Tumwater Hill Homes with 10 - 1 Story Style

Tumwater Hill Homes with 10 - 1 Story Style

Welcome to Tumwater Hill, a charming neighborhood nestled in the heart of Tumwater, Washington. Located in Thurston County, this idyllic community offers a peaceful and family-friendly environment for residents to call home.

Tumwater Hill is known for its stunning views, as it sits atop a hill that overlooks the surrounding area. From here, you can enjoy breathtaking vistas of the lush greenery, the shimmering waters of Puget Sound, and the majestic Olympic Mountains in the distance.

If you're in the market for a home with a one-story style, you're in luck! Tumwater Hill has a variety of beautiful homes that fit this description. These single-story homes offer convenience and accessibility, making them ideal for individuals of all ages and abilities. With spacious layouts and modern amenities, these homes provide a comfortable and functional living space for you and your family.

Living on Tumwater Hill means being just a short distance away from a range of amenities and attractions. The neighborhood is conveniently located near schools, parks, shopping centers, and dining options, ensuring that you have everything you need within reach. The nearby Tumwater Valley Golf Club offers a fantastic opportunity for golf enthusiasts to practice their swing and enjoy a round of golf amidst picturesque surroundings.

If you're looking for a peaceful and welcoming community with stunning views and a range of housing options, Tumwater Hill is the perfect place for you. Don't miss out on the opportunity to call this charming neighborhood your home.

Newest Tumwater Hill Homes with 10 - 1 Story Style

$539,000
4 Beds 2 Baths 2573230 MLS ACTIVE Status
Two homes in one great property! Recently refreshed 3-bedroom main home is warm and inviting, with a fully detached 1-bedroom, 1-bath ADU offering a second, completely separate place to live or rent. Just off Tumwater’s historic core, near the Craft District, Brewery Park at Tumwater Falls, parks, trails and local schools, this is one of those properties where the options are the story. Live in the main home and rent the ADU. Live in the ADU and rent the larger home. Or rent both and let the numbers work for you. Current combined rents are $4,532/month, or $54,384/year. Seller-provided figures show $45,313 NOI and an approx. 8.4% cap rate based on current offering terms. Even with 20% down and conventional financing, current income and expenses show potential for positive cash flow. For an owner-occupant, rental income could offset a meaningful part of the monthly payment. For an investor, you have two rentable homes with established income. Major updates throughout! Roof of the ADU is brand new, and windows in the main house have been replaced. The location makes everyday life easy, with recreation, restaurants, schools and downtown Olympia nearby, plus direct access to I-5 for commuting north or south. Spend the morning walking Tumwater Falls, head to the Craft District for dinner. Two detached homes, established income, everyday livability and more than one smart way to own it. Investor, first time buyer or downsizing? This is the property you have been waiting for!

101 2nd Avenue SW, Olympia

Listing courtesy of Coldwell Banker Evergreen.

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