Tumwater Hill Homes with 10 - 1 Story Style

Tumwater Hill Homes with 10 - 1 Story Style

Welcome to Tumwater Hill, a charming neighborhood nestled in the heart of Thurston County, Washington. Known for its stunning views and serene atmosphere, Tumwater Hill is a hidden gem that offers a perfect blend of suburban comfort and natural beauty. This picturesque community is ideal for families, retirees, and anyone seeking a peaceful retreat while still being conveniently close to urban amenities.

One of the standout features of Tumwater Hill is its diverse range of homes, particularly the beautiful 10-1 story style residences that grace the landscape. These thoughtfully designed homes provide an inviting and functional living space, with open floor plans that maximize natural light and create a warm, welcoming environment. Many of these homes boast modern finishes and energy-efficient features, making them both stylish and practical for today’s homeowners.

The neighborhood itself is characterized by its well-maintained streets, lush greenery, and friendly neighbors. Residents enjoy easy access to local parks, walking trails, and recreational facilities, making it easy to embrace an active lifestyle. Families will appreciate the proximity to highly-rated schools, while nature enthusiasts can explore nearby scenic spots that showcase the stunning Pacific Northwest landscape.

With its idyllic setting, strong sense of community, and a variety of home styles, Tumwater Hill is a perfect place to call home. Whether you’re looking for a cozy retreat or a vibrant community, this neighborhood has something for everyone. Discover the charm of Tumwater Hill today, and experience the lifestyle you’ve been dreaming of!

Newest Tumwater Hill Homes with 10 - 1 Story Style

101 NW 2nd Avenue, Olympia
$495,000
4 Beds ⋅ 2 Baths ⋅ 2573230 MLS ⋅ ACTIVE Status
Two homes in one great property! Recently refreshed 3-bedroom main home is warm and inviting, with a fully detached 1-bedroom, 1-bath ADU offering a second, completely separate place to live or rent. Just off Tumwater’s historic core, near the Craft District, Brewery Park at Tumwater Falls, parks, trails and local schools, this is one of those properties where the options are the story. Live in the main home and rent the ADU. Live in the ADU and rent the larger home. Or rent both and let the numbers work for you. Current combined rents are $4,532/month, or $54,384/year. Seller-provided figures show $45,313 NOI and an approx. 8.4% cap rate based on current offering terms. Even with 20% down and conventional financing, current income and expenses show potential for positive cash flow. For an owner-occupant, rental income could offset a meaningful part of the monthly payment. For an investor, you have two rentable homes with established income. Major updates throughout! Roof of the ADU is brand new, and windows in the main house have been replaced. The location makes everyday life easy, with recreation, restaurants, schools and downtown Olympia nearby, plus direct access to I-5 for commuting north or south. Spend the morning walking Tumwater Falls, head to the Craft District for dinner. Two detached homes, established income, everyday livability and more than one smart way to own it. Investor, first time buyer or downsizing? This is the property you have been waiting for!

101 NW 2nd Avenue, Olympia

Listing Broker: Coldwell Banker Evergreen; Madison Del Vigo; 360-918-1693; madison.delvigo@cbolympia.com

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