1614 Decatur Street SW, Olympia, WA 98502

Property Description

Exceptional opportunity to acquire brand-new duplexes in highly desirable West Olympia. Built for long-term, low-maintenance ownership, these turnkey investment properties offer modern construction with minimal capital expenditure concerns for years to come. Located in a strong rental market characterized by high demand, low vacancy rates, and attractive rental income potential, these duplexes are well-positioned for consistent cash flow and long-term appreciation. Situated at the end of a private dead-end street, the properties offer a quiet setting that appeals to quality tenants while remaining conveniently close to major employers, shopping, schools, and commuter routes. Whether you're looking to expand your portfolio or complete a 1031 exchange, this is a rare opportunity to invest in newly constructed multifamily assets in one of Olympia's most sought-after rental locations.

Listing Status:

Active

Data Last Updated:

July 6, 2026 at 4:19AM

Listing Office:

Capitol Real Estate LLC : 360-489-6439

Listing Agent:

Justin W Hjelm : 360-489-6439

MLS ID:

2537959

Interior

• Flooring: VinylCarpet
• A/C: Heat Pump
• Heating: Forced AirHeat Pump
• Fireplace: Fireplaces: 0

Exterior

• General: Cement Planked
• Parking: Parking spaces: 2

Construction

• Roofing: Composition
• General: 52 - DuplexPoured Concrete

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Olympia
• County: Thurston

Lot

• Zoning: 38703303000

Utilities

• Water: Public
• Sewer: Sewer Connected

Financial

• Source: nwmls