101 2nd AVE NW Active Save Request In-Person Tour Request Virtual Tour
Olympia,WA 98512
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,244 sqft
Price per Sqft $266
Subdivision Tumwater Hill
MLS Listing ID 2433412
Style 10 - 1 Story
Bedrooms 4
Full Baths 2
Year Built 1930
Annual Tax Amount $2,977
Lot Size 5,935 Sqft
Property Sub-Type Single Family Residence
Property Description
Nestled just off Tumwater's historic core and minutes from the vibrant Craft District, this versatile home + ADU blends lifestyle and income opportunity. The main home is warm and inviting 3-bedroom and has been refreshed, while the fully detached 1-bedroom, 1-bath ADU offers unmatched flexibility. Live in one and lease the other, or maximize your investment with both units generating income. The main home is currently leased at $2,657/month through May 2026, while the ADU is delivered vacant and ready for your vision. With a projected NOI over $45K - (with the ADU rented), freeway access nearby, parks and trails, including Brewery Park at Tumwater Falls - this property is more than a home it's a strategic real estate asset.
Location
State WA
County Thurston
Area 443 - Tumwater
Interior
Flooring Laminate,Vinyl
Exterior
Exterior Feature Wood,Wood Products
Amenities Available Cable TV,Gas Available,High Speed Internet
View Y/N No
Roof Type Composition
Building
Lot Description Sidewalk
Story One
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Tumwater Hill Elem
Middle Schools Tumwater Mid
High Schools A G West Black Hills
School District Tumwater
Others
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional