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Listing Firm: Virgil Adams Real Estate, Inc.: Spence Weigand

Active
NWMLS # 2173038

$475,000

  • - Beds
  • - Baths
  • - Sq.ft.

1200 Cherry Street SE, Olympia, WA 98501

Listings with the three tree icon are courtesy of NWMLS

About This Property

Opportunity time! This ideally located .34 acre site is zoned Urban Residential and is sited so conveniently close to office buildings, downtown, and the freeway in a high density job area. Urban Residential requires no minimum/maximum unit/acre density requirements. 55' height restriction. Would appear to provide 20-25 units on site.

Aris360 Last Checked: 4 Minutes Ago (Jun 03, 2025 12:13 AM)

  • Source: NWMLS as Distributed by MLS Grid #2173038

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

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

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$3,847 per month
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Property Features

  • County
    • Olympia
  • Community
    • 447 - Olympia North
  • MLS Area
    • 447 - Olympia North
  • Longitude
    • -122.894236
  • Latitude
    • 47.037476
  • Directions
    • When traveling South on I-5 / Take Exit 105 towards State Capitol / Merge onto 14 Ave SE / Take the first exit on Jefferson/ Turn right on 14th Ave SE / Turn right onto Cherry St SE

  • Style
    • 42 - Multi-Family
  • Lot Description
    • Corner Lot,
    • Curbs,
    • Paved,
  • Topography
    • Level,Sloped
  • Elevation
    • Feet
  • Water Source
    • In Street,
  • Septic or Sewer
    • In Street,
  • Building Total Area (Sq. Ft.)
    • 14400
  • Has View
    • Yes
  • Utilities
    • Electricity Available,
    • Natural Gas Available,
  • View Description
    • City,

  • High School District
    • Olympia
  • Jr. High School
    • Wash Mid
  • Elementary School
    • Lincoln Elementary
  • High School
    • Olympia High

  • Possession
    • Closing,
  • Property Type
    • Land
  • Property SubType
    • Land
  • Tax Year
    • 2023
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $2105
  • Status
    • Active

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Disclaimer: Based on information submitted to the MLS GRID as of Tue Jun 03 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 03, 2025 12:13 AM