101 2nd Avenue NW, Olympia, WA 98512 (MLS # 2433412)

Listing provided courtesy of Northwest MLS; Coldwell Banker Evergreen

Price $599,000
Status Active
Beds 3
Baths 2 Baths
Home size 2,244 sqft
Lot Size 5,933 sqft
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.
Property Type(s): Single Family
Last Updated 9/15/2025 Tract Tumwater Hill
Year Built 1930 Community Tumwater Hill
County Thurston

SCHOOLS

Elementary School Tumwater Hill Elem
Jr. High School Tumwater Mid
High School A G West Black Hills

Additional Details

AIR Ceiling Fan(s), None
APPLIANCES Electric Water Heater, Refrigerator, Water Heater
AREA 443 - Tumwater
BASEMENT None
CONSTRUCTION Wood Siding
HEAT Electric
INTERIOR Ceiling Fan(s), Water Heater
LOT 5933 sq ft
LOT DESCRIPTION Sidewalk
LOT DIMENSIONS 50x119
MLS STATUS Active
PARKING Detached Carport
STORIES 1
STYLE 10 - 1 Story
SUBDIVISION Tumwater Hill
TAXES 2977
UTILITIES Cable Available, Sewer Connected
WATER Public

Location

 

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 9/16/25 7:11 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

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