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Listing Firm: Keller Williams South Sound: Jason Munoz

Active
NWMLS # 2233034
  • - Beds
  • - Baths
  • - Sq.ft.

423 Franz Anderson Road SE, Olympia, WA 98501

Listings with the three tree icon are courtesy of NWMLS

About This Property

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.

Aris360 Last Checked: 2 Minutes Ago (Jun 04, 2025 03:22 PM)

  • Source: NWMLS as Distributed by MLS Grid #2233034

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Franz Anderson
  • Zip/Postal Code: 98501
  • City: Olympia

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$3,847 per month
Principal & Interest
Home Insurance
Property Taxes

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Loan Detail

Interest Rate

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Property Features

  • County
    • Olympia
  • Community
    • 447 - Olympia North
  • MLS Area
    • 447 - Olympia North
  • Longitude
    • -122.848306
  • Latitude
    • 47.046004
  • Directions
    • Lilly Rd SE, L on Stoll Rd SE, R on Franz Anderson to property.

  • Interior
    • Hardwood
  • Floors
    • Hardwood
  • Power Production Type
    • Electric
    • Natural Gas

  • Style
    • 42 - Multi-Family
  • Foundation
    • Poured Concrete,
  • Topography
    • Level
  • Elevation
    • Feet
  • Water Source
    • Available,
    • Public,
  • Exterior
    • Wood
    • Wood Products
  • Roof
    • Composition,
  • Septic or Sewer
    • Available,
    • Septic Tank,
  • Lot Size in Acres
    • 1

  • Building Total Area (Sq. Ft.)
    • 44431
  • Has View
    • Yes
  • Utilities
    • Natural Gas Available,
    • Electricity Connected,
  • Electric On Property
    • Yes
  • View Description
    • Territorial,

  • High School District
    • North Thurston

  • Possession
    • Closing,
  • Property Type
    • Land
  • Property SubType
    • Land
  • Tax Year
    • 2024
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $5518
  • Status
    • Active

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Disclaimer: Based on information submitted to the MLS GRID as of Wed Jun 04 2025 . 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.

Jun 04, 2025 03:22 PM