Property Details

2896 Fortner Drive SW
Tumwater, WA 98512
$625,000
MLS# 2515223 courtesy of NWMLS Listing firm: Olympic Sotheby's Int'l Realty

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2896 Fortner Drive SW, Tumwater, WA 98512, Tumwater

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2896 Fortner Drive SW, Tumwater, WA 98512, Tumwater

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Multi-Family
Property Type
2,368
Bldg Sq Ft
2
Units
6.06%
Cap Rate
1986
Year Built

Property Overview

Welcome to 2896 Fortner Dr SW, a beautifully maintained duplex nestled in a quiet, private setting on desirable Tumwater Hill. This exceptional property features two well-designed units, each offering 2-bedrooms and 2-bathrooms, ideal for comfortable living or strong rental potential. Unit B includes a spacious 2-car garage, while the other offers a convenient 1-car garage, providing flexibility for tenants or owners alike. Pride of ownership is evident throughout, with recent updates including fresh interior paint, roof and heat pump for year-round comfort. The vacant unit is truly turn-key and move-in ready, making it perfect for an owner-occupant or immediate rental income. Inside, you’ll find vaulted ceilings and an abundance of natural light that create an open, airy feel, complemented by clean finishes and thoughtful layout. Surrounded by mature trees, the property offers exceptional privacy while still being just minutes from I-5, allowing easy access for commuting north or south. This is a rare opportunity to own a duplex in excellent condition in a peaceful, yet convenient location.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Thurston
Neighborhood Tumwater Hill
Listed May 1, 2026
Original Price $649,000

Financial Summary

Cap Rate 6.06%
Net Operating Income $39,329
Gross Scheduled Income $46,980
Total Expenses $11,566

Building & Use

Building Sq Ft 2,368
Leasable Area 2,368 sqft
Total Units 2
Lot Size 12,388 sqft
Year Built 1986

Exterior & Lot

Lot Size 0.28 sqft
Year Built 1986
Garage 3 spaces
Exterior Materials Wood
Sewer Sewer Connected
Lot Features Corner Lot, Paved
Exterior Features Wood, Wood Products

Location

City Tumwater
County Thurston
Coordinates 47.02138, -122.92665

Additional Information

Tax Year 2026
Annual Taxes $6,141
Possession Array
Listed By
Jim Greene
Olympic Sotheby's Int'l Realty

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