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JRJeff ReynoldsCompass · Seattle

Listed by Matthew Romero, Windermere Prof Partners

Land
Type
16,801 sq ft
Lot
21
Days on market

About this property

Rare infill multifamily development opportunity in the heart of Olympia. This UR-zoned 16,801 SF parcel, formerly known as the Trestle Union Apartments project, was previously planned for a 9-unit multifamily development. Prior approvals have expired; however, extensive prior development documents are available for review, including civil/site plans, architectural plans, structural plans, and other supporting project materials. Conveniently located near downtown Olympia, the Capitol Campus, transit, shopping, dining, and major employment centers. Flood Zone X. Excellent opportunity for developers, builders, and investors seeking a well-located urban residential site with substantial prior planning completed. Buyer to verify all information and development potential to their own satisfaction.

Location & commute

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Directions

Property details

Listing details

Listing number
#2543814
Listed
June 22, 2026
Days on market
21

Construction

Style
42 - Multi-Family
Structure
None

Lot

Lot features
Dead End StreetPaved
Lot size
16,801 sq ft

Terms

Terms offered
CashConventional

Utilities

Utilities
Electricity AvailableNatural Gas Available
Water
In Street
Sewer
In Street

Schools

District
Olympia

What stands out to you?

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  • None
  • Dead End Street
  • Paved
  • Cash
  • Conventional
  • Electricity Available
  • Natural Gas Available
  • In Street

Listing history

  1. Listed

    $429,000

    June 22, 2026

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

$2,498

Principal & interest
$2,169
Property tax (est.)
$329

Assumes $85,800 down (20%), a $343,200 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 13, 2026 at 11:01 PM 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.