101 2nd Avenue Nw, Olympia, WA 98512

Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by:madison del vigo
Office:coldwell banker evergreen
MLS#:2435878
Source:NWMLS
101 2nd Avenue Nw,Olympia, WA 98512
$599,000
  • - Beds
  • - Baths
  • 2,244 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$599,000
  • Price per sq. ft.:$266.93

About this home

Nestled just off Tumwater’s historic core and minutes from the vibrant Craft District, this versatile home + ADU blends lifestyle and income opportunity. The main home is warm and inviting 3-bedroom and has been refreshed, while the fully detached 1-bedroom, 1-bath ADU offers unmatched flexibility. Live in one and lease the other, or maximize your investment with both units generating income. The main home is currently leased at $2,657/month through May 2026, while the ADU is delivered vacant and ready for your vision. With a projected NOI over $45K - (with the ADU rented), freeway access nearby, parks and trails, including Brewery Park at Tumwater Falls - this property is more than a home it’s a strategic real estate asset.

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Home facts

  • Year built:1930
  • Listing ID #:2435878
  • Updated:September 19, 2025 at 07:53 PM

Rooms and interior

  • Living area:2,244 sq. ft.

Heating and cooling

  • Heating:Wall Unit(s)

Structure and exterior

  • Roof:Composition
  • Year built:1930
  • Building area:2,244 sq. ft.
  • Lot area:0.14 Acres

Schools

  • High school:A G West Black Hills
  • Middle school:Tumwater Mid
  • Elementary school:Tumwater Hill Elem

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$599,000
  • Price per sq. ft.:$266.93
  • Tax amount:$2,977 (2025)
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 20, 2025. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.

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