Property Details
609 Grant Lane SW
Tumwater, WA 98512
$655,000
Active
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Property Overview
Well-maintained 3 bed, 2.5 bath townhouse-style duplex in Tumwater Hill on a quarter-acre lot. The two units each have a single car garage, fenced backyard, covered patio, and gas stove and furnace. Upstairs are three bedrooms, two full bathrooms, and the laundry. Downstairs is the kitchen, dining area, living room, and a half bath. The downstairs of both units were remodeled in 2022. This property is conveniently located near schools, parks, and shopping, with easy access to 101 and the I-5 interchange, and has a great rental history.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Thurston
Neighborhood
Tumwater Hill
Listed
Apr 15, 2026
Original Price
$650,000
Structure Type
Duplex
Parcel Number
51520000100
Tax & HOA
Annual Property Tax
$6,623 (2026)
Est. Monthly Tax
$552/mo
Financial Summary
Cap Rate
4.80%
Net Operating Income
$31,210
Gross Scheduled Income
$50,400
Gross Rent Multiplier
12.89
Total Expenses
$19,190
Building & Use
Building Sq Ft
2,638
Leasable Area
2,638 sqft
Total Units
2
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
10,890 sqft
Year Built
1999
Exterior & Lot
Lot Size
0.25 sqft
Year Built
1999
Garage
2 spaces
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Cul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk
Exterior Features
Wood Products
Community & Access
Directions
GPS for best directions.
Location
City
Tumwater
County
Thurston
Coordinates
47.02074, -122.91748
Additional Information
Tax Year
2026
Annual Taxes
$6,623
Possession
Array
Based on information submitted to the MLS GRID as of June 1, 2026 11:08 AM. 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.
