You can show that of the complement of $2 \mathbf{Z}_{(2)}$ is $\mathbf{Z}_{(2)}^{\times}$, showing thereby that $2 \mathbf{Z}_{(2)}$ is the unique maximal ideal of $\mathbf{Z}_{(2)}$. This show that $\mathbf{Z}_{(2)}$ is a local ring.
"Alternatively", consider the "map" from $\mathbf{Z}_{(2)}$ to $\mathbf{F}_2$ defined by sending an element $x= \frac{a}{b}$ with $a,b$ integers and $2$ not dividing $b$ to $\overline{a} \overline{b}^{-1}$, where $\overline{x}$ is the image in $\mathbf{F}_2$ of the integer $x$. Show that this map is well defined, that is, that it does not depend on the writing $x= \frac{a}{b}$ with $a,b$ integers and $2$ not dividing $b$, and that it is a ring morphism. Show that its kernel is the ideal $2 \mathbf{Z}_{(2)}$. As this morphism is surjective, this implies passing to the quotient that the induced map $\mathbf{Z}_{(2)} / 2 \mathbf{Z}_{(2)} \to \mathbf{F}_2$ is an isomorphism. As $\mathbf{F}_2$ is a field, this shows that $2 \mathbf{Z}_{(2)}$ is a maximal ideal of $\mathbf{Z}_{(2)}$.
Intuition. More generally instead of $2$, let $p$ be a prime. What is $\mathbf{Z}_{(p)}$ ? The ring $\mathbf{Z}$ is a ring where only $\pm 1$ are invertible. We want to construct a bigger ring, containing $\mathbf{Z}$, and in which every guy from $\mathbf{Z}$ that is not divisible by $p$ will become invertible. This ring is $\mathbf{Z}_{(p)}$. (For any ring, $A^{\times}$ denotes the set of invertible elements of $A$.) Then, $\mathbf{Z}_{(p)}^{\times} = \mathbf{Z}_{(p)} \backslash p\mathbf{Z}_{(p)}$.
Remark. More generally, if $A$ is a commutative ring with unit and if $\mathfrak{p}$ is a prime ideal of $A$, with the same arguments, you have an isomorphism $A_{\mathfrak{p}} / \mathfrak{p} A_{\mathfrak{p}} \to \textrm{Frac}(A/\mathfrak{p})$, where $A_{\mathfrak{p}}$ is the localisation of $A$ with respect to the multiplicative subset $S = A \backslash \mathfrak{p}$ of $A$. The ring $A_{\mathfrak{p}}$ is also called by abuse of language the location of $A$ at the prime ideal $\mathfrak{p}$, or also more simply, the localization of $A$ a $\mathfrak{p}$. This vocabulary applies of course to $A = \mathbf{Z}$ and $\mathfrak{p} = 2 \mathbf{Z}$.