Property Details
522 H Street SW
Tumwater, WA 98512
$409,900
Active
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About This Home
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.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Thurston
Neighborhood
Tumwater Hill
Listed
Jan 7, 2026
Interior Features
Bathrooms
0.0
Stories
1
Exterior & Lot
Lot Size
0.17 sqft
Year Built
1950
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Corner Lot, Dead End Street, Open Space, Paved
Exterior Features
Wood
Location
City
Tumwater
County
Thurston
Coordinates
47.00945, -122.91128
Schools
School District
Tumwater
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Additional Information
Tax Year
2024
Annual Taxes
$3,056
Possession
Array
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Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
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