98512 Homes with Average Building Condition

98512 Homes with Average Building Condition

Welcome to the charming community of Tumwater, Washington, nestled within the picturesque Thurston County. The zip code 98512 encompasses a vibrant area known for its rich history, lush landscapes, and a welcoming atmosphere that makes it a perfect place to call home.

Tumwater is renowned for its stunning natural surroundings, which include scenic parks, winding trails, and the serene Deschutes River. Residents enjoy easy access to outdoor activities, from hiking and biking to fishing and picnicking. The city is also steeped in history, being the original site of Washington's first brewery and home to the beautiful Tumwater Falls Park, where you can marvel at the breathtaking waterfalls and the lush greenery that envelops them.

When it comes to housing, the 98512 zip code offers a variety of options, including homes with an average building condition. These residences present a fantastic opportunity for those looking to invest in their dream home or for first-time buyers eager to personalize their space. Many of these homes provide a solid foundation, allowing you to add your unique touches and updates to create a cozy sanctuary that reflects your style.

Moreover, Tumwater boasts a thriving community spirit, with local events, farmers' markets, and friendly neighbors who make this area feel like home. With its blend of historical charm, natural beauty, and a range of housing options, 98512 is a wonderful place to settle down and enjoy all that life has to offer in the Pacific Northwest. Come explore the possibilities in Tumwater, where your dream home awaits!

Newest 98512 Homes with Average Building Condition

101 2nd Avenue SW, Olympia
$495,000
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 Broker: Coldwell Banker Evergreen; Madison Del Vigo; 360-918-1693; madison.delvigo@cbolympia.com

16110 Dodge Lane SW, Olympia
$799,000
3 Beds ⋅ 3 Baths ⋅ 2553626 MLS ⋅ ACTIVE Status
MOTIVATED SELLER = HUGE PRICE REDUCTION: A dramatic wall of southeast-facing windows maximizes natural light and perfectly frames potential panoramic mountain views, capturing maximum morning light while a new massive wraparound deck invites you out for a morning cup of tea - tranquil seating on the covered front patio surrounded by flowers to share with hummingbirds - Each floor has exterior access - Includes an RV Hookup for company, Large Shop for all the projects you like, and Privacy for the peace you crave. This exceptional Northwest Contemporary is custom-designed for its sloping lot, blending original hardwood floors with a vaulted two-story great room for effortless, functional living on the main floor, while the upper-level sanctuary includes a luxurious, open loft primary bedroom taking advantage of the view, complete with a massive, showroom-style walk-in closet and an exterior stairway leading to a space designed with utilities, ready for your hot tub installation overlooking the valley - Seamless main floor indoor-outdoor transition, ideal for hosting summer gatherings or relaxing under the stars - Spacious lower-level entertainment zone in the daylight basement can be private with its two generously sized bedrooms and 3/4 bath—perfect for guests or a quiet home office - AND to top it off, out back leads you right into the Washington State Capitol Forest with 110,000 acres to enjoy year-round for hiking, hunting or waterfall gazing.

16110 Dodge Lane SW, Olympia

Listing Broker: Realty One Group Bold; Donna Weaver; 360-791-9729; Donna@WeaverLegacy.com

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