522 H Street SW, Tumwater, WA 98512 (MLS # 2465094)
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Listing provided courtesy of Northwest MLS; NextHome Northwest Group
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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.
| LAST UPDATED | 1/7/2026 | TRACT | Tumwater Hill |
|---|---|---|---|
| YEAR BUILT | 1950 | COMMUNITY | Tumwater Hill |
| COUNTY | Thurston | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Buyer To Verify |
|---|---|
| Jr. High School | Buyer To Verify |
| High School | Buyer To Verify |
| ADDITIONAL DETAILS | |
| AIR | Ductless |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 443 - Tumwater |
| CONSTRUCTION | Wood Siding |
| HEAT | Ductless , Electric, Natural Gas |
| LOT | 7501 sq ft |
| LOT DESCRIPTION | Corner Lot, Dead End Street, Open Space, Paved |
| MLS STATUS | Active |
| STORIES | 1 |
| STYLE | 52 - Duplex |
| SUBDIVISION | Tumwater Hill |
| TAXES | 3056 |
| UTILITIES | Cable Available, Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | City, Territorial |
| WATER | Public |
| ZONING | Multi-Family |
| SATELLITE VIEW |
| / | |
Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 1/8/26 3:34 PM PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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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