2896 Fortner Drive SW, Tumwater, WA 98512

$620,000
2,368
SqFt

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Listing courtesy of Olympic Sotheby's Int'l Realty. Selling Office: Home Team DuPont, LLC.

Sold Price
$620,000
List Price
$625,000
Status
SOLD
MLS#
2515223
Closing Date
Jul 10, 2026
Days on Market
43
Style
52 - Duplex
Finished SqFt
2,368
Area Total SqFt
2368
Annual Tax Ammount
6141
Lot Size (sq ft)
12,389
Sewer
Sewer Connected

Property Description

Welcome to 2896 Fortner Dr SW, a beautifully maintained duplex nestled in a quiet, private setting on desirable Tumwater Hill. This exceptional property features two well-designed units, each offering 2-bedrooms and 2-bathrooms, ideal for comfortable living or strong rental potential. Unit B includes a spacious 2-car garage, while the other offers a convenient 1-car garage, providing flexibility for tenants or owners alike. Pride of ownership is evident throughout, with recent updates including fresh interior paint, roof and heat pump for year-round comfort. The vacant unit is truly turn-key and move-in ready, making it perfect for an owner-occupant or immediate rental income. Inside, you’ll find vaulted ceilings and an abundance of natural light that create an open, airy feel, complemented by clean finishes and thoughtful layout. Surrounded by mature trees, the property offers exceptional privacy while still being just minutes from I-5, allowing easy access for commuting north or south. This is a rare opportunity to own a duplex in excellent condition in a peaceful, yet convenient location.

Additional Information

List Date
2026-05-28 00:00:00
Community
Tumwater Hill
Net Operating Income
$39,329
Gross Adjusted Income
$469,080
Gross Scheduled Income
$46,980
Total Monthly Income
$3,915
Insurance Expenses
$1,510
Water/Sewer/Garbage Expenses
$2,150
Total Expenses
$11,566
Cap Rate
6.06
Total Number of Units
2
Unit Name
2896
Potential Terms
Cash, Conventional, VA Loan
Year Built
1986
Roof
Composition
Site Features
Fenced-Partially
Electric Expenses
1765
Energy Source
Electric
School District
Tumwater
Total Monthly Income
$3,915
Gross Scheduled Income
$46,980
Gross Adjusted Income
$469,080
Tax Year
2026
Insurance Expense
$1,510
W/S/G Expenses
$2,150
Total Expenses
$11,566
Net Operating Income
$39,329
Cap Rate
6.06
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.
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