510 North Street SE, Tumwater, WA 98501
- $442,500
- 2,240
- SqFt
Listing courtesy of Virgil Adams Real Estate, Inc.. Selling Office: RE/MAX Parkside Affiliates.
- Sold Price
- $442,500
- List Price
- $449,000
- Status
- SOLD
- MLS#
- 2441427
- Closing Date
- Nov 25, 2025
- Days on Market
- 15
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 2,240
- Area Total SqFt
- 2240
- Annual Tax Ammount
- 4376
- Internet Provider
- Xfinity/ Comcast
- Lot Size (sq ft)
- 9,381
- Sewer
- Sewer Connected
Property Description
Well-kept duplex in an ideal location close to schools, shopping, downtown, and the freeway! Roomy, level lot with garden shed and apple, pear, cherry, and plum trees....plus garden space. Entry to each unit is on opposite sides of the structure allowing better than average privacy. Wrap-around covered porch. New electrical panel. Main level unit has many elements of Old World charm. Softwood floors. Recently remodeled lower unit is in great shape. A great opportunity for multi-generational living or a solid income producer!
/u.realgeeks.media/homes77/logo-full.png){kind=logo}
Additional Information
- List Date
- 2025-11-10 00:00:00
- Community
- Tumwater
- Net Operating Income
- $41,824
- Gross Adjusted Income
- $48,000
- Gross Scheduled Income
- $48,000
- Total Monthly Income
- $4,000
- Water/Sewer/Garbage Expenses
- $1,800
- Gross Rent Multiplier
- 10.41
- Total Expenses
- $6,176
- Cap Rate
- 8.4
- Total Number of Units
- 2
- Unit Name
- 510
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1914
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Partially, High Speed Internet
- Energy Source
- Electric
- School District
- Olympia
- Elementary School
- Pioneer Elem
- Middle School
- Wash Mid
- High School
- Olympia High
- Total Monthly Income
- $4,000
- Gross Scheduled Income
- $48,000
- Gross Adjusted Income
- $48,000
- Tax Year
- 2025
- W/S/G Expenses
- $1,800
- Total Expenses
- $6,176
- Net Operating Income
- $41,824
- Gross Rent Multiplier
- 10.41
- Cap Rate
- 8.4
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.