423 Franz Anderson Road SE Olympia, WA 98501
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 TypeSingle Family Home
- NeighborhoodOlympia
- CountyThurston
- Taxes$5,518
- HOA/Condo/Coop Fees$0
- Days on Site163 Days
- MLS StatusActive
- MLS ID Number2233030
- Home Size Source realist
- Year Built1930
- Lot Size1.02 Acres
- Full Baths1
- Partial BathsN/A
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General Features
- Parking Attached Carport
- Parking Spaces 2
- Sewer Septic TankAvailable
- Number of Stories 1
- Acreage 1.02
- Water Public
- Zoning HDC-4
- Property Sub Type Single Family Residence
- Attached Garage No
- Lot Features Value In Land
- Parking Total 2
Interior Features
- Cooling None
- Heating Forced Air
- Flooring Hardwood
- Interior Hardwood
- Fireplaces 0
- Fireplace Features Electric
- Fireplace No
Exterior Features
- Roof Composition
- View Territorial
- Waterfront Property No
- Exterior WoodWood Products
- Lot Value In Land
Community Features
- Association Dues 0
- Senior Community No
- MLS Area 447 - Olympia North