Turnkey Olympia duplex with solid cash flow and low owner expenses. Both units are rented month-to-month, producing $2,600/mo with owner costs of $512/mo, offering immediate income and stability. Well-maintained property in a quiet SE Olympia neighborhood close to shopping, parks, and commuter routes. Each unit features living spaces and dedicated parking. Ideal for investors or owner-occupants seeking reliable rental income.
Active
Listed by: RE/MAX Advantage • Asa Shigley
$550,000
606 & 608 Primrose Lane SE, Tumwater, WA 98501
4beds
2baths
1,802sqft
:
Get pre-qualified$3,474/mo
Duplex, Multi Family
Built in 1969
-- sqft lot
$-- Zestimate®
$305/sqft
$-- HOA
What's special
Dedicated parkingLiving spaces
- 14 hours |
- 81 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Asa Shigley,
RE/MAX Advantage
Source: NWMLS as distributed by MLS GRID,MLS#: 2563101
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air, Electric, Wood
Cooling
- Forced Air
Features
- Flooring: Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 1,802
- Total interior livable area: 1,802 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 1
- Covered spaces: 2
- Uncovered spaces: 2
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 7,200 Square Feet
- Features: Secluded, Sidewalk, Cable TV, Fenced-Partially
Details
- Parcel number: 49700000200
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
Materials
- Wood Products
- Foundation: Concrete Ribbon
- Roof: Composition,Torch Down
Condition
- Year built: 1969
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Sewer Connected, Company: City of Tumwater
- Water: Public, Company: City of Tumwater
- Utilities for property: Xfinity, Xfinity
Community & HOA
Community
- Subdivision: Tumwater
Location
- Region: Olympia
Financial & listing details
- Price per square foot: $305/sqft
- Annual tax amount: $5,252
- Date on market: 7/31/2026
- Cumulative days on market: 5 days
- Listing terms: Conventional,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Listed for sale | $550,000$305/sqft |
Source:  NWMLS as distributed by MLS GRID #2563101 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98501
Nearby schools
GreatSchools rating
- 7/10Tumwater Hill Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 8/10Tumwater Middle SchoolGrades: 6-8Distance: 2 mi
- 8/10A G West Black Hills High SchoolGrades: 9-12Distance: 3.4 mi
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- $523,8004 bd2 ba1.9k sqft713 S St SE, Olympia, WA 98501Off Market
- $391,5002 bd1 ba1k sqft4310 Cleveland Ave SE, Tumwater, WA 98501Sold
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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