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New Multi-Family Investment Opportunity: Ridgewood Court Duplex Portfolio

The Rants Group is pleased to present a rare multi-family investment opportunity in Olympia’s desirable Cooper Point neighborhood. The Ridgewood Court Duplex Portfolio consists of three adjacent duplex properties located within a quiet cul-de-sac, offering investors the opportunity to acquire six residential units in a single, well-positioned location.

Portfolio Overview

Properties Included:

  • 4416 Ridgewood Ct NW, Olympia, WA 98502 $499,000
  • 4420 Ridgewood Ct NW, Olympia, WA 98502 $499,000
  • 4424 Ridgewood Ct NW, Olympia, WA 98502 $485,000

This portfolio features three single-story duplexes with primarily 2-bedroom, 1-bath floor plans designed to appeal to a broad tenant base. The clustered ownership structure creates operational efficiencies while providing the stability and long-term growth potential investors seek in today’s market.

Investment Highlights

  • Three duplex properties totaling six residential units
  • Desirable Cooper Point location in Olympia
  • Quiet cul-de-sac setting
  • Functional and efficient 2-bedroom floor plans
  • Strong rental demand within the Olympia market
  • Opportunity for immediate income generation
  • Potential upside through lease optimization and long-term appreciation
  • Convenient access to major employment centers, retail amenities, and transportation corridors

Property Features

Each duplex offers practical layouts that support comfortable everyday living. Units include spacious living areas, full kitchens equipped with appliances, and well-designed floor plans that continue to attract renters seeking quality housing in the Olympia area.

The properties benefit from generous lot sizes and a low-density residential environment while remaining close to shopping, dining, healthcare services, and recreational amenities.

Prime Cooper Point Location

Located in one of Olympia’s most established residential neighborhoods, the Ridgewood Court properties offer convenient access to:

  • Downtown Olympia
  • Cooper Point retail and service corridor
  • The Evergreen State College
  • Providence St. Peter Hospital and other healthcare facilities
  • Highway 101 and Interstate 5
  • Parks, trails, and recreational opportunities

The combination of neighborhood appeal and accessibility supports strong tenant demand and long-term investment value.

List of Recent Improvements

4416 RIDGEWOOD CT:

  • Re-roof (2025)
  • Unit A: Refinished shower (April 2025),
  • Unit A: New dryer (November 2024)
  • Unit A: new kitchen appliances (November 2024)
  • Unit B: New kitchen appliances (November 2025)
  • Unit B: New carpets and vinyl (October 2024)

4420 RIDGEWOOD CT

  • Unit A: New carpets (October 2024)
  • Unit A: All new kitchen appliances (September 2024)
  • Unit A: Refinished countertops in kitchen/bathroom (Sep 2024)
  • Unit A: Full interior paint (September 2024)
  • Unit B: Refinished countertops (September 2025)
  • Unit B: Carpet replacement (August 2025)
  • Unit B: Full interior paint (August 2025)

4424 RIDGEWOOD CT

  • Unit A: New septic tank (November 2024)

View the Individual Listings

Download the Portfolio Flyer

Learn More

For additional information regarding the Ridgewood Court Duplex Portfolio, including pricing, financial information, and property tours, please contact The Rants Group.

The Rants Group
360.943.8060
www.rantsgroup.com

Investment real estate opportunities such as this portfolio are increasingly difficult to find in established Olympia neighborhoods. Contact our team today to learn more about this unique offering.

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