$409,900
Est. $2,068/mo522 H Street Sw, Tumwater, WA 98512
• Listed 2026-01-07•11 days on market
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Great investment opportunity from a well maintained duplex with additional assigned parking (6 total). Big 7500 sqft corner lot with potential for additional units and spectacular city and territorial views. Low maintenance yards for easy upkeep. Hardwood flooring in both units keeping maintenance and repair cost down. Newer Mini ductless split in vacant unit providing AC & Heat for better rent. Unit 524 is vacant for a great owner occupied opportunity and comfort. Common area utility room with washer & dryer. Cap rate based on 2024 tax return, current cap rate potential much higher. Conveniently located on Tumwater Hill with quick access to I-5, HWY 101, JBLM, schools, shopping, and parks.
Open houses
No upcoming open houses scheduled for this property.
$329,000
-$80,900 under list price
Nearby comparable homes
RexMont uses 2 strongest recent nearby sales, priced between $295K and $362K.
Rental earnings
$975/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$295,000Last sold price
509 N 3rd Avenue, Tumwater, WA 98512
$362,000Last sold price
817 Grant Street 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.
522 H Street Sw, Tumwater, WA 98512
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of May 29, 2026 at 09:43am (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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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Listed by Michael Barber • NextHome Northwest Group
Listing updated: May 29, 2026 at 09:43am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2465094
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 14 days.
$167,500 Sold
6 weeks 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
4 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
4 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
$415,000 Sold
5 months ago
2 bd•1 ba•~1,182 sq ft•Single Family
1003 Irving Street Sw, Tumwater, WA 98512
4%
Under list
—
Days on market
0.9 mi
Distance
$637,000 Sold
6 months ago
3 bd•2.5 ba•~2,554 sq ft•Single Family
3827 Crosby Boulevard Sw, Tumwater, WA 98512
0%
Under list
—
Days on market
0.6 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 Jun 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.
