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$3,925,000

  • Sold
  • Closed
  • Multi-Family

Listed by Joshua Abbey | Abbey Realty Inc | (360) 459-0428
Sold by Ethan Szmania | The Foundation Group LLC

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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.

Full Property Details for 18304 Nutmeg St SW

General

  • Sold For: $3,925,000
  • Taxes: $30,204 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2394255
  • Added to Site: 215 day(s) ago

Interior

  • Flooring: Vinyl, Vinyl Plank, Carpet

Additional Information

  • Amenities: Cable TV, Fenced-Partially, Outbuildings
  • Security/Safety: Partially Fenced

Parking

  • Covered Spaces: 20
  • Uncovered Spaces: 20

Location

  • Area: 454 - Thurston South
  • County: Thurston
  • Subdivision: Rochester
  • Driving 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.

School Information

  • High School District: Rochester
  • Elementary School: Buyer To Verify
  • Middle School: Rochester Mid
  • High School: Rochester High

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Septic Tank

Structural Information

  • Structure Type: Multi Family
  • Exterior Const.: Wood
  • Roof: Composition
  • Stories in Building: 1
  • Square Feet: 22,082
  • Year Built: 1978

Unit Information

  • Units in Building: 20

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 5.59
  • Lot Size (Sq. Ft.): 243,500
  • Lot Size Source: Realist
  • Lot Features: Secluded

Financial Considerations

  • Tax Amount: $30,204
  • Tax Year: 2024
  • Terms: Cash Out, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 31411900100

Listed by Joshua Abbey | Abbey Realty Inc | (360) 459-0428
Sold by Ethan Szmania | The Foundation Group LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 18304 Nutmeg St SW

School District:Rochester School District
NameGradesDistance
Rochester Primary School
7440 James Road Southwest, Rochester, WA 98579
PK-23.2 mi
Grand Mound Elementary School
7710 James Road Southwest, Rochester, WA 98579
3-53.3 mi
Rochester Middle School
9937 U.S. 12, Rochester, WA 98579
6-84.9 mi
Rochester High School
19800 Carper Road Southwest, Rochester, WA 98579
9-123 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 18304 Nutmeg St SW

Date
Details
Price
Change
Source
11/12/2025
Sold
$3,925,000
-8.72%
MLS
6/17/2025
Listed
$4,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Joshua Abbey | Abbey Realty Inc | (360) 459-0428
Sold by Ethan Szmania | The Foundation Group LLC

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18304 Nutmeg Street SW, Rochester, WA 98579 (MLS# 2394255) is a Multi-Family property that was sold at $3,925,000 on November 12, 2025. Want to learn more about 18304 Nutmeg Street SW? Do you have questions about finding other Multi-Family real estate for sale in Rochester? You can browse all Rochester real estate or contact a Coldwell Banker agent to request more information.