423 Franz Anderson Road Se, Olympia, WA 98501

Local realty services provided by:Knipe Realty ERA Powered
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Listed by:jason munoz
Office:keller williams south sound
MLS#:2233034
Source:NWMLS
423 Franz Anderson Road Se,Olympia, WA 98501
$1,200,000
  • 1.02 Acres
  • Lots / Land
  • Active

Price summary

  • Price:$1,200,000

About this home

An exceptional opportunity presents itself 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.

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Home facts

  • Listing Id #:2233034
  • Updated:August 08, 2025 at 12:17 AM

Structure and exterior

  • Lot area:1.02 Acres

Utilities

  • Water:Available
  • Sewer:Available

Finances and disclosures

  • Price:$1,200,000
  • Tax amount:$5,518 (2024)
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