Listed By:
Olympic Sotheby's Int'l Realty and NWMLS
Address
2123 9th Avenue SW, Olympia, WA
Price
$ 1,250,000
Property Attributes
  • ID#2198596
  • TypeLand
  • CountyTHURSTON
  • CityOlympia
  • AreaOlympia Westside
  • NeighborhoodWestside
  • Zip98502
  • StyleMulti-Family
  • Price$ 1,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2.33 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

Attention Developers! This is one of the last remaining large multifamily development pieces in the city of Olympia. 2.33+/- acres zoned RM-24, with the potential for increased density beyond that. This property sits on the corner of 9th and Fern in the desirable Westside neighborhood next to countless amenities, and between the Capital Mall and Downtown Olympia. With housing demand rapidly increasing this is a prime opportunity to construct a beautiful multifamily development. Call today with questions because once this property is gone, there won't be another like it. Lot also features 1408+/- sqft home that needs some work, but could bring in rental income while you work on getting development permits.

Price History
2/9/2024 Listed $1,250,000

General Features

Sewer In Street
Utilities Natural Gas Available,Electricity Connected
Possession Closing
Topography Level
Property SubType Land
County Thurston
Property Type Land
Subdivision Name Westside
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions Going north on Black Lake Blvd,take a right on 9th to property on the right.
City Olympia
View Y/N No
Senior Community Y/N No
High School District Olympia
Zoning Description RM-24
MLS Area 444 - Olympia Westside
Lot Size Square Feet 101495
Waterfront Y/N No
Carport Y/N No
Street Name 9th
Public Remarks Attention Developers! This is one of the last remaining large multifamily development pieces in the city of Olympia. 2.33+/- acres zoned RM-24,with the potential for increased density beyond that. Th
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Property Features Heavily Forested
Gas Status In Street
Zoning Class Multi-Family
Property Style 42 - Multi-Family

Interior Features

Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Street Suffix Avenue
Electric On Property Y/N Yes
Living Area Units Square Feet

Exterior Features

Lot Features Corner Lot,Curbs,Paved,Sidewalk
Water Source Not Available
Lot Size Acres 2.33
Road Surface Type Paved
Lot Size Units Square Feet
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 98502

Price
AVG $280K
$1.25M
Visits
AVG 181
36
Data Provided by Inside Real Estate®