Endless Potential in a Prime Tumwater Hill Location!This charming 1bedroom, 1bath home offers an incredible opportunity for investors, first time buyers, or anyone with a vision for creating something special. With some TLC and your personal touch, this property could shine as a fantastic rental investment or a cozy first home.Situated on a large corner lot in a lovely Tumwater Hill community, the property is conveniently located near I-5, shopping, restaurants, and schools.Bring your tool belt and imagination and get started on this little gem! With plenty of potential and a price that reflects the opportunity, this one is priced to sell and won't last long.Don't wait, schedule your private showing today with your favorite Broker!
Active
Listed by: John L. Scott CNT • LauraLee Zuber Titus
$260,000
722 S 4th Avenue SW, Olympia, WA 98502
1beds
546sqft
Single Family Residence
Built in 1935
7,501 Square Feet Lot
$255,700 Zestimate®
$476/sqft
$-- HOA
What's special
Large corner lot
- 7 days
- 685
- 40
Likely to sell faster than
Zillow last checked:
Listing updated:
Offers reviewed: Sep 02
Listed by:
LauraLee Zuber Titus,
John L. Scott CNT
Source: NWMLS as distributed by MLS GRID,MLS#: 2573050
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Level: Main
Bathroom full
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen with eating space
- Level: Main
Utility room
- Level: Main
Heating
- Forced Air, Electric, Natural Gas
Cooling
- None
Appliances
- Included: Refrigerator, Stove(s)/Range(s), Refrigerator(s), Water Heater: Gas
Features
- Flooring: Laminate
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 546
- Total interior livable area: 546 sqft
Property
Parking
- Parking features: Driveway, Off Street
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Water Heater
- Has view: Yes
- View description: Territorial
Lot
- Size: 7,501 Square Feet
- Features: Corner Lot, Paved, Green House
- Topography: Level
Details
- Parcel number: 33201200500
- Zoning: SFM
- Zoning description: Jurisdiction: City
- Special conditions: Standard
- Other equipment: Leased Equipment: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Products
- Roof: Metal
Condition
- Fair
- Year built: 1935
- Major remodel year: 1935
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of Tumwater
- Water: Public, Company: City of Tumwater
Community & HOA
Community
- Subdivision: Tumwater Hill
Location
- Region: Olympia
Financial & listing details
- Price per square foot: $476/sqft
- Tax assessed value: $212,600
- Annual tax amount: $2,129
- Offers reviewed: 09/02/2026
- Date on market: 8/25/2026
- Cumulative days on market: 8 days
- Listing terms: Conventional
- Inclusions: Leased Equipment, Refrigerator(s), Stove(s)/Range(s)
Estimated market value
$255,700
$243,000 - $268,000
$1,494/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Listed for sale | $260,000$476/sqft |
Source:  NWMLS as distributed by MLS GRID #2573050 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,121 +12.7% | $212,600 +13.4% |
| 2023 | $1,882 +20.6% | $187,400 +17.6% |
| 2022 | $1,561 -7.9% | $159,300 +11% |
| 2021 | $1,695 +12.7% | $143,500 +23% |
| 2020 | $1,504 +28.5% | $116,700 +14.9% |
| 2019 | $1,171 +5% | $101,600 +8.3% |
| 2018 | $1,115 +8.5% | $93,800 +18.3% |
| 2017 | $1,028 | $79,300 -0.4% |
| 2016 | $1,028 | $79,600 +6.1% |
| 2014 | $1,028 | $75,000 -4.3% |
| 2013 | -- | $78,400 |
| 2012 | $1,102 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $1,072 | -- |
| 2008 | -- | -- |
| 2007 | $1,089 -24.7% | -- |
| 2006 | $1,446 +58.6% | -- |
| 2005 | $912 | -- |
| 2004 | -- | -- |
| 2002 | -- | -- |
| 2001 | $783 +5.2% | $48,800 +8.4% |
| 2000 | $744 | $45,000 |
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
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.
Similar homes
- $325,0001 bd1 ba682 sqft2831 Galloway Street SE, Olympia, WA 98501Active
MLS ID #2552775, Marcus Rothwell. NWMLS as distributed by MLS GRID - $275,0001 bd1 ba680 sqft40 E Wood Lane, Shelton, WA 98584Active
MLS ID #2574095, Richard Beckman. NWMLS as distributed by MLS GRID - $369,9002 bd1 ba756 sqft1814 Garfield Avenue NW, Olympia, WA 98502Active
MLS ID #2548166, Denise Steigers. NWMLS as distributed by MLS GRID - $280,0001 bd2 ba589 sqftLost Lake Rv Resort, Olympia, WA 98513Active
MLS ID #2568068, Lisa Barnes. NWMLS as distributed by MLS GRID
