MLS #2433412 / Listing provided by NWMLS & Coldwell Banker Evergreen.
$599,000
101 2nd Avenue NW
Olympia,
WA
98512
Beds
Baths
Sq Ft
Per Sq Ft
Year Built
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.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Total Bedrooms: 3
- Main Level Bedrooms: 3
- Lower Level Bedrooms: 0
- Upper Level Bedrooms: 0
Bathrooms
- Total Bathrooms: 2
- Half Bathrooms: 0
- Three-quarter Bathrooms: 0
- Full Bathrooms: 2
- Full Bathrooms in Garage: 0
- Half Bathrooms in Garage: 0
- Three-quarter Bathrooms in Garage: 0
Fireplaces
- Total Fireplaces: 0
Water Heater
- Water Heater Type: Electrical
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Garage Attached: No
- Parking Features: Detached Carport
- Parking Total: 1
Structure
- Roof: Composition
- Exterior Features: Wood, Wood Products
- Foundation: Block, Concrete Ribbon
Lot Details
- Lot Features: Sidewalk
- Acres: 0.1362
- Foundation: Block, Concrete Ribbon
Schools
- High School District: Tumwater
- High School: A G West Black Hills
- Middle School: Tumwater Mid
- Elementary School: Tumwater Hill Elem
Transportation
- Nearby Bus Line: true
Lot Details
- Lot Features: Sidewalk
- Acres: 0.1362
- Foundation: Block, Concrete Ribbon
Power
- Energy Source: Electric
- Power Company: Puget Sound Energy
Water, Sewer, and Garbage
- Sewer Company: City of Tumwater
- Sewer: Sewer Connected
- Water Company: City of Tumwater
- Water Source: Public
Jill Hannem
Broker | REALTOR®
Send Jill Hannem an email