Despite the often false impression that the analytic philosophy as an anti-metaphysical movement has nothing to do with metaphysics, there can be found good reasons to grant the metaphysical dispositions of analytic philosophers, and thereby, to minimize the anti-metaphysical nature of analytic philosophy in its all phases. Since analytic philosophy is a historical movement the main nature of which developed through several stages, the very kinds of metaphysical dispositions within each one of its various stages can be easily portrayed. In the meantime, logical realism as the early stage of analytic philosophy contains plenty of metaphysical dispositions. Undoubtedly, one cannot say that analytic philosophy in this period was not committed to metaphysical theses about the plurality of entities, the ultimate nature of reality and the logical structure of the world. In this paper, then, after giving a relatively complete explanation of the logical realism, we claimed that although logical realists rejected the traditional speculative metaphysics of their predecessors, they also replaced it by the metaphysics of logic that pursues the metaphysical aims, this time, by logical means. So, we portrayed this kind of metaphysics as Bolzano’s Semantic Platonism, Frege’s and Russell’s Pluralistic Platonism, Russell’s Pluralistic Atomism, and Wittgenstein’s logical atomism.