101 2nd Avenue NW Olympia, WA 98512
101 2nd Avenue NW
Olympia, WA 98512
$599,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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.
Property Features
Community: Tumwater Hill
Duplex
Cable TV
Gas Available
High Speed Internet
Exterior: Wood
Exterior: Wood Products
Roof: Composition
Year Built: 1930
2025 Taxes: $2977.00
Buyer Broker Comp.: 2.5%%
Listing #: 2435878
Lot Details
Lot Size: 0.14 acres
Lot Dimensions: 50x119
Sidewalk
No. of Units: 2
Interior
Cooling: None
Heating: Wall Unit(s)
Electric
Schools
District: Tumwater
Elem: Tumwater Hill Elem
Middle: Tumwater Mid
High: A G West Black Hills
Call or Email:
Grace Wamwere
What's Near 101 2nd Avenue NW Olympia, WA 98512?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
DMCA Notice 
Courtesy of Coldwell Banker Evergreen
