Listed by Nit Niranjan, CENTURY 21 North Homes Realty
- Land
- Type
- 13,352 sq ft
- Lot
- 627
- Days on market
About this property
Located three blocks from the Capitol Building, this 120 ft x 111 ft size lot, 120 ft frontage on Union Avenue SE, making it exceptionally suitable for a variety of developments including apartment buildings, senior housing, homeless shelters, and more due to its "Urban Residential" zoning(UR), which could permit up to 5 story 42 ft height with 85% lot coverage, a 10 ft front setback, 5 ft rear set back, no side setbacks can provide 11,000 SF lot coverage X 4 story building (44,000 SF for 45-60 unit apartment or senior housing or 70 homeless housing units ). No parking required for residential apartment,senior housing or home less shelter . previously used as a parking lot for an office building.
Location & commute
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Jeff's Neighborhood Guide
Get to know the Olympia North area
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Property details
Listing details
- Listing number
- #2325187
- Listed
- January 23, 2025
- Days on market
- 627
- Original list price
- $599,950
Unit & building
- Building
- Swan's addition
Views
- View
- Territorial
Construction
- Style
- 42 - Multi-Family
- Structure
- None
Lot
- Lot features
- Paved
- Lot size
- 13,352 sq ft
Terms
- Terms offered
- Cash Out
Utilities
- Utilities
- Electricity AvailableNatural Gas Available
- Water
- Available
- Sewer
- AvailableIn Street
Schools
- District
- Olympia
- Elementary
- Lincoln Elementary
- High
- Olympia High
What stands out to you?
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- Territorial
- None
- Paved
- Cash Out
- Electricity Available
- Natural Gas Available
- Available
- In Street
Listing history
Listed
$599,950
January 23, 2025
Current price
$500,000
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$2,911
- Principal & interest
- $2,528
- Property tax (est.)
- $383
Assumes $100,000 down (20%), a $400,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of October 13, 2026 at 10:15 AM PDT. 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.