522 H Street Sw, Tumwater, WA 98512

Tumwater
Local realty services provided by:Better Homes and Gardens Real Estate McKenzie Realty
Listed by: michael barber
Office: nexthome northwest group
MLS#:2465094
Source:NWMLS
522 H Street Sw,Tumwater, WA 98512
$409,900
  • - Beds
  • - Baths
  • 1,040 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$409,900
  • Price per sq. ft.:$394.13

About this home

Great investment opportunity from a well maintained duplex with additional assigned parking (6 total). Big 7500 sqft corner lot with potential for additional units and spectacular city and territorial views. Low maintenance yards for easy upkeep. Hardwood flooring in both units keeping maintenance and repair cost down. Newer Mini ductless split in vacant unit providing AC & Heat for better rent. Unit 524 is vacant for a great owner occupied opportunity and comfort. Common area utility room with washer & dryer. Cap rate based on 2024 tax return, current cap rate potential much higher. Conveniently located on Tumwater Hill with quick access to I-5, HWY 101, JBLM, schools, shopping, and parks.

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Home facts

  • Year built:1950
  • Listing ID #:2465094
  • Updated:June 10, 2026 at 11:01 AM

Rooms and interior

  • Flooring:Carpet, Hardwood, Vinyl Floor
  • Living area:1,040 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1950
  • Building area:1,040 sq. ft.
  • Lot area:0.17 Acres
  • Lot Features:Corner, Dead-end Street, Open Space, Paved
  • Construction Materials:Wood Exterior Finish

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$409,900
  • Price per sq. ft.:$394.13
  • Tax amount:$3,056 (2024)

Features and amenities

  • Amenities:Cable TV, Gas Available

Parking

  • Parking description:Uncovered Space(s) : 6
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