512 N 4th Avenue SW, Tumwater, WA 98512
- $710,000
- 2,465
- SqFt
Listing courtesy of Better Properties - Metro.
- List Price
- $710,000
- Status
- ACTIVE
- MLS#
- 2542110
- Days on Market
- 34
- Style
- 52 - Duplex
- Building Condition
- Average
- Finished SqFt
- 2,465
- Area Total SqFt
- 2465
- Annual Tax Ammount
- 5971
- Lot Size (sq ft)
- 7,800
- Sewer
- Sewer Connected
Property Description
Great Investment Opportunity! Well maintained Duplex. Excellent opportunity to add a proven income producing property to your portfolio. This well maintained duplex has a strong long term rental history Featuring Three bedrooms, two bathrooms per side, plus a one car garage and just minutes from I-5, providing convenient access for commuters. Large private patios, and an expansive back yard helps this property appeal to the potential tenants of all sorts. Don't miss this opportunity to own a quality multifamily investment in a desirable location. Both units are currently rented.
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Additional Information
- List Date
- 2026-06-22 16:47:14
- Community
- Tumwater Hill
- Net Operating Income
- $43,209
- Gross Adjusted Income
- $43,209
- Gross Scheduled Income
- $50,280
- Total Monthly Income
- $4,190
- Insurance Expenses
- $1,100
- Gross Rent Multiplier
- 14.08
- Total Expenses
- $7,071
- Cap Rate
- 6.1
- Vacancy Rate
- 3
- Total Number of Units
- 2
- Unit Name
- 512
- Potential Terms
- Cash, Conventional
- Year Built
- 2006
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Partially, High Speed Internet
- Energy Source
- Electric
- School District
- Tumwater
- Elementary School
- Tumwater Hill Elem
- Middle School
- Tumwater Mid
- High School
- A G West Black Hills
- Total Monthly Income
- $4,190
- Gross Scheduled Income
- $50,280
- Vacancy Rate
- 3
- Gross Adjusted Income
- $43,209
- Tax Year
- 2025
- Insurance Expense
- $1,100
- Total Expenses
- $7,071
- Net Operating Income
- $43,209
- Gross Rent Multiplier
- 14.08
- Cap Rate
- 6.1
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.