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JRJeff ReynoldsCompass · Seattle

Listed by Ed Warnock, Group 7 Inc., Real Estate Serv

Land
Type
127,021 sq ft
Lot
339
Days on market

About this property

Great multifamily zoned property in the city of Tumwater! 3 Acres. Minutes to I-5 and walking distance to a large and an ever expanding retail center. Quality and sought after area. Zoned Multifamily High Density Residential (MFH) which allows 14 to 29 units per acre. Quality apartment complexes neighboring to the south and a few blocks to the north so the subject property is in a gap and is next in line to be developed. City water and power are on the property and sewer is in the street. There are income producing manufactured homes, RV slips & a shop on the property that will provide cash flow while developing the property. It is hard to find properties w/ this potential along the I-5 corridor that are only minutes from the freeway.

Location & commute

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Directions

Property details

Listing details

Listing number
#2418512
Listed
August 8, 2025
Days on market
339

Construction

Style
41 - Res-Over 1 Acre
Structure
None

Lot

Lot features
Open SpacePaved
Lot size
127,021 sq ft

Terms

Terms offered
Cash

Utilities

Utilities
Electricity ConnectedNatural Gas Available
Water
AvailableIn StreetOn Property
Sewer
In Street

Schools

District
Tumwater
Elementary
Michael T Simmons El
Middle
Tumwater Mid
High
A G West Black Hills

What stands out to you?

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  • None
  • Open Space
  • Paved
  • Cash
  • Electricity Connected
  • Natural Gas Available
  • Available
  • In Street
  • On Property

Listing history

  1. Listed

    $825,000

    August 8, 2025

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

$4,805

Principal & interest
$4,172
Property tax (est.)
$633

Assumes $165,000 down (20%), a $660,000 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.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 14, 2026 at 12:15 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.