101 2nd Avenue NW, Olympia, WA 98512 (MLS # 2435878)
Twitter
Facebook
Email|
Listing provided courtesy of Northwest MLS; Coldwell Banker Evergreen
|
High-Performing duplex in prime Tumwater location. Moments from the Craft District this fully detached duplex offers exceptional rental income and long-term upside. The refreshed 3-bed, 1-bath main home is leased at $2,657/month through May 2026, while the detached 1-bed 1-bath ADU is vacant and ready for new tenants or owner occupancy. NOI tops $45K/year when fully leased"”some of the strongest returns in the county! Ideal for investors seeking a reliable asset or buyers interested in house-hacking with flexibility. Excellent access to I-5, Brewery Park at Tumwater Falls, schools, and local amenities. Strong tenant, solid lease in place, and room to increase total yield on the ADU. Top-tier opportunity in one of the areas strongest markets.
| LAST UPDATED | 9/19/2025 | TRACT | Tumwater Hill |
|---|---|---|---|
| YEAR BUILT | 1930 | COMMUNITY | Tumwater Hill |
| COUNTY | Thurston | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Tumwater Hill Elem |
|---|---|
| Jr. High School | Tumwater Mid |
| High School | A G West Black Hills |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 443 - Tumwater |
| CONSTRUCTION | Wood Siding |
| HEAT | Electric |
| LOT | 5933 sq ft |
| LOT DESCRIPTION | Sidewalk |
| LOT DIMENSIONS | 50x119 |
| MLS STATUS | Active |
| STORIES | 1 |
| STYLE | 52 - Duplex |
| SUBDIVISION | Tumwater Hill |
| TAXES | 2977 |
| UTILITIES | Cable Available, Sewer Connected |
| WATER | Public |
| ZONING | Multi-Family,Residential |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
| / | |
Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 10/13/25 2:16 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
DMCA Notice
This IDX solution is (c) Diverse Solutions 2025.