101 2nd Ave NW

Olympia, WA 98512
  • $599,000

    Price
  • 4

    Bed
  • 2

    Bath
  • 2,244

    SqFt

About the Listing 190 - 111782

Nestled just off Tumwater’s historic core and minutes from the vibrant Craft District, this versatile home + ADU blends lifestyle and income opportunity. The main home is warm and inviting 3-bedroom and has been refreshed, while the fully detached 1-bedroom, 1-bath ADU offers unmatched flexibility. Live in one and lease the other, or maximize your investment with both units generating income. The main home is currently leased at $2,657/month through May 2026, while the ADU is delivered vacant and ready for your vision. With a projected NOI over $45K - (with the ADU rented), freeway access nearby, parks and trails, including Brewery Park at Tumwater Falls - this property is more than a home it’s a strategic real estate asset.

Listing Highlights for 101 2nd Ave NW

Status Active
Days on Site 3
Property Type Multi-Family
MLS ® 2435878
Year Built 1930
Total Square Footage 2,244
Lot/Acreage 0.14
County Thurston
Neighborhood Tumwater Hill
School District Tumwater
Elementary School Tumwater Hill Elementary
Middle School Tumwater Middle
High School A G West Black Hills

Interior Details

  • Bedrooms: 4
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces: 0
  • Floor: Laminate,Vinyl
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: City of Tumwater

Exterior Details

  • Lot Description: Sidewalk,Cable TV,Gas Available,High Speed Internet,Zoning: Residential
  • Garage Capacity: N/A
  • Parking Spaces: 3
  • Lot Dimensions: 50x119
  • Zoning: Residential
  • Roof: Composition
  • Others: Wood,Wood Products,Average
  • Sewer: City of Tumwater

Financial Details

  • Tax Amount: $2,977
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 80601600100
  • Tax Year: 2025

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Listing Location

Questions About..

101 2nd Ave NW Olympia, WA 98512

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: nwmls

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way