROI: -2.15% Traditional ROI: 0.99%
1111 Archwood Dr SW #327 Olympia, WA 1111 Archwood Dr SW #327, Olympia, WA 98502 \| Manufactured Home	3 beds \| 2 baths \| 1,404 sq.ft.	$227,500	Airbnb cash on cash: 3.85% Traditional cash on cash: 7.76% Airbnb Rental Income: $1841 Traditional Rental Income: $2187 Airbnb ROI: 3.85% Traditional ROI: 7.76%
520 Yauger Way NW #b Olympia, WA 520 Yauger Way NW #b, Olympia, WA 98502 \| Townhouse	2 beds \| 2 baths \| 1,387 sq.ft.	$359,500	Airbnb cash on cash: 0.62% Traditional cash on cash: 3.25% Airbnb Rental Income: $1723 Traditional Rental Income: $2134 Airbnb ROI: 0.62% Traditional ROI: 3.25%
303 39th Ave NE Olympia, WA 303 39th Ave NE, Olympia, WA 98506 \| Single Family Residential	3 beds \| 3 baths \| 4,867 sq.ft.	$1,845,000	Airbnb cash on cash: -1.42% Traditional cash on cash: -0.09% Airbnb Rental Income: $1479 Traditional Rental Income: $3322 Airbnb ROI: -1.42% Traditional ROI: -0.09%
Noah Plan Olympia, WA	5 beds \| 2 baths \| 2,533 sq.ft.	$594,990	Airbnb cash on cash: N/A Traditional cash on cash: 3.48% Airbnb Rental Income: $null Traditional Rental Income: $3120 Airbnb ROI: N/A Traditional ROI: 3.48%
Lina Plan Olympia, WA	3 beds \| 2 baths \| 1,959 sq.ft.	$546,990	Airbnb cash on cash: 0.39% Traditional cash on cash: 3.2% Airbnb Rental Income: $1785 Traditional Rental Income: $2735 Airbnb ROI: 0.39% Traditional ROI: 3.2%
Finley Plan Olympia, WA	4 beds \| 2 baths \| 2,378 sq.ft.	$579,990	Airbnb cash on cash: 2.49% Traditional cash on cash: 3.39% Airbnb Rental Income: $3240 Traditional Rental Income: $2999 Airbnb ROI: 2.49% Traditional ROI: 3.39%
2908 6th Ave NE #6I4ZNY Olympia, WA 2908 6th Ave NE #6I4ZNY, Olympia, WA 98506 \| Single Family Residential	5 beds \| 2 baths \| 2,533 sq.ft.	$649,990	Airbnb cash on cash: N/A Traditional cash on cash: 3.17% Airbnb Rental Income: $null Traditional Rental Income: $3212 Airbnb ROI: N/A Traditional ROI: 3.17%
214 Sherman St NW Olympia, WA 214 Sherman St NW, Olympia, WA 98502 \| Single Family Residential	4 beds \| 4 baths \| 3,390 sq.ft.	$979,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 3.87% Airbnb Rental Income: $3119 Traditional Rental Income: $5416 Airbnb ROI: 0.57% Traditional ROI: 3.87%
6753 Bellevista Pl NW Olympia, WA 6753 Bellevista Pl NW, Olympia, WA 98502 \| Single Family Residential	3 beds \| 3 baths \| 3,923 sq.ft.	$1,000,000	Airbnb cash on cash: -0.76% Traditional cash on cash: 1.44% Airbnb Rental Income: $1699 Traditional Rental Income: $3270 Airbnb ROI: -0.76% Traditional ROI: 1.44%
6504 44th Ave NE Olympia, WA 6504 44th Ave NE, Olympia, WA 98516 \| Single Family Residential	3 beds \| 3 baths \| 3,123 sq.ft.	$4,500,000	Airbnb cash on cash: -1.75% Traditional cash on cash: -1.19% Airbnb Rental Income: $1487 Traditional Rental Income: $3368 Airbnb ROI: -1.75% Traditional ROI: -1.19%
423 Franz Anderson Rd SE Olympia, WA 423 Franz Anderson Rd SE, Olympia, WA 98501 \| Single Family Residential	2 beds \| 1 baths \| 1,848 sq.ft.	$1,200,000	Airbnb cash on cash: -1.3% Traditional cash on cash: -0.57% Airbnb Rental Income: $1247 Traditional Rental Income: $1658 Airbnb ROI: -1.3% Traditional ROI: -0.57%
1720 Dickinson Ave Olympia, WA 1720 Dickinson Ave, Olympia, WA 98502 \| Other	N/A beds \| N/A baths \| N/A	$115,000	Airbnb cash on cash: 6.12% Traditional cash on cash: 5.81% Airbnb Rental Income: $1417 Traditional Rental Income: $957 Airbnb ROI: 6.12% Traditional ROI: 5.81%
0 Hansen St Olympia, WA 0 Hansen St, Olympia, WA 98501 \| Other	N/A beds \| N/A baths \| N/A	$197,750	Airbnb cash on cash: 0.91% Traditional cash on cash: 2.77% Airbnb Rental Income: $987 Traditional Rental Income: $983 Airbnb ROI: 0.91% Traditional ROI: 2.77%
2525 island Dr NW Olympia, WA 2525 island Dr NW, Olympia, WA 98502 \| Other	N/A beds \| N/A baths \| N/A	$166,950	Airbnb cash on cash: 4.86% Traditional cash on cash: 2.62% Airbnb Rental Income: $1802 Traditional Rental Income: $956 Airbnb ROI: 4.86% Traditional ROI: 2.62%
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: 0.5% Traditional cash on cash: -0.32% Airbnb Rental Income: $1439 Traditional Rental Income: $741 Airbnb ROI: 0.5% 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: 3.55% Traditional cash on cash: 4.17% Airbnb Rental Income: $1289 Traditional Rental Income: $974 Airbnb ROI: 3.55% Traditional ROI: 4.17%

Real Estate investment in Olympia, WA

There are 440 properties for sale in the city of Olympia . The median list price in Olympia is $571,475 and the average price per square foot is $255. In October 2025, the average monthly cash on cash return in Olympia is 3.00%. The average monthly rental income in Olympia is $2,689.

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

There are 440 investment properties available for sale in Olympia.

In 2025, the best neighborhood to buy investment property is Wildbood.

The ROI for Short-Term is higher than the Long-Term in Olympia with average rental income of $1,699.

Your search for investment property begins and ends here

Investment Property for Sale in Olympia, WA

12345 Waddell Creek Road SW

Olympia, WA

4 beds | 3 baths | 2,320 sq.ft.

$724,000

Airbnb cash on cash: 1.94%

Traditional cash on cash: 3.49%

Airbnb Rental Income: $3185

Traditional Rental Income: $3514

Airbnb ROI: 1.94%

Traditional ROI: 3.49%

5102 DONNELLY Dr SE

Olympia, WA

4 beds | 2 baths | 2,206 sq.ft.

$589,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.58%

Airbnb Rental Income: $null

Traditional Rental Income: $3071

Airbnb ROI: N/A

Traditional ROI: 3.58%

1304 Madrona Beach Rd NW

Olympia, WA

3 beds | 2 baths | 1,746 sq.ft.

$790,000

Airbnb cash on cash: -0.39%

Traditional cash on cash: 1.47%

Airbnb Rental Income: $1735

Traditional Rental Income: $2625

Airbnb ROI: -0.39%

Traditional ROI: 1.47%

509 DeHart Dr

Olympia, WA

2 beds | 1 baths | 1,626 sq.ft.

$445,000

Airbnb cash on cash: -0.01%

Traditional cash on cash: 1.42%

Airbnb Rental Income: $1317

Traditional Rental Income: $1506

Airbnb ROI: -0.01%

Traditional ROI: 1.42%

3700 14th Ave SE #14

Olympia, WA

2 beds | 2 baths | 1,248 sq.ft.

$135,000

Airbnb cash on cash: 3.7%

Traditional cash on cash: 11.03%

Airbnb Rental Income: $1219

Traditional Rental Income: $1778

Airbnb ROI: 3.7%

Traditional ROI: 11.03%

9504 Maple Beach Ln NW

Olympia, WA

3 beds | 2 baths | 1,860 sq.ft.

$870,000

Airbnb cash on cash: -0.57%

Traditional cash on cash: 1.05%

Airbnb Rental Income: $1699

Traditional Rental Income: $2546

Airbnb ROI: -0.57%

Traditional ROI: 1.05%

2303 Park View St NE

Olympia, WA

4 beds | 3 baths | 3,421 sq.ft.

$799,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.91%

Airbnb Rental Income: $null

Traditional Rental Income: $3855

Airbnb ROI: N/A

Traditional ROI: 2.91%

898 SE Dahman Rd

Olympia, WA

4 beds | 4 baths | 3,706 sq.ft.

$1,083,000

Airbnb cash on cash: 0.55%

Traditional cash on cash: 2.72%

Airbnb Rental Income: $3383

Traditional Rental Income: $4824

Airbnb ROI: 0.55%