$1,300,000
For Sale

423 Franz Anderson Road SE

Olympia, WA 98501
1848 sqft | 2 beds | 1 bath | 1.02 acres | #2233030
Listing OfficeKeller Williams South Sound
Browse 20 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Exceptional opportunity with this multi-family development prospect in Olympia, WA. Situated off of Martin Way, a bustling thoroughfare, between three recently established and fully occupied multifamily developments, this parcel is primed for similar success. Preliminary conceptual plans indicate the potential for up to 60 units. Its advantageous proximity to St. Peter's Hospital underscores its strategic location. Centrally positioned between Olympia and Lacey, tenants will enjoy convenient access to a variety of amenities including retail, dining, and Interstate-5, facilitating a seamless commute to Joint Base Lewis McChord (JBLM) for military personnel, as well as civilian, and state employees. This is zoned HDC-4 in the City of Olympia.

  • Property Details
      • Sewer InformationAvailable, Septic Tank
      • Exterior MaterialsWood, Wood Products
      • FoundationPoured Concrete
      • School DistrictNorth Thurston
      • Date ListedApril 25, 2024
      • Lot DescriptionValue In Land
      • Style10 - 1 Story
      • ViewTerritorial
      • Property SubtypeResidential
      • Original List Price$1,300,000
      • InteriorHardwood
      • Property TypePurchase
      • CountyThurston
      • SubdivisionOlympia
      • MLS #2233030
      • Cost1300000
      • MLS #2233030
      • Utility SourcePublic
      • Taxes Annual$5,518
      • Structure TypeHouse
      • Acres1.02
      • Square Feet1848
      • Year Built1930
      • Days on Market (Cumulative)260
      • Bedrooms2
      • Bathrooms1
      • Full Baths1
Ross & RachelReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

Nearby Listings in 98501