Condo Investment Properties for Sale in Olympia, WA
Listed for sale today
$ 400,000
ROI
20.4
Cash Flow/m
71- 3 Bed
- 3 Bath
- 1586 sft
3488 Simmons Mill Court SW #B, Olympia, WA, 98512
$ 290,000
ROI
28.3Cash Flow/m
688- 2 Bed
- 2 Bath
- 1088 sft
2812 60th Lane SE #D, Olympia, WA, 98501
$ 290,000
ROI
22.6Cash Flow/m
226- 2 Bed
- 2 Bath
- 1168 sft
7409 Fairview Road SW #7C/18, Olympia, WA, 98512
$ 459,950
ROI
22.2Cash Flow/m
314- 3 Bed
- 3 Bath
- 1785 sft
3413 6th Avenue NW, Olympia, WA, 98502
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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