Bought with: ZNonMember-Office-MLS
$360,000
$409,900
12.2%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,040 SqFt
SOLD DATE : 07/16/2026
Key Details
Sold Price $360,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,040 sqft
Price per Sqft $346
Subdivision Tumwater Hill
MLS Listing ID 2465094
Sold Date 07/16/26
Style 52 - Duplex
Bedrooms 2
Year Built 1950
Annual Tax Amount $3,056
Lot Size 7,500 Sqft
Property Sub-Type Multi Family
Property Description
Great investment opportunity from a well maintained duplex with additional assigned parking (6 total). Big 7500 sqft corner lot with potential for additional units and spectacular city and territorial views. Low maintenance yards for easy upkeep. Hardwood flooring in both units keeping maintenance and repair cost down. Newer Mini ductless split in vacant unit providing AC & Heat for better rent. Unit 524 is vacant for a great owner occupied opportunity and comfort. Common area utility room with washer & dryer. Cap rate based on 2024 tax return, current cap rate potential much higher. Conveniently located on Tumwater Hill with quick access to I-5, HWY 101, JBLM, schools, shopping, and parks.
Location
State WA
County Thurston
Area 443 - Tumwater
Interior
Flooring Hardwood, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Amenities Available Cable TV, Gas Available
View Y/N Yes
View City, Territorial
Roof Type Composition
Building
Lot Description Corner Lot, Dead End Street, Open Space, Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Tumwater
Others
Senior Community No
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"Three Trees" icon indicates a listing provided courtesy of NWMLS.