101 2nd Avenue NW, Olympia, WA 98512

Property Description

This listing courtesy of Madison Del Vigo, Coldwell Banker Evergreen

High-Performing duplex in prime Tumwater location. Moments from the Craft District this fully detached duplex offers exceptional rental income and long-term upside. The refreshed 3-bed, 1-bath main home is leased at $2,657/month through May 2026, while the detached 1-bed 1-bath ADU is vacant and ready for new tenants or owner occupancy. NOI tops $45K/year when fully leased—some of the strongest returns in the county! Ideal for investors seeking a reliable asset or buyers interested in house-hacking with flexibility. Excellent access to I-5, Brewery Park at Tumwater Falls, schools, and local amenities. Strong tenant, solid lease in place, and room to increase total yield on the ADU. Top-tier opportunity in one of the areas strongest markets.

Listing Status:

Active

Listing Office:

Coldwell Banker Evergreen : 360-352-7651

Listing Agent:

Madison Del Vigo : 360-352-7651

MLS ID:

2435878

Interior

• Flooring: LaminateVinyl
• A/C: None
• Heating: Wall Unit(s)
• Fireplace: Fireplaces: 0

Exterior

• General: WoodWood Products
• Parking: Parking spaces: 3

Construction

• Roofing: Composition
• General: 52 - DuplexBlockConcrete Ribbon

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Tumwater
• County: Thurston

Lot

• Zoning: 80601600100

Utilities

• Water: Public
• Sewer: Sewer Connected

Financial

• Source: nwmls

This listing courtesy of Madison Del Vigo, Coldwell Banker Evergreen