MLS# NWM2233030 – 423 Franz Anderson Road Se, Olympia, WA 98501

$1,300,000
2 Beds
1 Bath
1,848 SqFt
1.02 Acre Lot
44,431 Sqft Lot
Property Photo
Status Active
Property Type Single Family Residence
Year Built 1930
Neighborhood Olympia
Days on Website 251

Listing courtesy of Keller Williams South Sound 360-786-6900

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.

Property Details and Features

Home Owner’s Association

  • Association Fee: $0

Interior Features

  • Interior Features: “Hardwood”

Listing

  • Senior Exemption: false

Bathrooms

  • 1 full bathroom
  • Main Level Bathrooms: 1
  • Baths Full Main: 1

Bedrooms

  • Bedrooms Possible: 2
  • Bedrooms Total: 2

Building

  • Building Area Total: 1848
  • Building Area Units: Square Feet
  • Building Information: Built On Lot
  • Calculated Square Footage: 1848
  • Elevation Units: Feet
  • Entry Location: Main
  • Levels: “One”
  • Living Area: 1848
  • Structure Type: “House”
  • Year Built: 1930

Exterior Features

  • Exterior Features: “Wood”, “Wood Products”

Fireplaces

  • Fireplace Features: “Electric”
  • Fireplaces Total: 0

Floors

  • Flooring: “Hardwood”

Foundation

  • Foundation Details: “Poured Concrete”

Location

  • County or Parish: Thurston
  • Subdivision: Olympia

Lot

  • Features: “Value In Land”
  • 1 acres
  • 44431 square feet
  • View: “Territorial”

Parking

  • Carport Spaces: 2
  • Covered Spaces: 2
  • Parking Features: “Attached Carport”
  • Parking Total: 2

Possession

  • Possession: “Closing”

Property

  • Topography: Level
  • Zoning Description: HDC-4

Roof

  • Roof: “Composition”

Schools

  • High School District: North Thurston

Sewer

  • Sewer: “Available”, “Septic Tank”
  • Sewer Company: City of Olympia

Utilities

  • Power Company: PSE
  • Power Production Type: “Electric”, “Natural Gas”
  • Water Company: City of Olympia
  • Water Source: “Public”

Property Map

$1,300,000 – 423 Franz Anderson Road Se, Olympia, WA 98501

Street View

Request More Info Schedule a Showing

Request More Info

  • This field is for validation purposes and should be left unchanged.

Schedule a Showing

  • This field is for validation purposes and should be left unchanged.

Listings last updated on January 10, 2025 18:55.

Print Options

Select the items on the page that you would like to print. This "Print Options" block will not be printed.

Main Photo Main Details Property Description Property Features
Additional Photos Addtl Photos Size Location Map