Property Details
1614 Decatur Street SW
Olympia, WA 98502
$819,000
Active
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Property Overview
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.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Thurston
Neighborhood
Westside
Listed
Jun 12, 2026
Structure Type
Duplex
New Construction
Yes
Parcel Number
38703303000
Building & Use
Building Sq Ft
2,964
Leasable Area
2,964 sqft
Total Units
2
Lot Size
5,702 sqft
Year Built
2026
Exterior & Lot
Lot Size
0.13 sqft
Year Built
2026
Garage
1 spaces
Exterior Materials
Cement Plank
Sewer
Sewer Connected
Water Source
Public
Lot Features
Paved
Exterior Features
Cement Planked
Community & Access
Directions
Black Lake Blvd, East on 9th, Right on Decatur St to property on the left.
Location
City
Olympia
County
Thurston
Coordinates
47.03310, -122.92310
Additional Information
New Construction
Yes
Possession
Array
Based on information submitted to the MLS GRID as of June 15, 2026 5:00 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
