Property Details
312 G Street SW #A
Olympia, WA 98512
$725,000
Active
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Property Overview
Spacious duplex opportunity in desirable Tumwater Hill! Each unit offers 1,132 SF with 3 bedrooms, 2 bathrooms, cozy fireplace, private backyard patio, attached single-car garage, plus additional driveway and street parking. Thoughtfully designed layouts provide comfortable living spaces, functional floorplans, and excellent rental appeal. New Paint throughout the house/exterior. Located in one of Tumwater’s most convenient and sought-after neighborhoods with easy access to I-5, downtown Olympia, shopping, restaurants, schools, parks, and recreation. Ideal opportunity for owner-occupants looking to live in one unit while offsetting expenses with rental income from the other, or perfect for investors seeking a strong long-term rental property in a high-demand location. Low-maintenance investment with excellent versatility and lifestyle appeal. Rare chance to own a duplex in Tumwater Hill with close proximity to everything the Olympia/Tumwater area has to offer. Great potential for multigenerational living, investment portfolio growth, or house-hacking opportunity in the heart of Thurston County!
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Thurston
Neighborhood
Tumwater Hill
Listed
May 8, 2026
Financial Summary
Cap Rate
6.80%
Net Operating Income
$49,450
Gross Scheduled Income
$4,810
Total Expenses
$2,384
Building & Use
Building Sq Ft
2,272
Leasable Area
2,272 sqft
Total Units
2
Lot Size
7,501 sqft
Year Built
2006
Exterior & Lot
Lot Size
0.17 sqft
Year Built
2006
Garage
2 spaces
Exterior Materials
Cement Plank
Sewer
Available
Lot Features
Paved, Sidewalk
Exterior Features
Cement Planked
Location
City
Olympia
County
Thurston
Coordinates
47.01022, -122.90823
Additional Information
Tax Year
2026
Annual Taxes
$2,384
Possession
Array
Based on information submitted to the MLS GRID as of May 11, 2026 3:30 PM. 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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
