About this home

Great multifamily zoned property in the city of Tumwater! 3 Acres. Minutes to I-5 and walking distance to a large and an ever expanding retail center. Quality and sought after area. Zoned Multifamily High Density Residential (MFH) which allows 14 to 29 units per acre. Quality apartment complexes neighboring to the south and a few blocks to the north so the subject property is in a gap and is next in line to be developed. City water and power are on the property and sewer is in the street. There are income producing manufactured homes, RV slips & a shop on the property that will provide cash flow while developing the property. It is hard to find properties w/ this potential along the I-5 corridor that are only minutes from the freeway.

Schools

Elementary

Michael T Simmons El

Middle

Tumwater Mid

High

A G West Black Hills

Property details

Lot: Open Space, Paved
Water source: Available, In Street, On Property
Sewer: In Street
Utilities: Electricity Connected, Natural Gas Available

Costs

Annual taxes: $5,354 (2025)

Estimate your monthly payment

$4,618/mo

Principal & interest: $4,172
Property taxes: $446

Down payment (20%) $165,000 Interest rate (%) Loan term (years)

Loan amount $660,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Tumwater, WA 98512

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Group 7 Inc., Real Estate Serv— Ed Warnock.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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