Renee Kapa | Real Estate Broker

Renee Kapa

360.584.3877  |  kapa_renee@yahoo.com

A PNW Enthusiast

Renee's connection to the Pacific Northwest runs deep, from its lush forests to its sparkling waterways. With firsthand experience exploring the region's picturesque lakes, rivers, and Puget Sound coastline, Renee brings a unique perspective to the table, allowing her to match clients with waterfront or special properties that perfectly complement their lifestyle and recreational pursuits.

 

New Listings

$539,000
4 Beds 2 Baths 2573230 MLS
Two homes in one great property! Recently refreshed 3-bedroom main home is warm and inviting, with a fully detached 1-bedroom, 1-bath ADU offering a second, completely separate place to live or rent. Just off Tumwater’s historic core, near the Craft District, Brewery Park at Tumwater Falls, parks, trails and local schools, this is one of those properties where the options are the story. Live in the main home and rent the ADU. Live in the ADU and rent the larger home. Or rent both and let the numbers work for you. Current combined rents are $4,532/month, or $54,384/year. Seller-provided figures show $45,313 NOI and an approx. 8.4% cap rate based on current offering terms. Even with 20% down and conventional financing, current income and expenses show potential for positive cash flow. For an owner-occupant, rental income could offset a meaningful part of the monthly payment. For an investor, you have two rentable homes with established income. Major updates throughout! Roof of the ADU is brand new, and windows in the main house have been replaced. The location makes everyday life easy, with recreation, restaurants, schools and downtown Olympia nearby, plus direct access to I-5 for commuting north or south. Spend the morning walking Tumwater Falls, head to the Craft District for dinner. Two detached homes, established income, everyday livability and more than one smart way to own it. Investor, first time buyer or downsizing? This is the property you have been waiting for!

101 2nd Avenue SW, Olympia

Courtesy of Coldwell Banker Evergreen

$555,000
3 Beds 3 Baths 2570291 MLS
Discover the peaceful lifestyle you’ve been waiting for! Set on 1.2 fully fenced acres, this inviting single-story home offers comfort, privacy and plenty of space to enjoy everyday living. The primary bedroom features a private ensuite, while the secondary bedrooms offer ample storage. The interior includes formal living/dining rooms, a great room, casual kitchen eating space, a bonus room w/closet, & a dedicated office. The spacious kitchen provides abundant counter space for meal prep, canning and entertaining. The expansive laundry room offers room for a freezer, pantry storage & more. Stay comfortable year-round with a heating/cooling system, in addition to the wood stove. Generator hookup for reliable backup power. A generous front porch is perfect for morning coffee, while the quaint back patio invites BBQs and relaxation. Multiple outbuildings provide space for firewood, storage, hobbies, projects or gardening. Plenty of room to park an RV, boat or ATVs! Step outside to a true green-thumb paradise! Mature peach, pear, apple, cherry & persimmon trees, walnut and filbert nut trees, three varieties of grapes, Japanese red maples, medicinal plants and abundant vegetation create a beautiful property retreat. Multiple water spigots throughout the property make caring for the grounds convenient. Spend peaceful afternoons beneath the shade trees. Plenty of room for pets; ask about the chickens/ducks. A rare opportunity to enjoy comfortable country living surrounded by nature!

17642 Irwin Street SW, Rochester

Courtesy of Northfork Realty

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Information courtesy of Intermountain Multiple Listing Service. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non‐commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. All listings provided by IMLS are marked with the official IMLS IDX icon.

Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. © 2026 PACMLS