423 Franz Anderson RD SE, Olympia, WA 98501 - MLS#2233030

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ONE Real Estate

broker@1realty.com +1(360) 201-0908

Listed by Keller Williams South Sound

$ 1,300,000

Est. payment -/mo

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Active

423 Franz Anderson RD SE Olympia, WA 98501

2 Beds

1 Bath

1,848 SqFt

UPDATED:

11/14/2024 02:58 AM

Key Details

Property Type Single Family Home

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Square Footage 1,848 sqft

Price per Sqft $703

Subdivision Olympia

MLS Listing ID 2233030

Style 10 - 1 Story

Bedrooms 2

Full Baths 1

Year Built 1930

Annual Tax Amount $5,518

Lot Size 1.020 Acres

Property 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.

Location

State WA

County Thurston

Area 447 - Olympia North

Rooms

Main Level Bedrooms 2

Interior

Interior Features Hardwood

Flooring Hardwood

Fireplaces Type Electric

Fireplace false

Exterior

Exterior Feature Wood, Wood Products

Waterfront No

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Value In Land

Story One

Sewer Available, Septic Tank

Water Public

New Construction No

Schools

School District North Thurston

Others

Senior Community No

Acceptable Financing Cash Out, Conventional, Owner Financing

Listing Terms Cash Out, Conventional, Owner Financing

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

ONE Real Estate

Broker

+1(360) 201-0908

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