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
9923 Overlook Dr NW Olympia, WA Thurston County's secret waterfront community, Carlyon Beach! Affordable homes surrou...	2 beds \| 1 baths \| 1,040 sq.ft.	$388,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 2.83% Airbnb Rental Income: $1291 Traditional Rental Income: $1832 Airbnb ROI: 0.23% Traditional ROI: 2.83%
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%
6013 Rocky Mountain Dr SW Olympia, WA Natural beauty surrounds you in this classic, highly desireable Cougar Ridge home. Immacul...	4 beds \| 2 baths \| 2,186 sq.ft.	$649,950	Airbnb cash on cash: 0.13% Traditional cash on cash: 3.16% Airbnb Rental Income: $1751 Traditional Rental Income: $3108 Airbnb ROI: 0.13% Traditional ROI: 3.16%
1602 15th Ave SW Olympia, WA Spectacular West Olympia rambler won't last long! Updated throughout, new paint, floo...	3 beds \| 2 baths \| 1,156 sq.ft.	$455,000	Airbnb cash on cash: 1.32% Traditional cash on cash: 3.47% Airbnb Rental Income: $1841 Traditional Rental Income: $2260 Airbnb ROI: 1.32% Traditional ROI: 3.47%
5425 Boulevard Extension Rd SE Olympia, WA Almost 3 acres of private lake front property in Olympia School district. The property has...	3 beds \| 2 baths \| 1,752 sq.ft.	$950,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 1.39% Airbnb Rental Income: $1588 Traditional Rental Income: $2701 Airbnb ROI: -0.38% Traditional ROI: 1.39%
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.	$929,500	Airbnb cash on cash: -0.03% Traditional cash on cash: 2.25% Airbnb Rental Income: $1744 Traditional Rental Income: $3237 Airbnb ROI: -0.03% Traditional ROI: 2.25%
12343 Shadowbrook Dr SW Olympia, WA Buy this foreclosure deal the right way. Visit us at Auction.com, then login or create a f...	3 beds \| 2 baths \| 1,768 sq.ft.	$529,900	Airbnb cash on cash: 1.03% Traditional cash on cash: 3.17% Airbnb Rental Income: $1780 Traditional Rental Income: $2355 Airbnb ROI: 1.03% Traditional ROI: 3.17%
6823 47th Ave NE Olympia, WA The âGrand Entranceâ begins at the street and continues when you open the front door! ...	4 beds \| 3 baths \| 3,131 sq.ft.	$950,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 2.71% Airbnb Rental Income: $1531 Traditional Rental Income: $4008 Airbnb ROI: -0.59% Traditional ROI: 2.71%
5311 Waldron Dr NE Olympia, WA Jackie Davis:What you don?t see in the photos is how meticulously maintained this home is....	2 beds \| 2 baths \| 2,155 sq.ft.	$674,950	Airbnb cash on cash: -1.64% Traditional cash on cash: 1.97% Airbnb Rental Income: $1010 Traditional Rental Income: $2925 Airbnb ROI: -1.64% Traditional ROI: 1.97%
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: 4.81% Traditional cash on cash: 9.87% Airbnb Rental Income: $1841 Traditional Rental Income: $2280 Airbnb ROI: 4.81% Traditional ROI: 9.87%
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: 0.53% Traditional cash on cash: 2.78% Airbnb Rental Income: $1820 Traditional Rental Income: $2488 Airbnb ROI: 0.53% Traditional ROI: 2.78%
1909 Division St NW Olympia, WA This is the westside Olympia homestead you've been waiting for! A beautifully maintained r...	3 beds \| 3 baths \| 1,990 sq.ft.	$725,000	Airbnb cash on cash: 0% Traditional cash on cash: 3.69% Airbnb Rental Income: $1820 Traditional Rental Income: $3819 Airbnb ROI: 0% Traditional ROI: 3.69%
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.	$249,950	Airbnb cash on cash: 1.69% Traditional cash on cash: 6.32% Airbnb Rental Income: $1258 Traditional Rental Income: $1954 Airbnb ROI: 1.69% Traditional ROI: 6.32%
6430 33rd Ave NW Olympia, WA Buy through Auction.com. This foreclosure property is a great opportunity to invest in thi...	4 beds \| 2 baths \| 2,143 sq.ft.	$774,999	Airbnb cash on cash: 0.13% Traditional cash on cash: 2.33% Airbnb Rental Income: $1758 Traditional Rental Income: $2860 Airbnb ROI: 0.13% Traditional ROI: 2.33%
1438 Fones Rd SE #A&B Olympia, WA 1438 Fones Rd SE #A&B, Olympia, WA 98501 \| Multi Family	5 beds \| N/A baths \| 2,383 sq.ft.	$699,001	Airbnb cash on cash: -0.98% Traditional cash on cash: 1.59% Airbnb Rental Income: $1119 Traditional Rental Income: $2419 Airbnb ROI: -0.98% Traditional ROI: 1.59%
7007 Fairway Ln SE Olympia, WA 7007 Fairway Ln SE, Olympia, WA 98501 \| Townhouse	3 beds \| 2 baths \| 1,696 sq.ft.	$599,000	Airbnb cash on cash: -0.78% Traditional cash on cash: 1.63% Airbnb Rental Income: $1641 Traditional Rental Income: $2522 Airbnb ROI: -0.78% Traditional ROI: 1.63%
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.	$789,000	Airbnb cash on cash: -0.79% Traditional cash on cash: 2.97% Airbnb Rental Income: $1531 Traditional Rental Income: $3855 Airbnb ROI: -0.79% Traditional ROI: 2.97%
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.	$1,025,000	Airbnb cash on cash: -1.08% Traditional cash on cash: -0.53% Airbnb Rental Income: $1363 Traditional Rental Income: $1474 Airbnb ROI: -1.08% Traditional ROI: -0.53%
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: -0.65% Traditional cash on cash: 0.27% Airbnb Rental Income: $1744 Traditional Rental Income: $2077 Airbnb ROI: -0.65% Traditional ROI: 0.27%
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: -1.86% Traditional cash on cash: -1.56% Airbnb Rental Income: $1119 Traditional Rental Income: $2418 Airbnb ROI: -1.86% 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: 3.35% Traditional cash on cash: 3.78% Airbnb Rental Income: $1285 Traditional Rental Income: $945 Airbnb ROI: 3.35% 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: 1.34% Traditional cash on cash: 0.84% Airbnb Rental Income: $1239 Traditional Rental Income: $731 Airbnb ROI: 1.34% Traditional ROI: 0.84%
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: -0.47% Traditional cash on cash: 2.38% Airbnb Rental Income: $1680 Traditional Rental Income: $3336 Airbnb ROI: -0.47% 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.	$329,995	Airbnb cash on cash: -0.65% Traditional cash on cash: 0.05% Airbnb Rental Income: $1296 Traditional Rental Income: $1108 Airbnb ROI: -0.65% 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.	$639,000	Airbnb cash on cash: -0.12% Traditional cash on cash: 3.37% Airbnb Rental Income: $1661 Traditional Rental Income: $3279 Airbnb ROI: -0.12% Traditional ROI: 3.37%
6753 Bellevista Pl NW Olympia, WA 6753 Bellevista Pl NW, Olympia, WA 98502 \| Single Family Residential	3 beds \| 3 baths \| 3,923 sq.ft.	$848,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 2.05% Airbnb Rental Income: $1820 Traditional Rental Income: $3270 Airbnb ROI: -0.41% Traditional ROI: 2.05%
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.	$1,050,000	Airbnb cash on cash: -0.77% Traditional cash on cash: -1.37% Airbnb Rental Income: $1745 Traditional Rental Income: $686 Airbnb ROI: -0.77% 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.	$4,200,000	Airbnb cash on cash: -1.67% Traditional cash on cash: -1.13% Airbnb Rental Income: $1744 Traditional Rental Income: $3368 Airbnb ROI: -1.67% Traditional ROI: -1.13%
3008 18th Ave SE Olympia, WA 3008 18th Ave SE, Olympia, WA 98501 \| Other	N/A beds \| N/A baths \| N/A	$270,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 0.57% Airbnb Rental Income: $1044 Traditional Rental Income: $741 Airbnb ROI: 0.34% Traditional ROI: 0.57%
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: -0.24% Traditional cash on cash: -0.66% Airbnb Rental Income: $1309 Traditional Rental Income: $705 Airbnb ROI: -0.24% 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: -1% Traditional cash on cash: -0.32% Airbnb Rental Income: $848 Traditional Rental Income: $741 Airbnb ROI: -1% Traditional ROI: -0.32%
2601 Stonecrest Ln NW Olympia, WA 2601 Stonecrest Ln NW, Olympia, WA 98502 \| Other	N/A beds \| N/A baths \| N/A	$225,000	Airbnb cash on cash: 0.02% Traditional cash on cash: 1.07% Airbnb Rental Income: $848 Traditional Rental Income: $741 Airbnb ROI: 0.02% 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: -1.04% Traditional cash on cash: -0.88% Airbnb Rental Income: $1285 Traditional Rental Income: $1018 Airbnb ROI: -1.04% Traditional ROI: -0.88%
1101 Turkey Rd NW Olympia, WA 1101 Turkey Rd NW, Olympia, WA 98502 \| Manufactured Home	2 beds \| 3 baths \| 1,320 sq.ft.	$589,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 0.66% Airbnb Rental Income: $1363 Traditional Rental Income: $1541 Airbnb ROI: -0.42% Traditional ROI: 0.66%
7740 Prine Dr SW Olympia, WA 7740 Prine Dr SW, Tumwater, WA 98512 \| Other	N/A beds \| N/A baths \| 2,100 sq.ft.	$1,150,000	Airbnb cash on cash: -1.17% Traditional cash on cash: -0.63% Airbnb Rental Income: $1376 Traditional Rental Income: $1534 Airbnb ROI: -1.17% Traditional ROI: -0.63%
2222 Old Port Ct NW Olympia, WA 2222 Old Port Ct NW, Olympia, WA 98502 \| Single Family Residential	4 beds \| 3 baths \| 3,380 sq.ft.	$1,850,000	Airbnb cash on cash: -1.37% Traditional cash on cash: 0.21% Airbnb Rental Income: $1717 Traditional Rental Income: $3958 Airbnb ROI: -1.37% Traditional ROI: 0.21%
1128 State Ave NE Olympia, WA 1128 State Ave NE, Olympia, WA 98506 \| Single Family Residential	4 beds \| 2 baths \| 1,620 sq.ft.	$575,000	Airbnb cash on cash: 0.74% Traditional cash on cash: 2.73% Airbnb Rental Income: $2090 Traditional Rental Income: $2619 Airbnb ROI: 0.74% Traditional ROI: 2.73%
1919 Berry St NE Olympia, WA 1919 Berry St NE, Olympia, WA 98506 \| Other	N/A beds \| N/A baths \| N/A	$175,000	Airbnb cash on cash: -2.78% Traditional cash on cash: 3.71% Airbnb Rental Income: $177 Traditional Rental Income: $1040 Airbnb ROI: -2.78% Traditional ROI: 3.71%
3901 Hyde Loop NE Olympia, WA Rare opportunity in Sleater Crossingânow priced at $474,900 for a fast sale. This standa...	3 beds \| 2 baths \| 1,403 sq.ft.	$474,900	Airbnb cash on cash: 0.38% Traditional cash on cash: 2.98% Airbnb Rental Income: $1602 Traditional Rental Income: $2300 Airbnb ROI: 0.38% Traditional ROI: 2.98%
6620 Millstone Ln SE #L-105 Olympia, WA 6620 Millstone Ln SE #L-105, Olympia, WA 98513 \| Condo/Coop	3 beds \| 2 baths \| 1,551 sq.ft.	$390,000	Airbnb cash on cash: -0.33% Traditional cash on cash: 2.96% Airbnb Rental Income: $1641 Traditional Rental Income: $2379 Airbnb ROI: -0.33% Traditional ROI: 2.96%

Real Estate investment in Olympia, WA

There are 569 properties for sale in the city of Olympia . The median list price in Olympia is $579,970 and the average price per square foot is $265. In May 2026, the average monthly cash on cash return in Olympia is 3.00%. The average monthly rental income in Olympia is $2,601.

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

There are 569 investment properties available for sale in Olympia.

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

The ROI for Short-Term is higher than the Long-Term in Olympia with average rental income of $1,641.

Your search for investment property begins and ends here

Investment Property for Sale in Olympia, WA

9923 Overlook Dr NW

Olympia, WA

2 beds | 1 baths | 1,040 sq.ft.

$388,000

Airbnb cash on cash: 0.23%

Traditional cash on cash: 2.83%

Airbnb Rental Income: $1291

Traditional Rental Income: $1832

Airbnb ROI: 0.23%

Traditional ROI: 2.83%

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%

6013 Rocky Mountain Dr SW

Olympia, WA

4 beds | 2 baths | 2,186 sq.ft.

$649,950

Airbnb cash on cash: 0.13%

Traditional cash on cash: 3.16%

Airbnb Rental Income: $1751

Traditional Rental Income: $3108

Airbnb ROI: 0.13%

Traditional ROI: 3.16%

1602 15th Ave SW

Olympia, WA

3 beds | 2 baths | 1,156 sq.ft.

$455,000

Airbnb cash on cash: 1.32%

Traditional cash on cash: 3.47%

Airbnb Rental Income: $1841

Traditional Rental Income: $2260

Airbnb ROI: 1.32%

Traditional ROI: 3.47%

5425 Boulevard Extension Rd SE

Olympia, WA

3 beds | 2 baths | 1,752 sq.ft.

$950,000

Airbnb cash on cash: -0.38%

Traditional cash on cash: 1.39%

Airbnb Rental Income: $1588

Traditional Rental Income: $2701

Airbnb ROI: -0.38%

Traditional ROI: 1.39%

2103 46th Ave NE

Olympia, WA

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

$929,500

Airbnb cash on cash: -0.03%

Traditional cash on cash: 2.25%

Airbnb Rental Income: $1744

Traditional Rental Income: $3237

Airbnb ROI: -0.03%

Traditional ROI: 2.25%

12343 Shadowbrook Dr SW

Olympia, WA

3 beds | 2 baths | 1,768 sq.ft.

$529,900

Airbnb cash on cash: 1.03%

Traditional cash on cash: 3.17%

Airbnb Rental Income: $1780

Traditional Rental Income: $2355

Airbnb ROI: 1.03%

Traditional ROI: 3.17%

6823 47th Ave NE

Olympia, WA

4 beds | 3 baths | 3,131 sq.ft.

$950,000

Airbnb cash on cash: -0.59%

Traditional cash on cash: 2.71%

Airbnb Rental Income: $1531

Traditional Rental Income: $4008

Airbnb ROI: -0.59%