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Listing courtesy of NWMLS / Abbey Realty Inc

18304 Nutmeg Street SW

Rochester, WA 98579

– beds
– baths
22,082 sqft
~6 acre lot
$194 per sqft
1978 build

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.

Listing courtesy of NWMLS / Abbey Realty Inc

Last checked: Checking… • Last updated Jul 2, 2025 •

MLS# 2394255 —

The Building

Year Built:

1978
New Construction:

false
Structure Type:

Multi Family
Roof:

Composition
Security Features:

Partially Fenced
Exterior Features:

Wood
Units In Building Total:

20
# of Units Total:

20
Stories Total:

1
Building Area Total:

22082
Building Area Units:

Square Feet
Calculated SqFt:

22082
SqFt Source:

Realist
Construction Materials:

Wood

Interior

Flooring:

Vinyl, Vinyl Plank, Carpet
Fireplace:

false

Financial & Terms

Possession:

Subject to Tenant Rights

Location

Latitude:

46.821693
Longitude:

-122.988256
Directions:

I-5 Exit 88, East on Old Hwy 99 (Tenino Grand Mound Rd), Left on Nutmeg, Right on 183rd Ave, 1st right into complex.

The Property

Property Type:

Residential Income
Property Subtype:

Multi Family
Parcel Number:

31411900100
Lot Features:

Secluded
Lot Size Units:

Square Feet
Lot Size Acres:

5.59
Lot Size SqFt:

243500
Lot Size Source:

Realist
View:

Territorial
View:

true
Waterfront:

false
Irrigation Water Rights:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

30204

The Listing

Special Listing Conditions:

None

Heating & Cooling

Cooling:

false
Heating:

true
Cooling:

None
Heating:

Baseboard

Utilities

Water Company:

Well
Sewer:

Septic Tank
Sewer Company:

Septic
Water Sewer Garbage:

18877

Schools

Elementary School:

Buyer To Verify
Middle Or Junior School:

Rochester Mid
High School:

Rochester High
High School District:

Rochester

The Community

Subdivision Name:

Rochester
Senior Community:

false
Association:

false

Parking

Parking Total:

40
Parking Uncovered Spaces:

20
Open Parking:

true
Open Parking Spaces:

20
Carport:

false
Covered Spaces:

20

Listing courtesy of NWMLS / Abbey Realty Inc

This "Three Trees" icon indicates a listing provided courtesy of NWMLS. Based on information submitted to the MLS GRID as of Sat Jul 05 2025 10:08 PM. 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. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.

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Sale history

Date	Event	Source	Price	% Change
6/17/25 Jun 17, 2025	Listed / Active	NWMLS	$4,300,000

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This multifamily located in Grand Mound, WA 98579 is currently for sale for $4,300,000. 18304 Nutmeg Street SW is a 22,082 square foot multifamily with – beds and – baths. This multifamily is in the attendance area of Rochester Middle School, Rochester High School, Grand Mound Elementary School, H.E.A.R.T. High School, and Rochester Primary School.

Listing courtesy of NWMLS / Abbey Realty Inc

Disclaimer: The information contained in this listing has not been verified by Abbey Realty Inc and should be verified by the buyer.