Great Investment Opportunity! Well maintained Duplex. Excellent opportunity to add a proven income producing property to your portfolio. This well maintained duplex has a strong long term rental history Featuring Three bedrooms, two bathrooms per side, plus a one car garage and just minutes from I-5, providing convenient access for commuters. Large private patios, and an expansive back yard helps this property appeal to the potential tenants of all sorts. Don't miss this opportunity to own a quality multifamily investment in a desirable location. Both units are currently rented.
Active
Listed by: Better Properties - Metro • Terrance J Meyer
$710,000
512 N 4th Avenue SW, Tumwater, WA 98512
6beds
4baths
2,465sqft
Duplex
Built in 2006
-- sqft lot
$699,500 Zestimate®
$288/sqft
$-- HOA
What's special
One car garageTwo bathrooms per sideLarge private patios
- 24 days |
- 195 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Terrance J Meyer,
Better Properties - Metro
Source: NWMLS as distributed by MLS GRID,MLS#: 2542110
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Wall Furnace, Electric
Cooling
- None
Features
- Flooring: Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 2,465
- Total interior livable area: 2,465 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 2
- Uncovered spaces: 2
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 7,801 Square Feet
- Features: Curbs, Paved, Sidewalk, Cable TV, Deck, Fenced-Partially, High Speed Internet
Details
- Parcel number: 80606602900
- Zoning description: Multi-Family,Residential,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex
Materials
- Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Average
- Year built: 2006
- Major remodel year: 2006
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Sewer Connected, Company: City of Tumwater
- Water: Public, Company: City of Tumwater
- Utilities for property: Comcast
Community & HOA
Community
- Subdivision: Tumwater Hill
Location
- Region: Tumwater
Financial & listing details
- Price per square foot: $288/sqft
- Tax assessed value: $600,100
- Annual tax amount: $5,971
- Date on market: 6/21/2026
- Cumulative days on market: 26 days
- Listing terms: Conventional
Estimated market value
$699,500
$665,000 - $734,000
$2,102/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Listed for sale | $710,000$288/sqft |
Source:  NWMLS as distributed by MLS GRID #2542110 Report a problem | ||
| 1/8/2026 | Listing removed | $1,995$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/12/2025 | Price change | $1,995-4.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/5/2025 | Listed for rent | $2,095+5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/18/2024 | Listing removed | $1,995$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/17/2024 | Listed for rent | $1,995+5.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/20/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 10/18/2023 | Listed for rent | $1,895$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,971 +0.3% | $600,100 +0.9% |
| 2023 | $5,954 +11.3% | $595,000 +8.6% |
| 2022 | $5,347 +12% | $548,100 +35% |
| 2021 | $4,777 -5.5% | $405,900 +3% |
| 2020 | $5,057 +21.1% | $394,200 +31.5% |
| 2019 | $4,176 +0.1% | $299,700 -11% |
| 2018 | $4,171 +25.2% | $336,600 +21% |
| 2017 | $3,332 | $278,100 +16.1% |
| 2016 | $3,332 | $239,500 -2.1% |
| 2014 | $3,332 | $244,600 +0.9% |
| 2013 | -- | $242,500 |
| 2012 | $3,130 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $2,998 | -- |
| 2008 | -- | -- |
| 2007 | $3,097 +217.4% | -- |
| 2006 | $976 | -- |
| 2005 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98512
Nearby schools
GreatSchools rating
- 7/10Tumwater Hill Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 8/10Tumwater Middle SchoolGrades: 6-8Distance: 2.1 mi
- 8/10A G West Black Hills High SchoolGrades: 9-12Distance: 3.4 mi
Schools provided by the listing agent
- Elementary: Tumwater Hill Elem
- Middle: Tumwater Mid
- High: A G West Black Hills
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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