Property Details
6144 Waldrick Road SE
Tenino, WA 98589
$959,000
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Property Overview
LOOKING FOR SMALL BUSINESS SPACE ALONG WITH RENTALS? Rare INCOME PRODUCING Compound on nearly 6 Private Acres 3 INDIVIDUAL HOMES and extensive workshop space set up with BODY SHOP on one side and PAINT BOOTH on the other. Piped for air throughout, and includes compressor, water trap regulators and exhaust fans… – Live here, work here, and have tenant income to help pay the mortgage! Main House UNIT #1: 2478 sq ft – Equipped with a high-efficiency heat pump for year-round comfort & spacious living areas to stretch out in UNIT #2: 1344 Square Feet is independent country living with modern touches – features easy-care flooring throughout this comfortable mobile home with an electric furnace & a bonus woodstove for efficient rustic warmth UNIT #3 is the ultimate workshop hub offering a massive 3360 square foot shop with ample room for tools, hobbies, and classic cars. The one bedroom attached home has a charming interior finished with durable ceramic tile and engineered hardwood flooring, a cozy woodstove & an energy efficient heatpump. Hard to beat this versatile living arrangement: Perfect for extended living, guests, or income-producing rentals. PLUS a 2-Bay Machine Shed ready for your tractors, boats, vehicles, or heavy equipment – Freeze-proof faucets installed across the property for worry-free winters & a private well system equipped with a dedicated water treatment system. Come see it today
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Thurston
Neighborhood
Offut Lake
Listed
Jun 11, 2025
Structure Type
Triplex
Parcel Number
99900338800
Tax & HOA
Annual Property Tax
$8,529 (2026)
Est. Monthly Tax
$711/mo
Financial Summary
Cap Rate
6.00%
Net Operating Income
$60,471
Gross Scheduled Income
$72,000
Gross Rent Multiplier
13.00
Total Expenses
$11,529
Vacancy Rate
1.0%
Building & Use
Building Sq Ft
2,478
Leasable Area
4,808 sqft
Total Units
3
Lot Size
5.92 acres
Year Built
1973
Exterior & Lot
Lot Size
5.92 sqft
Year Built
1973
Garage
6 spaces
Exterior Materials
Metal/Vinyl, Wood
Parking
RV Parking
Sewer
Septic Tank
Water Source
Individual Well
Lot Features
Paved
Exterior Features
Metal/Vinyl, Wood
Community & Access
Directions
I-5 exit 99 to east on 93rd – Right on Old 99 – Left on Waldrick Rd SE, approximately 3 miles to property.
Location
City
Tenino
County
Thurston
Coordinates
46.92063, -122.80082
Additional Information
Tax Year
2026
Annual Taxes
$8,529
Possession
Array
Based on information submitted to the MLS GRID as of July 29, 2026 2:21 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.
