522 H Street SW Tumwater, WA $ 409,900
522 H Street SW
$ 409,900
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522 H Street SW

Tumwater, WA, 98512
$ 409,900
Baths0.0 Sq 1,040

Monthly Estimate*

$ 2,524

Listed by NextHome Northwest Group
522 H Street SW, Tumwater, WA 98512 - Image 1
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Studio

Multi-Family Home for sale in Tumwater, WA

for $409,900. This 1,040 square foot home was built in 1950 on a lot size of 0.1722.

Great investment opportunity from a well maintained duplex with additional assigned parking (6 total). Big 7500 sqft corner lot with potential for additional units and spectacular city and territorial views. Low maintenance yards for easy upkeep. Hardwood flooring in both units keeping maintenance and repair cost down. Newer Mini ductless split in vacant unit providing AC & Heat for better rent. Unit 522 is vacant for a great owner occupied opportunity and comfort. Common area utility room with washer & dryer. Cap rate based on 2024 tax return, current cap rate potential much higher. Conveniently located on Tumwater Hill with quick access to I-5, HWY 101, JBLM, schools, shopping, and parks.

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Multi-Family Active

Price

$ 409,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,056

Style

Duplex

Lot Size

0.1722

Year Built

1950

Town/City

Tumwater

County/Region

Thurston

MLS | Web ID

2465094

Features
General
Living Area 0
Sewer Sewer Connected
Heating Ductless Wall Unit(s)
Cooling Ductless
Possession Closing
Roof Composition
HOA Fee 0
Year Built 1950
View City Territorial
Property Subtype Multi Family
Tax Year 2024
Building Name Barnes Addition
County Thurston
Net Operating Income 23922
Insurance Expense 641
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Tumwater Hill
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions South on I-5 exit 103 turns into North 2nd Ave Right On H St Duplex sits on the corner on the right.
High School Buyer To Verify
City Tumwater
Senior Community Y/N N
High School District Tumwater
Zoning Description Multi-Family
Open Parking Spaces 6
Number Of Units Total 2
MLS Area 443 - Tumwater
Lot Size Units Square Feet
Lot Size Square Feet 7500
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional FHA VA Loan
Elementary School Buyer To Verify
Tax Annual Amount 3056
Electric Expense 581
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Property Condition Average
Public Remarks Great investment opportunity from a well maintained duplex with additional assigned parking (6 total). Big 7500 sqft corner lot with potential for additional units and spectacular city and territoria
Leasable Area 1000
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Water Company City of Tumwater
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 2400
Property Style 52 - Duplex
Cap Rate 6
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Exterior
Exterior Amenities Wood
Lot Features Corner Lot Dead End Street Open Space Paved
Water Source Public
Total Parking 6
Foundation Details Poured Concrete
Building Area Total 1040
Lot Size Acres 0.1722
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Gas Available
Parking Uncovered Spaces 6
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Interior
Flooring Hardwood Vinyl Carpet
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2465094
Street Number 1 522
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* Excluded Features
List By
Michael Barber

Listing Agent

Nexthome Northwest Group

Broker

Affordability Calculator

$2,778
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,524
Monthly Property Taxes
$255
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3100120 Elementary School
3100340 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
1/7/2026$409,900 Listed Price

Map


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522 H Street SW, Tumwater, WA, 98512 is a Multi-Family Home for sale at $409,900 with 1,040 sqft and a lot size of 0.1722. 522 H Street SW is a studio with 0.0 baths and was built in 1950. The property's zip code is 98512 which is in Tumwater, WA