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About the Listing 190 - 111782
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.
Listing Highlights for 101 2nd Ave NW
Status
Active
Days on Site
22
Property Type
Multi-Family
MLS ®
2435878
Year Built
1930
Total Square Footage
2,244
Lot/Acreage
0.14
County
Thurston
Neighborhood
Tumwater Hill
Area
443 - Tumwater
School District
Tumwater
Elementary School
Tumwater Hill Elementary
Middle School
Tumwater Middle
High School
A G West Black Hills
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Laminate,Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City of Tumwater
Exterior Details
- Lot Description: Sidewalk,Cable TV,Gas Available,High Speed Internet,Zoning: Multi-Family,Residential
- Garage Capacity: N/A
- Parking Spaces: 3
- Lot Dimensions: 50x119
- Zoning: Multi-Family,Residential
- Roof: Composition
- Others: Wood,Wood Products,Average
- Sewer: City of Tumwater
Financial Details
- Tax Amount: $2,977
- Taxes w/Assessments: N/A
- Tax/Property ID: 80601600100
- Tax Year: 2025
Payment Calculator
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Listing Location
Questions About..
101 2nd Ave NW Olympia, WA 98512
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