101 2nd Avenue Nw, Olympia, WA 98512

Local realty services provided by:RSVP Brokers ERA
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 26, 2025 at 12:16 AM

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)
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