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$925,000
2 Beds 1 Baths 2467467 MLS ACTIVE Status
Want to get in the development game? Looking for a next great project in a great location? Read on! What is your vision? Single family homes on large lots, attached townhomes for a more affordable option, or multifamily housing to retain in the portfolio. In recent years, State legislation has added more flexibility and options to the way residential land (the parcel is in the Tumwater UGA and zoned SFM 6-9 per acre) and the City of Tumwater is currently underway adopting these policies to be implemented in 2026 (buyer to verify). The property is level/adjacent to paved road/significant timber value exists on the property. Sewer is a stones throw away. Existing home provides income while permitting. Call today for more info!

4027 Dent Road SW, Olympia

Listing courtesy of Keller Williams South Sound.

$500,000
2 Beds 1 Baths 2431858 MLS ACTIVE Status
Investor Alert: Rare Dual-Lot Opportunity! Unlock the potential of this 2 bed / 1 bath home with 2 separate parcels totaling just under ½ acre in R6-12 zoning! Located near San Fran bakery and offering a peek-a-boo view of the sound, this property is bursting with possibilities. The home features a 2-car garage AND a dedicated RV garage, and the extra lot offers flexibility for expansion, development, or garden oasis. Bonus: Sewer connection already in place between both parcels! Whether you're looking to develop multifamily housing, build a second home, or simply enjoy a generous garden space, this is the property you’ve been waiting for. Imagine the possibilities – act fast, this won't last!

1124 Pear Street NE, Olympia

Listing courtesy of Better Properties - Metro.

$500,000
2325187 MLS ACTIVE Status
Located three blocks from the Capitol Building, this 120 ft x 111 ft size lot, 120 ft frontage on Union Avenue SE, making it exceptionally suitable for a variety of developments including apartment buildings, senior housing, homeless shelters, and more due to its "Urban Residential" zoning(UR), which could permit up to 5 story 42 ft height with 85% lot coverage, a 10 ft front setback, 5 ft rear set back, no side setbacks can provide 11,000 SF lot coverage X 4 story building (44,000 SF for 45-60 unit apartment or senior housing or 70 homeless housing units ). No parking required for residential apartment,senior housing or home less shelter . previously used as a parking lot for an office building.

625 UNION Avenue SE, Olympia

Listing courtesy of CENTURY 21 North Homes Realty.

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