18304 Nutmeg St SW Rochester, WA 98579
Estimated payment $25,765/month
Highlights
- Secluded Lot
- No HOA
- Baseboard Heating
- Territorial View
- Vinyl Plank Flooring
- Partially Fenced Property
About This Home
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.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2394255
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $30,204
Year Built
- Built in 1978
Lot Details
- 5.59 Acre Lot
- Partially Fenced Property
- Secluded Lot
Home Design
- Composition Roof
- Wood Siding
Interior Spaces
- 22,082 Sq Ft Home
- 1-Story Property
- Territorial Views
Flooring
- Carpet
- Vinyl Plank
- Vinyl
Parking
- 40 Parking Spaces
- 20 Covered Spaces
- Open Parking
Outdoor Features
- Outbuilding
Schools
- Rochester Mid Middle School
- Rochester High School
Utilities
- Baseboard Heating
- Septic Tank
- Cable TV Available
Community Details
- No Home Owners Association
- Rochester Subdivision
Listing and Financial Details
- Assessor Parcel Number 31411900100
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $30,205 | $3,370,900 | $171,800 | $3,199,100 |
| 2023 | $30,205 | $3,449,900 | $278,100 | $3,171,800 |
| 2022 | $24,409 | $3,300,000 | $281,900 | $3,018,100 |
| 2021 | $22,922 | $2,331,900 | $145,800 | $2,186,100 |
| 2020 | $29,631 | $2,011,200 | $183,500 | $1,827,700 |
| 2019 | $20,733 | $2,187,100 | $275,800 | $1,911,300 |
| 2018 | $22,679 | $1,553,400 | $73,600 | $1,479,800 |
| 2017 | $20,344 | $1,405,350 | $59,450 | $1,345,900 |
| 2016 | $19,181 | $1,391,800 | $87,400 | $1,304,400 |
| 2014 | -- | $1,298,400 | $85,000 | $1,213,400 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2025 07/22/25 | Pending | -- | -- | -- |
| 06/17/2025 06/17/25 | For Sale | $4,300,000 | -- | $195 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2394255
APN: 31411900100
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