Property Details
610 – 612 Primrose Lane SE
Tumwater, WA 98501
$550,000
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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
