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
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.	$475,950	Airbnb cash on cash: N/A Traditional cash on cash: 3.13% Airbnb Rental Income: $null Traditional Rental Income: $2367 Airbnb ROI: N/A Traditional ROI: 3.13%
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.	$679,950	Airbnb cash on cash: 1.88% Traditional cash on cash: 2.98% Airbnb Rental Income: $3121 Traditional Rental Income: $3108 Airbnb ROI: 1.88% Traditional ROI: 2.98%
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: -0.37% Traditional cash on cash: 2.25% Airbnb Rental Income: $1386 Traditional Rental Income: $3237 Airbnb ROI: -0.37% Traditional ROI: 2.25%
2837 Johns Pl NE Olympia, WA Beautifully updated 3 bed/2 bath rambler in highly desired area! This gorgeous home boasts...	3 beds \| 2 baths \| 1,376 sq.ft.	$529,450	Airbnb cash on cash: -0.34% Traditional cash on cash: 1.85% Airbnb Rental Income: $1309 Traditional Rental Income: $1982 Airbnb ROI: -0.34% Traditional ROI: 1.85%
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.	$720,000	Airbnb cash on cash: -1.42% Traditional cash on cash: 1.8% Airbnb Rental Income: $1150 Traditional Rental Income: $2925 Airbnb ROI: -1.42% Traditional ROI: 1.8%
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: 4.34% Traditional cash on cash: 9.87% Airbnb Rental Income: $1737 Traditional Rental Income: $2280 Airbnb ROI: 4.34% Traditional ROI: 9.87%
5117 Rumac St SE Olympia, WA Charming and tastefully updated home near Pattison Lake boasting 2,706 sq.ft. with 4beds &...	4 beds \| 2 baths \| 2,630 sq.ft.	$540,000	Airbnb cash on cash: 2.04% Traditional cash on cash: 4.97% Airbnb Rental Income: $2655 Traditional Rental Income: $3503 Airbnb ROI: 2.04% Traditional ROI: 4.97%
6910 Glen Annie Ln SW Olympia, WA Welcome to the Delphi Country Club neighborhood! This tri-level home is one-of-a-kind. Enj...	3 beds \| 3 baths \| 1,836 sq.ft.	$579,900	Airbnb cash on cash: 0.3% Traditional cash on cash: 3.32% Airbnb Rental Income: $1737 Traditional Rental Income: $2893 Airbnb ROI: 0.3% Traditional ROI: 3.32%
9427 Case Rd SW Olympia, WA Buy through Auction.com. This foreclosure property is a great opportunity to invest in thi...	5 beds \| 4 baths \| 4,064 sq.ft.	$534,800	Airbnb cash on cash: N/A Traditional cash on cash: 5.65% Airbnb Rental Income: $null Traditional Rental Income: $3712 Airbnb ROI: N/A Traditional ROI: 5.65%
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.	$799,999	Airbnb cash on cash: 0.78% Traditional cash on cash: 2.22% Airbnb Rental Income: $2370 Traditional Rental Income: $2860 Airbnb ROI: 0.78% Traditional ROI: 2.22%
5501 Hamptons St SE Olympia, WA 5501 SE Hamptons St, Olympia, WA 98501 \| Single Family Residential	2 beds \| 2 baths \| 1,508 sq.ft.	$452,500	Airbnb cash on cash: 0.02% Traditional cash on cash: 2.79% Airbnb Rental Income: $1520 Traditional Rental Income: $2248 Airbnb ROI: 0.02% Traditional ROI: 2.79%
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.	$777,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 1.52% Airbnb Rental Income: $1703 Traditional Rental Income: $2625 Airbnb ROI: -0.4% Traditional ROI: 1.52%
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: -0.59% Traditional cash on cash: 2.91% Airbnb Rental Income: $1724 Traditional Rental Income: $3855 Airbnb ROI: -0.59% Traditional ROI: 2.91%
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: -0.99% Traditional cash on cash: 0.27% Airbnb Rental Income: $1386 Traditional Rental Income: $2077 Airbnb ROI: -0.99% 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: -1.82% Traditional cash on cash: -1.56% Airbnb Rental Income: $1346 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: 3.83% Traditional cash on cash: 3.78% Airbnb Rental Income: $1369 Traditional Rental Income: $945 Airbnb ROI: 3.83% 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: 1.65% Traditional cash on cash: 0.84% Airbnb Rental Income: $1323 Traditional Rental Income: $731 Airbnb ROI: 1.65% 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: -0.45% Traditional cash on cash: 2.38% Airbnb Rental Income: $1697 Traditional Rental Income: $3336 Airbnb ROI: -0.45% 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: -0.3% Traditional cash on cash: 0.05% Airbnb Rental Income: $1427 Traditional Rental Income: $1108 Airbnb ROI: -0.3% 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: -0.25% Traditional cash on cash: 3.37% Airbnb Rental Income: $1569 Traditional Rental Income: $3279 Airbnb ROI: -0.25% Traditional ROI: 3.37%
1546 Reservation Rd SE #191 Olympia, WA 1546 Reservation Rd SE #191, Dupont, WA 98513 \| Condo/Coop	1 beds \| N/A baths \| 120 sq.ft.	$130,000	Airbnb cash on cash: 2.18% Traditional cash on cash: 3.22% Airbnb Rental Income: $1427 Traditional Rental Income: $1130 Airbnb ROI: 2.18% Traditional ROI: 3.22%
6753 Bellevista Pl NW Olympia, WA 6753 Bellevista Pl NW, Olympia, WA 98502 \| Single Family Residential	3 beds \| 3 baths \| 3,923 sq.ft.	$878,000	Airbnb cash on cash: -1.16% Traditional cash on cash: 1.91% Airbnb Rental Income: $1133 Traditional Rental Income: $3270 Airbnb ROI: -1.16% Traditional ROI: 1.91%
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: N/A Traditional cash on cash: -1.37% Airbnb Rental Income: $null Traditional Rental Income: $686 Airbnb ROI: N/A Traditional ROI: -1.37%
1546 Reservation Rd SE #253 Olympia, WA 1546 Reservation Rd SE #253, Dupont, WA 98513 \| Condo/Coop	1 beds \| 1 baths \| 5,472 sq.ft.	$210,000	Airbnb cash on cash: 0.63% Traditional cash on cash: 0.68% Airbnb Rental Income: $1427 Traditional Rental Income: $1009 Airbnb ROI: 0.63% Traditional ROI: 0.68%
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: -1.75% Traditional cash on cash: -1.13% Airbnb Rental Income: $1386 Traditional Rental Income: $3368 Airbnb ROI: -1.75% 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	$285,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 0.44% Airbnb Rental Income: $1232 Traditional Rental Income: $741 Airbnb ROI: 0.8% Traditional ROI: 0.44%
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: -0.17% Traditional cash on cash: -0.66% Airbnb Rental Income: $1350 Traditional Rental Income: $705 Airbnb ROI: -0.17% Traditional ROI: -0.66%
0 XXX Gravelly Beach Loop NW Olympia, WA 0 XXX Gravelly Beach Loop NW, Olympia, WA 98502 \| Other	N/A beds \| N/A baths \| N/A	$799,000	Airbnb cash on cash: -1.27% Traditional cash on cash: -1.1% Airbnb Rental Income: $971 Traditional Rental Income: $741 Airbnb ROI: -1.27% Traditional ROI: -1.1%
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: -0.69% Traditional cash on cash: -0.32% Airbnb Rental Income: $971 Traditional Rental Income: $741 Airbnb ROI: -0.69% 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: 0.5% Traditional cash on cash: 1.07% Airbnb Rental Income: $971 Traditional Rental Income: $741 Airbnb ROI: 0.5% 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: -0.95% Traditional cash on cash: -0.88% Airbnb Rental Income: $1369 Traditional Rental Income: $1018 Airbnb ROI: -0.95% Traditional ROI: -0.88%
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: -1.29% Traditional cash on cash: -0.63% Airbnb Rental Income: $1218 Traditional Rental Income: $1534 Airbnb ROI: -1.29% Traditional ROI: -0.63%
1328 Susitna Ln SW Olympia, WA 1328 Susitna Ln SW, Tumwater, WA 98512 \| Single Family Residential	4 beds \| 2 baths \| 2,183 sq.ft.	$530,000	Airbnb cash on cash: 2.46% Traditional cash on cash: 3.54% Airbnb Rental Income: $3036 Traditional Rental Income: $2879 Airbnb ROI: 2.46% Traditional ROI: 3.54%
2406 Island Dr NW Olympia, WA 2406 Island Dr NW, Olympia, WA 98502 \| Single Family Residential	4 beds \| 2 baths \| 2,976 sq.ft.	$1,295,000	Airbnb cash on cash: -1.68% Traditional cash on cash: 0.61% Airbnb Rental Income: $993 Traditional Rental Income: $3401 Airbnb ROI: -1.68% Traditional ROI: 0.61%
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: 5.01% Traditional cash on cash: 3.71% Airbnb Rental Income: $1734 Traditional Rental Income: $1040 Airbnb ROI: 5.01% Traditional ROI: 3.71%
3901 Hyde Loop NE Olympia, WA Amazing standalone Taylor Plan featuring a 3-bedroom, 2-bath home on a desirable corner lo...	3 beds \| 2 baths \| 1,403 sq.ft.	$489,900	Airbnb cash on cash: -0.22% Traditional cash on cash: 2.83% Airbnb Rental Income: $1309 Traditional Rental Income: $2300 Airbnb ROI: -0.22% Traditional ROI: 2.83%
2640 Bethel St NE Olympia, WA 2640 Bethel St NE, Olympia, WA 98506 \| Single Family Residential	3 beds \| 2 baths \| 2,224 sq.ft.	$625,000	Airbnb cash on cash: -0.84% Traditional cash on cash: 3.11% Airbnb Rental Income: $1128 Traditional Rental Income: $3057 Airbnb ROI: -0.84% Traditional ROI: 3.11%
8131 Kerbaugh Rd NE Olympia, WA 8131 Kerbaugh Rd NE, Longbranch, WA 98516 \| Single Family Residential	4 beds \| 3 baths \| 1,820 sq.ft.	$725,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 2.52% Airbnb Rental Income: $1724 Traditional Rental Income: $3132 Airbnb ROI: -0.26% Traditional ROI: 2.52%
2024 Lorraine Dr SE Olympia, WA 2024 Lorraine Dr SE, Tenino, WA 98501 \| Single Family Residential	3 beds \| 2 baths \| 1,960 sq.ft.	$657,000	Airbnb cash on cash: -0.29% Traditional cash on cash: 2.34% Airbnb Rental Income: $1578 Traditional Rental Income: $2736 Airbnb ROI: -0.29% Traditional ROI: 2.34%
2336 Killarney Ct NW Olympia, WA 2336 Killarney Ct NW, Olympia, WA 98502 \| Single Family Residential	4 beds \| 2 baths \| 2,354 sq.ft.	$650,000	Airbnb cash on cash: -1.16% Traditional cash on cash: 2.89% Airbnb Rental Income: $993 Traditional Rental Income: $3095 Airbnb ROI: -1.16% Traditional ROI: 2.89%

Real Estate investment in Olympia, WA

There are 423 properties for sale in the city of Olympia . The median list price in Olympia is $550,000 and the average price per square foot is $265. In April 2026, the average monthly cash on cash return in Olympia is 3.00%. The average monthly rental income in Olympia is $2,508.

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

There are 423 investment properties available for sale in Olympia.

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

The ROI for Short-Term is higher than the Long-Term in Olympia with average rental income of $1,428.

Your search for investment property begins and ends here

Investment Property for Sale in Olympia, WA

1833 Eastside St SE

Olympia, WA

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

$475,950

Airbnb cash on cash: N/A

Traditional cash on cash: 3.13%

Airbnb Rental Income: $null

Traditional Rental Income: $2367

Airbnb ROI: N/A

Traditional ROI: 3.13%

6013 Rocky Mountain Dr SW

Olympia, WA

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

$679,950

Airbnb cash on cash: 1.88%

Traditional cash on cash: 2.98%

Airbnb Rental Income: $3121

Traditional Rental Income: $3108

Airbnb ROI: 1.88%

Traditional ROI: 2.98%

2103 46th Ave NE

Olympia, WA

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

$929,500

Airbnb cash on cash: -0.37%

Traditional cash on cash: 2.25%

Airbnb Rental Income: $1386

Traditional Rental Income: $3237

Airbnb ROI: -0.37%

Traditional ROI: 2.25%

2837 Johns Pl NE

Olympia, WA

3 beds | 2 baths | 1,376 sq.ft.

$529,450

Airbnb cash on cash: -0.34%

Traditional cash on cash: 1.85%

Airbnb Rental Income: $1309

Traditional Rental Income: $1982

Airbnb ROI: -0.34%

Traditional ROI: 1.85%

5311 Waldron Dr NE

Olympia, WA

2 beds | 2 baths | 2,155 sq.ft.

$720,000

Airbnb cash on cash: -1.42%

Traditional cash on cash: 1.8%

Airbnb Rental Income: $1150

Traditional Rental Income: $2925

Airbnb ROI: -1.42%

Traditional ROI: 1.8%

1111 Archwood Dr SW #341

Olympia, WA

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

$194,500

Airbnb cash on cash: 4.34%

Traditional cash on cash: 9.87%

Airbnb Rental Income: $1737

Traditional Rental Income: $2280

Airbnb ROI: 4.34%

Traditional ROI: 9.87%

5117 Rumac St SE

Olympia, WA

4 beds | 2 baths | 2,630 sq.ft.

$540,000

Airbnb cash on cash: 2.04%

Traditional cash on cash: 4.97%

Airbnb Rental Income: $2655

Traditional Rental Income: $3503

Airbnb ROI: 2.04%

Traditional ROI: 4.97%

6910 Glen Annie Ln SW

Olympia, WA

3 beds | 3 baths | 1,836 sq.ft.

$579,900

Airbnb cash on cash: 0.3%

Traditional cash on cash: 3.32%

Airbnb Rental Income: $1737

Traditional Rental Income: $2893

Airbnb ROI: 0.3%