Tumwater WA Multi Family for Sale
$1,075,000
704 S 5th Avenue SW Tumwater, WA 98512
- Type:
- Multi-Family
- Sq.Ft.:
- 6,077
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2006
- Baths:
- MLS#:
- 2309382
- Subdivision:
- Tumwater
View additional info
Courtesy: Century 21 North Homes Realty
425-250-3301
Celeste Zarling
ADDITIONAL INFORMATION
Duplex investment opportunity in Tumwater Hill! This income-producing duplex offers 6,077 SF of total living space, inc the basement, 6 bedrooms, 5.75 baths, 2 grand rooms & 900+ SF basement recording studio. Perfect for multigenerational living or co-living needs, features connected interiors, allowing it to function as a single-family home if desired. Stunning Mt. Rainier views from balcony, spacious yard w/garden beds & potential to convert front garage into additional living space. Located in a quiet community near the I-5 corridor, it's just minutes to downtown Tumwater, Olympia, shopping, golfing, state parks & rivers. Incredible opportunity for investors or versatile living options. Ample parking. No HOA! Priced to sell now-hurry!
- Type:
- Multi-Family
- Sq.Ft.:
- 1,722
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1937
- Baths:
- MLS#:
- 2287782
- Subdivision:
- Tumwater
View additional info
Courtesy: Better Properties N. Proctor
253-761-8888
Valerie Albright
ADDITIONAL INFORMATION
1937 Tumwater duplex with genuine warmth and lots of character, situated nicely on a large lot. Enjoy lovely oak hardwood flooring, quaint tiled period kitchens, shared yet separated back yards with new fencing, clean and dry basement for storage, ping pong, etc. and laundry hookups. Storage in garage off the alley in back. High walkability, close to great local restaurants, grocery shopping, Tumwater Falls Park and I-5 entrance. 516 and 520 are mirror images of each other with the exception that 520 has a second bedroom upstairs with new carpeting. Both units have their own separate gas forced air furnace. 516 has a wood stove and 520 has a fireplace. Terrific location for state or capital workers. Fully rented cap rate of 6.29
Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
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Tumwater Real Estate
The median home value in Tumwater, WA is $485,000. This is lower than the county median home value of $495,000. The national median home value is $338,100. The average price of homes sold in Tumwater, WA is $485,000. Approximately 54.49% of Tumwater homes are owned, compared to 42.12% rented, while 3.4% are vacant. Tumwater real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Tumwater real estate agent to arrange a tour today!
Tumwater, Washington has a population of 24,855. Tumwater is more family-centric than the surrounding county with 32.89% of the households containing married families with children. The county average for households married with children is 31.46%.
The median household income in Tumwater, Washington is $77,849. The median household income for the surrounding county is $81,501 compared to the national median of $69,021. The median age of people living in Tumwater is 35.4 years.
Tumwater Weather
The average high temperature in July is 77.6 degrees, with an average low temperature in January of 34.4 degrees. The average rainfall is approximately 49.5 inches per year, with 6 inches of snow per year.