101 2nd Avenue NW

Olympia, WA 98512

  • Bed

  • Bath

  • 2244 SqFt

  • 20 DOM

  • Built: 1930

  • Status: Active

$599,000

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101 2nd Avenue NW

Olympia 98512

$599000

  • Bed

  • Bath

  • 2244 SqFt

  • 20 DOM

  • Built: 1930

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

High-Performing duplex in prime Tumwater location. Moments from the Craft District this fully detached duplex offers exceptional rental income and long-term upside. The refreshed 3-bed, 1-bath main home is leased at $2,657/month through May 2026, while the detached 1-bed 1-bath ADU is vacant and ready for new tenants or owner occupancy. NOI tops $45K/year when fully leased—some of the strongest returns in the county! Ideal for investors seeking a reliable asset or buyers interested in house-hacking with flexibility. Excellent access to I-5, Brewery Park at Tumwater Falls, schools, and local amenities. Strong tenant, solid lease in place, and room to increase total yield on the ADU. Top-tier opportunity in one of the areas strongest markets.

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