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1614 Decatur Street SW, Olympia, WA, 98502

6beds
6baths
2,964sqft
$819,000
$276price/sqft
$5,260/moest. monthly cost
$210,400/yrincome needed

About This Home

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.

Getting Around

16
WalkingCar-Dependent
45
TransitSome Transit
33
BikeSomewhat Bikeable

Schools

8/10
Capital High SchoolGrades 9-121.4 mi

Construction

Condition

  • Property condition: Under Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Cement Planked,Cement Plank

Type & Style

  • Home type: MultiFamily
  • Architectural style: Duplex
  • Property subType: Duplex,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 6

Features

  • Flooring: Vinyl,Carpet

Heating & Cooling

  • Heating features: Forced Air,Heat Pump,Electric
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 2,964
  • Total interior livable area: 2,964 sqft

Property

Details

  • Parcel number: 38703303000
  • Zoning description: Jurisdiction: City
  • Special condition: Standard

Lot

  • Lot size: 5,702 sqft
  • Features: Paved

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Uncovered spaces: 1