Property Details

610 – 612 Primrose Lane SE
Tumwater, WA 98501
$550,000
MLS# 2511648 courtesy of NWMLS Listing firm: RE/MAX Advantage

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610 – 612 Primrose Lane SE, Tumwater, WA 98501, Tumwater

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610 – 612 Primrose Lane SE, Tumwater, WA 98501, Tumwater

1 / 1
Multi-Family
Property Type
1,999
Bldg Sq Ft
2
Units
5.10%
Cap Rate
1969
Year Built

Property Overview

Welcome to this Tumwater Duplex. Each unit features 2 bedrooms and 1 bathroom. One side is currently under renovation 80% completed with new appliances included. The other side is occupied by a long-term tenant who would like to stay. Th property features a fully fenced backyard and a recently installed new roof. This is an excellent opportunity in a prime location.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Thurston
Neighborhood Tumwater
Listed Apr 22, 2026
Structure Type Duplex
Parcel Number 49700000100

Tax & HOA

Annual Property Tax $5,310 (2025)
Est. Monthly Tax $443/mo

Financial Summary

Cap Rate 5.10%
Net Operating Income $27,990
Gross Scheduled Income $36,600
Gross Rent Multiplier 15.00
Total Expenses $8,610

Building & Use

Building Sq Ft 1,999
Leasable Area 1,999 sqft
Total Units 2
Zoning Multi-Family,Residential
Possible Use Multi-Family, Residential
Lot Size 9,039 sqft
Year Built 1969

Exterior & Lot

Lot Size 0.21 sqft
Year Built 1969
Exterior Materials Wood
Sewer Sewer Connected
Water Source Public
Exterior Features Wood Products

Community & Access

Directions GPS Friendly

Location

City Tumwater
County Thurston
Coordinates 47.01017, -122.89285

Additional Information

Tax Year 2025
Annual Taxes $5,310
Possession Array
Listed By
Asa Shigley
RE/MAX Advantage

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