$1,250,000
Pending

2123 9th Avenue SW

Olympia, WA 98502
Listing OfficeOlympic Sotheby's Int'l Realty
Browse 10 photos
Type:Purchase
Structure:Land
Zone:Residential

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.

  • Property Details
      • Utility FeaturesElectricity Connected, Natural Gas Available
      • Lot DescriptionCorner Lot, Curbs, Paved, Sidewalk
      • Style42 - Multi-Family
      • Date ListedFebruary 09, 2024
      • Utility SourceNot Available
      • Structure TypeMulti Family
      • Original List Price$1,250,000
      • Sewer InformationIn Street
      • Property TypePurchase
      • SubdivisionWestside
      • CountyThurston
      • School DistrictOlympia
      • MLS #2198596
      • Cost1250000
      • MLS #2198596
      • Acres2.33
      • Property SubtypeLand
      • Days on Market (Cumulative)348
Paul KogelmannReal Estate Group
$
years

Down Payment

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%
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
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Loan Amount
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