Rochester, WA 98579 18304 Nutmeg Street SW
$4,300,000
Pending
11 more
Presented By: Abbey Realty Inc and NWMLS
- MLS# 2394255
- 06/17/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 22,082
Home Details
20 unit duplex community for sale in Thurston County. Exceptional investment opportunity with this well-maintained 5.59 acre property of 10 duplexes, each unit featuring 2 bds, 1 ba, and a one-car garage. Features newer roofs, a shared well, and central shared park space. Units are designed for comfort and low maintenance. Just minutes to Centralia and only 20 minutes from Tumwater, this property boasts easy access to I-5 for seamless commuting. Long-term tenants love the location, sense of community, and the generous space, ensuring consistent occupancy and reliable cash flow. Priced to deliver a strong 7% cap rate, this turnkey investment is a rare find. Opportunity knocks—secure this high-performing, income-generating property.
Presented By: Abbey Realty Inc and NWMLS
Interior Features for 18304 Nutmeg Street SW
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringVinyl, Vinyl Plank, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories1
General for 18304 Nutmeg Street SW
Building Area UnitsSquare Feet
Cap Rate7
Carport Spaces
Carport Y/NNo
CityRochester
CoolingNone
CountyThurston
DirectionsI-5 Exit 88, East on Old Hwy 99 (Tenino Grand Mound Rd), Left on Nutmeg, Right on 183rd Ave, 1st right into complex.
Electric Expense
Elementary SchoolBuyer To Verify
Fuel Expense
HOANo
HOA Fee$
HeatingBaseboard
High SchoolRochester High
High School DistrictRochester
Insurance Expense11696
Leasable Area22080
Listing TermsCash Out, Conventional
Lot Size Square Feet243500
Lot Size UnitsSquare Feet
MLS Area454 – Thurston South
Middle/Junior High SchoolRochester Mid
ModificationTimestamp2025-09-19T23:05:11.021Z
NWM_ShowMapLinkY
Net Operating Income301137
New ConstructionNo
Number Of Units Total20
Open Parking Spaces20
PossessionSubject to Tenant Rights
Property Style56 – 10+ Units
Property SubtypeMulti Family
Property TypeResidential Income
Public Remarks20 unit duplex community for sale in Thurston County. Exceptional investment opportunity with this well-maintained 5.59 acre property of 10 duplexes, each unit featuring 2 bds, 1 ba, and a one-car gara
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSeptic Tank
Special Listing ConditionsNone
Standard StatusPending
StatusPending
Structure TypeMulti Family
Subdivision NameRochester
Tax Annual Amount30204
Tax Year2024
Units Below Gradefalse
Units In Building Total20
ViewTerritorial
Water CompanyWell
Water Sewer Garbage18877
Year Built1978
Exterior for 18304 Nutmeg Street SW
Building Area Total22082
Covered Spaces20
Exterior AmenitiesWood
Irrigation Water Rights Y/NNo
Lot FeaturesSecluded
Lot Size Acres5.59
Parking Uncovered Spaces20
Site FeaturesCable TV, Fenced-Partially, Outbuildings
Total Parking40
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Rochester High
Middle School
Rochester Mid
Elementary School
Buyer To Verify Elementary School
Josh QA1
REALTOR ® SRES ®