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JRJeff ReynoldsCompass · Seattle

7039 7041 Lazy Court SW, Tumwater, WA 98512

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Active

Listed by Christina Janis, Epic Realty

Active0 days on market

$680,000

$229 per sq ft

7039 7041 Lazy Court SW, Tumwater, WA 98512

Tumwater, WA, 98512

Sq ft
2,974
Built
2003
Parking
6 spaces
HOA
$377 semi-annually
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Jeff Reynolds · Managing Broker, Compass

Start with a focused 15-minute call, then tour with a clear due-diligence plan.

2,974
Square feet
$229
Per sq ft
Multi Family
Type
2003
Year built
7,001 sq ft
Lot
0
Days on market

About this property

Opportunity meets flexibility in this well-maintained, rent-ready duplex located in a great Tumwater location! Each spacious unit offers 1,487 square feet, featuring 3 bedrooms, 2.5 bathrooms, a one-car garage, and additional parking, & fully fenced backyards. Thoughtfully designed floor plans provide plenty of living space, making them attractive to owner-occupants, and tenants alike. This property has seen significant recent improvements, including a brand-new roof, new furnaces and water heaters in both units, refreshed landscaping, and new carpet and LVP flooring in the vacant unit. These upgrades help minimize near-term maintenance expenses while providing peace of mind for years to come. The vacant unit (#7041) is move-in ready and offers immediate flexibility, whether you choose to occupy it yourself or capitalize on current market rents. The neighboring unit (#7039) is currently leased at $2,250 per month on a month-to-month agreement, creating reliable income today while preserving future options. Ideally situated near schools, shopping, dining, parks, and everyday essentials, with convenient access to major commuting routes, this duplex benefits from a location that continues to attract strong tenant demand. Whether your goal is generating cash flow, reducing housing costs, building equity, or growing your investment portfolio, this versatile property offers the rare combination of immediate income, major capital improvements in the sought-after Tumwater market.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2558449
Listed
July 22, 2026
Days on market
0
Price per sq ft
$229

Unit & building

Stories in building
2
Units in building
2

Homeowners association

HOA dues
$377 semi-annually

Parking

Covered spaces
2
Total spaces
6

Construction

Year built
2003
Style
52 - Duplex
Structure
Duplex
Roof
Composition

Heating & cooling

Heating
90%+ High Efficiency
Cooling
None
Energy source
ElectricNatural Gas

Flooring

Flooring
Ceramic TileVinylVinyl PlankCarpet

Lot

Lot features
CurbsPaved
Lot size
7,001 sq ft

Terms

Terms offered
CashConventionalFHAVA Loan

Utilities

Water
City of Tumwater
Sewer
City of Tumwater
Power
Puget Sound Energy

Schools

District
Tumwater
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

Listing history

  1. Listed

    $680,000

    July 22, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$4,022

Principal & interest
$3,438
Property tax (est.)
$521
HOA dues
$63

Assumes $136,000 down (20%), a $544,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 22, 2026 at 6:15 PM PDT. 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.