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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Olympia, WA

$ 400,000
ROI
21.2
Cash Flow/m
163- 3 Bed
- 2 Bath
- 1742 sft
3614 Simmons Mill Court SW #B, Olympia, WA, 98512

$ 350,000
ROI
20.1
Cash Flow/m
36- 2 Bed
- 2 Bath
- 1463 sft
908 East Bay Drive NE #E-104, Olympia, WA, 98506

$ 220,000
ROI
23.7
Cash Flow/m
239- 2 Bed
- 2 Bath
- 810 sft
2300 9th Ave SW #A2, Olympia, WA, 98502

$ 240,000
ROI
27.1
Cash Flow/m
489- 3 Bed
- 2 Bath
- 1168 sft
7411 Fairview Road SW #24, Olympia, WA, 98512
Why Invest in Olympia, Washington?
Olympia, WA condo investments offer stable returns in a capital city market with steady state government demand. Low vacancy and consistent appreciation make condos appealing for hands-off investors. Average cap rates hover around 5%, with rental yields supporting positive cash flow. Proximity to employment centers drives renter occupancy above 40%. Recent legislative changes favor condo developments, enhancing supply efficiency.
7.2%
Avg. ROI
5.1%
Rental Yield
4.8%
Cap Rate
$420/mo
Avg. Cash Flow
$1850/mo
Avg. Rent
2.1%
1Y Appreciation
Frequently Asked Questions
Yes, condos offer solid cap rates around 5% and low maintenance via HOAs. Steady state jobs drive renter demand. Appreciation tracks 2% annually in this stable market.
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