Listed by Reid Jones • Westlake Associates, Inc. Bought with ZNonMember-Office-MLS.
Off market oct 2024 for $1.6M
—
Est. refi paymentEst. refi$1,915/mo
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bd
•
— ba
•
6,500
sq ft
1527 Bishop Rd SW, Tumwater, WA 98512
About this home
The property has undergone substantial upgrades to maximize its excellent location and future growth potential. Exterior renovations were completed in 2021 and 2022. All six units have been remodeled with new appliances, flooring, cabinetry, fencing, and other miscellaneous improvements. The Bishop 6-unit community is conveniently located just two blocks off Littlerock Rd SW, with access to public transit options. Enjoy easy access to I-5, with the property being less than a mile from the interstate. Within a three-minute drive to essential locations such as Tumwater Middle School & High School, Costco, and Home Depot.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.67 Acres
Year renovated
1999
Sq. Ft.
1,612
Year built
1977
Style
Multi-Family (5+ Unit)
County
Thurston County
APN
12703241900
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
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Last updated by owner on Sep 18, 2026.
MFM
Multifamily Medium Density Residential Zone District
The intent of the multifamily medium density residential MFM zone district is to: Provide for a high standard of development for residential areas of medium density including both single-family and multifamily housing; Provide designated areas in which a minimum net density of 9 units per acre and a maximum net density of 15 units per acre apply to promote the efficient use of land; Guide medium density residential development in such a manner as to encourage and plan for the availability of public services and community facilities such as utilities, police and fire protection, streets, public transit, schools, parks and recreation; Encourage development of attractive residential areas that provide a sense of community, establish a pedestrian-friendly atmosphere and contain a variety of housing types; Ensure that development without municipal utilities is at a density and in a configuration that enables cost effective urban density in-fill development when municipal utilities become available.
Permitted uses
Include but are not limited to:
Agriculture
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Bed & breakfast
Recreation
Communications tower
Housing-Mobile home park
Park & open space
Property details
Parking
Parking Information
Parking Uncovered Spaces: 6
Covered Spaces: 6
Open Parking Spaces: 6
Has Open Parking
Interior
Heating & Cooling
Has Heating
Heating Information: Baseboard
Cooling Information: None
Interior Features
Interior Features: Wall to Wall Carpet
Flooring: Vinyl Plank, Carpet
Multi-Family Financial Information
Insurance Expense: $2,211
Other Expense: $30,538
Net Operating Income: $97,907
Gross Adjusted Income: 148917
Gross Scheduled Income: $156,020
Total Monthly Income: 13002
Gross Rent Multiplier: 11.62
Total Expenses: 51010
Multi-Unit Information
Units Below Grade: false
Units In Building Total: 6
Vacancy Rate: 5
# of Units (Total): 6
Exterior
Building Information
Roof: Composition
Exterior Features
Exterior Features: Wood
Property Information
Energy Source: Electric
Style Code: 55 - 5-9 Units
Property Type: Residential Income
Property Sub Type: Multi Family
Land Information
Possible Use: Multi-Family
Lot Information
MLS Lot Size Source: Thurston County
Site Features: Fenced-Fully
Zoning Jurisdiction: City
Lot Features: Paved, Sidewalk
Lot Size Units: Square Feet
Lot Size Acres: 0.668
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $10,597
Tax Year: 2024
Financial Information
Listing Terms: Assumable, Cash Out, Conventional
Buyer Financing: Conventional
Utilities
Utility Information
Sewer: Sewer Connected
Water Sewer Garbage: 7664
Location
School Information
High School District: Tumwater
Location Information
Directions: On I-5 S exit 102 Trosper Rd, Right on Trosper, Left on Littlerock Rd, left on Bishop to 6plex on right.
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,612
Stories: 1.0
Lot Size: 0.67 acres
Style: Multi-Family (5+ Unit)
Year Built: 1977
Year Renovated: 1999
County: Thurston County
APN: 12703241900
Home facts updated by county records on Sep 18, 2026
Other
Listing Information
Mls Status: Sold
Listing Date Information
On Market Date: Thursday, June 27, 2024
Green Information
Power Production Type: Electric
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 6500
MLS Square Footage Source: Thurston County
Building Area Total: 6500
Building Area Units: Square Feet
Structure Type: Multi Family
Stories Total: 1
Around this home
Schools
K - 12
Preschool & daycare
Michael T Simmons Elementary School
Public PreK-5 • Assigned • 1.2mi
8/10
Tumwater Middle School
Public 6-8 • Assigned • 0.2mi
8/10
A G West Black Hills High School
Public 9-12 • Assigned • 1.5mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 88° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
7 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
Tumwater, WA • 98512
Average low and high temperatures (°F)
45
34
45
34
52
38
61
40
66
45
71
49
76
52
77
55
71
51
58
42
49
40
46
38
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.7 hours in
June and 1.8 hours in December, placing it below the
U.S. average for solar exposure.