$534,000
3 bd•1 ba•1,068 sq ft
516 I Street Sw, Tumwater, WA 98512
• Listed 2025-04-17
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Based on information submitted to the MLS GRID as of August 15, 2025 at 04:01am (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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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Ready to offset your monthly mortgage?! Fall in love with this home blends charm, versatility, and built-in income rarely found on Tumwater Hill! Main home is over 1000 square feet with original hardwoods, granite, new bathrooms, designated utility room, new lighting, paint and is turn key! Live large in the main home and rent out the studio. Current ADU rent was over $1200 a month, OR EVEN BETTER keep the studio for yourself! Art space, media cave, in-law retreat, private office…the detached dwelling flexes as fast as your lifestyle does. Raised beds, landscaping, fencing, flagstone patio, herb beds, fig tree, blue, huckle and strawberry beds, this is a gardeners dream and you don't even have to lift a finger! Welcome home!
Listed by Kelley Morgan • Coldwell Banker Evergreen
Listing updated: August 15, 2025 at 04:01am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2358146
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (4)
See more →
Open Thu, Jul 9 +6
Open Thu, Jul 9 +6
Open Sat, Jul 11$405,000
-$129,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $375K and $534K.
Rental earnings
$1,225/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$534,000Last sold price
516 I Street Sw, Tumwater, WA 98512
$375,000Last sold price
809 4th Avenue Sw, Tumwater, WA 98512
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
Neighborhood mobility
$529,900
1328 Susitna Lane Sw, Tumwater, WA 98512
Shawn P Johnson · John L. Scott Orting
$659,000
1533 Ridgeview Loop Sw, Tumwater, WA 98512
Sharon Liu · Engel & Volkers Chambers Bay
$500,000
3077 Vista Verde Lane Sw, Tumwater, WA 98512
Hayley Erickson Goelzer · KW Mountains to Sound Realty
$519,900
6017 S Capitol Boulevard, Tumwater, WA 98501
Suzie Elliott · Olympic Sotheby's Int'l Realty
$549,000
4700 Delta Lane Se, Tumwater, WA 98501
Thomas Schrader · RE/MAX Parkside Affiliates
$495,000
4804 Lambskin Street Sw, Tumwater, WA 98512
MaryLynn Marie Steehler · Epique Realty
Tumwater is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 15 days.
$80,000 Sold
7 weeks ago
3 bd•2 ba•Single Family
5705 Sw Littlerock Road #16, Tumwater, WA 98512
16%
Under list
—
Days on market
0.8 mi
Distance
$61,000 Sold
2 months ago
3 bd•1 ba•Single Family
930 Trosper Road Sw #64, Tumwater, WA 98512
7%
Under list
—
Days on market
0.7 mi
Distance
$167,500 Sold
2 months ago
3 bd•Single Family
930 Trosper Road Sw #130, Tumwater, WA 98512
0%
Over list
—
Days on market
0.7 mi
Distance
$295,000 Sold
5 months ago
1 bd•~510 sq ft•Single Family
509 N 3rd Avenue, Tumwater, WA 98512
11%
Under list
—
Days on market
0.7 mi
Distance
$473,000 Sold
5 months ago
3 bd•1.5 ba•~1,261 sq ft•Single Family
1271 Bay Lp Sw, Tumwater, WA 98512
2%
Under list
—
Days on market
0.9 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
Tumwater School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
