The median home value in Olympia, WA is $525,000.
This is
higher than
the county median home value of $437,000.
The national median home value is $308,980.
The average price of homes sold in Olympia, WA is $525,000.
Approximately 49% of Olympia homes are owned,
compared to 45% rented, while
6% are vacant.
Olympia real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Olympia real estate agent to arrange a tour today!
Learn more about Olympia.
Looking for a private, tucked-away site while still being close to everything with easy access? Discover the endless possibilities with this 2.5-acre lot! Bring your expertise and build your dream project. Don't miss out on this incredible opportunity"schedule your viewing today and start your investment journey!
Located three blocks from the Capitol Building, this 120 ft x 111 ft size lot, 120 ft frontage on Union Avenue SE, making it exceptionally suitable for a variety of developments including apartment buildings, senior housing, homeless shelters, and more due to its "Urban Residential" zoning(UR), which could permit up to 5 story 42 ft height with 85% lot coverage, a 10 ft front setback, 5 ft rear set back, no side setbacks can provide 11,000 SF lot coverage X 4 story building (44,000 SF for 45-60 unit apartment or senior housing or 70 homeless housing units ). No parking required for residential apartment,senior housing or home less shelter . previously used as a parking lot for an office building.
Zoned duplex or 2 SFRs w/ADU w/subdivide. Feasibility review approved w/City. Great walkable pocket neighborhood lot on dead-end street. Build a mult-gen. estate, w/ADU as add'l income. Keep subdivide as investment for later. Abuts large conservation area giving a serene setting for whole parcel, yet in the heart of it all. Close to Briggs Village, new Craft District, Downtown, I-5, shops, services. Very buildable, with gentle slope ideally suited for walkout basement to add height for enhanced view, add'l living space and/or storage. Tough preliminary work is done: Negotiated/recorded Easement; Wetland delineation; Geo-Tech study; Recent Survey. No visits onto lot w/o licensed broker. Not making more, so get this land for your future!
Secluded over half-acre lot in the forest, on Karen Frazer Woodland Trail, within walking and biking distance of downtown and Capital Campus. The owner commutes to work walking downtown. The city sewer is on-site, and all other utilities are on the street. Although the jurisdiction map states there is a wetland, there is no wetland on the property. A copy of the original wetland delineation is included for the adjoining property build, and a current study is being completed. There is an easement access that is partially developed. There is also the option of developing the city alley on the alternate side of the property for access.
Vacant lot right off I-5 close to all amenities! Owner is open to long term lease. Great zoning allows you to go vertical. All utilities are on the lot Including Water Sewer and Power. Property was a car wash fully paved lot. On bus line and close to on and off ramps. Close to all shopping and restaurants. Close to golf courses parks and schools.
Investors welcomed! Motivated seller ready to part with City of Olympia lot. City water & power in street. Sewer at the South corner of the block & is required. Look out for old foundation excavation hole that was dug, when looking at property. Mostly flat terrain and slight slope towards rear corner. Olympia schools, and close to downtown shopping, restaurants, parks & transportation. No HOA. Please check with City for their requirements.
Investment Opportunity! Discover a 14,475 sqft wooded lot nestled in a well-established residential neighborhood. Zoned R-6-12 for two-family residences, this property offers water, sewer, gas, and electricity access. It's the perfect canvas to build your dream home! Ideally situated just minutes from shops, parks, and downtown Olympia. Don't miss out on this fantastic opportunity!
OLYMPIA CORE RESIDENTIAL DEVELOPMENT OPPORTUNITY ON 3.31 ACRES!!! Preliminary Plat for 16 Townhomes...! Project located off Middle Street (just down from Olympia High School...)/Henderson Blvd. Work done to date: SITE PLANS, CIVIL PLANS, DRAINAGE PLAN, STORM PLAN, PEST MANAGEMENT REVIEW, GEO/SOILS, TOPOGRAPHY, SEPa (with comments). Owner will deliver all these to buyer and if potential buyer wishes, they can do Single Family Homes here too!
*VACANT* Luxury Living and Income streams in the Heart of Downtown Olympia Nestled in the vibrant downtown corridor of Olympia, this exceptional vacant lot presents an unparalleled opportunity to create a luxurious duplex or fourplex living experience. While earning and income from long term lease, legislature session or short term rental. With all the necessary headache completed, including a comprehensive SURVEY, ENGINEERING, ARCHITECTURAL DESIGN, and GEOTECH analysis, this prime location is primed for your income dream development. Property currently has small shed. Listed with HomeRise.
A fabulous development opportunity located within the City of Olympia jurisdiction: premium potential to build your dream home or to add to your investment portfolio. Three separate tax parcels combining to nearly an acre of land. Instant equity! Listed at over $32k below assessed value. Raw land, ready for development. Zoning R 4-8 allows for 4-8 units per acre with the option for single family, duplex, triplex, or fourplex. Manufactured homes allowed! Public utilities are just blocks away (water & sewer) to be connected to. Tucked away in the tall trees, surrounded by nature, yet with direct access to the Historical District of downtown Olympia, with Lacey shopping at your fingertips.
An exceptional opportunity presents itself with this multi-family development prospect in Olympia, WA. Situated off of Martin Way, a bustling thoroughfare, between three recently established and fully occupied multifamily developments, this parcel is primed for similar success. Preliminary conceptual plans indicate the potential for up to 60 units. Its advantageous proximity to St. Peter's Hospital underscores its strategic location. Centrally positioned between Olympia and Lacey, tenants will enjoy convenient access to a variety of amenities including retail, dining, and Interstate-5, facilitating a seamless commute to Joint Base Lewis McChord (JBLM) for military personnel, as well as civilian, and state employees.
LAST LARGE LOT ON YELM HIGHWAY - 8.83 acres! High Traffic Counts (~30,000 vpd)... Zoned Commercial/Multi-Family/Retail/Office/Medical--- all possible! LOWE'S, WAL MART, SAFEWAY, QFC, STARBUCKS, BURGER KING, MC DONALDS, TACO BELL, CHIPOTLE, RITE AID....are all nearby! Mostly flat and cleared. All Utilities available on both Rich Rd and Yelm Hwy! One of the nicest areas of Olympia and Olympia schools nearby! Seller Financing or Participation may be possible.
Opportunity time! This ideally located .34 acre site is zoned Urban Residential and is sited so conveniently close to office buildings, downtown, and the freeway in a high density job area. Urban Residential requires no minimum/maximum unit/acre density requirements. 55' height restriction. Would appear to provide 20-25 units on site.
6.63 Acres of Development Land w/ MFM Zoning which permits all configurations of multi-family, townhouses, rowhouses, manufactured home parks, senior housing, cottage housing, & more. Density of 9-15 units/acre, but possible to increase to 20 units/acre by incorporating permanently affordable housing units. Max height of 40 ft. Level topo & no wetlands. Mostly treed w/ some clear areas. Water & Sewer are about 1300 ft away along Hwy 99 with plans in place to run the lines past property to near intersection. At max density, this property could produce 99 units at $19.9K/unit. By incorporating the max affordable housing units, it could yield 133 units at $14.8K/unit. Priced at $6.84/SF. Located w/in the UGA of Tumwater.