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Listed by: Julia Galleher (253) 222-6699 | Keller Williams Realty PS (253) 835-4500
$99,950
Monthly Est:$497
-- Bed
-- Bath
5,779sqft lot
5 Xx Blvd Rd SE, Olympia, WA 98501
$99,950
$497/moEst:
Get Pre-Approved
Residential Lot
Built in -
$-- HOA
5,779 sqft lot
$17/sq.ft
Description
Outstanding opportunity in a highly desirable Olympia location! Lot zoned for 4–8 units per acre, 53' X 110' and commercial zoning is across the street. Ideal for multifamily units (buyer to verify). All utilities are in the street. The adjacent lot with two houses that are currently rented is also for sale, offering immediate returns with future upside. 523 is 769 sq. ft., built in 1962, and has been updated with a newer roof, flooring, and siding, and rented for $1,670.00 a month, while the front home, 521, is 839 sq. ft., built in 1965 and needs some TLC (currently rented for a VERY low $787.50, month to month). Both are 2 bedrooms, 1 bath + carport. Purchase both lots for even a bigger footprint. With alley access available (buyer to verify). A rare combination of location, income, and development potential! Do not disturb the tenants in the houses. What a great investment!
- Houzeo last checked: 12 hours ago
- Listing updated: October 2, 2026 at 7:20 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2562734
Property Details
Status
Pending
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
5,779 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2562734
MLS Status
Pending Inspection
Days on Market
64
Cumulative Days on Market
62
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Available, On Property
Utilities & Energy
Water Source
Available, On Property
Utilities
Electricity Available, Natural Gas Available
Other Features
Lot Features
Paved
Subdivision Name
Olympia
Price History
| Date | Event | Price |
|---|---|---|
10/02/2026 Source: | Pending | $99,950 -77.84% $0/sqft |
07/31/2026 Source: | Price Increased | $450,950 +351.18% $0/sqft |
07/31/2026 Source: | Listed for Sale | $99,950 $0/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 02, 2026, 09:01AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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