7016 Gaston Lane SW Tumwater, WA $ 625,000
7016 Gaston Lane SW
$ 625,000
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7016 Gaston Lane SW

Tumwater, WA, 98501
$ 625,000
Bedrooms4 Baths2.0 Sq 2,064

Monthly Estimate*

$ 4,317

Listed by Eric Johnson, Skyline Properties, Inc., 206-550-4573, eric@skylineproperties.com
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Multi-Family Home for sale in Tumwater, WA

for $625,000 with 4 bedrooms and 2 full baths. This 2,064 square foot home was built in 1978 on a lot size of 0.25.

Here is your opportunity to acquire this well-maintained duplex, with each unit offering 1,032 square feet, 2 bedrooms, 1 bath, a washer/dryer hookup, and a private attached garage. Recent updates include a 2-year-old roof and new private yard fencing, new garage doors adding to the property's turnkey appeal. One of the units has a wood burning stove. Ideally situated close to Tumwater High School, near Tumwater City Hall, and just minutes from several state office buildings, this location offers convenient access to everyday amenities and commuter routes. You can live in one unit and rent the other to help offset your housing costs — and for an investor, both units offer rental income potential. Another duplex across street, same owner, for sale at the same time. The tenant pays electric and the owner pays water. Don't miss this chance to own a well-cared-for property in a convenient Tumwater location.

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Multi-Family Active

Price

$ 625,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,159

Style

Duplex

Lot Size

0.25

Year Built

1978

Town/City

Tumwater

County/Region

Thurston

MLS | Web ID

2589979

Features
General
Living Area 0
Sewer Septic Tank Sewer Connected
Heating Baseboard Wall Furnace
Cooling None
Possession Closing Subject To Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 1
Security Features Fully Fenced
Year Built 1978
Property Subtype Multi Family
Tax Year 2026
County Thurston
Net Operating Income 31452
Insurance Expense 1971.6
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Tumwater
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions Go south on Capitol Blvd. Right on Isreal Left on Gaston Lane SW
High School Tumwater High
City Tumwater
Senior Community Y/N N
High School District Tumwater
Zoning Description Multi-Family
Number Of Units Total 2
MLS Area 443 - Tumwater
Lot Size Units Square Feet
Lot Size Square Feet 10890
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School Peter G Schmidt Elem
Tax Annual Amount 5159.91
Electric Expense 0
Fuel Expense 0
Middle/Junior High School George Wash Bush Mid
Property Condition Good
Public Remarks Here is your opportunity to acquire this well-maintained duplex with each unit offering 1 032 square feet 2 bedrooms 1 bath a washer/dryer hookup and a private attached garage. Recent updates include
Leasable Area 2064
Virtual Tour https://media.kuskomedia.com/sites/elvjzgbv/unbranded
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 2697.44
Property Style 52 - Duplex
Cap Rate 5.03
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Exterior
Exterior Amenities Wood
Lot Features Adjacent to Public Land Cul-De-Sac
Water Source Public
Total Parking 1
Foundation Details Block
Building Area Total 2064
Lot Size Acres 0.25
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Fully High Speed Internet
Parking Uncovered Total 1
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Interior
Flooring Ceramic Tile Vinyl Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2589979
Street Number 1 7016
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* Excluded Features
List By
Eric Johnson

Listing Agent

Skyline Properties, Inc.

Broker

eric@skylineproperties.com

Email

Affordability Calculator

$4,747
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,317
Monthly Property Taxes
$430
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
256774 Elementary School
256897 Middle School
Tumwater High High School
Pricing History
DatePricePrice ChangeDescription
10/1/2026$625,000 Listed Price

Map


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7016 Gaston Lane SW, Tumwater, WA, 98501 is a Multi-Family Home for sale at $625,000 with 2,064 sqft and a lot size of 0.25. 7016 Gaston Lane SW has 4 bedrooms, 2.0 baths, and was built in 1978. The property's zip code is 98501 which is in Tumwater, WA