Listed by Matthew Romero, Windermere Prof Partners
- Land
- Type
- 16,801 sq ft
- Lot
- 111
- Days on market
About this property
Rare infill multifamily development opportunity near downtown Olympia and the Capitol Campus. This vacant, UR-zoned 16,801 SF parcel offers developers a clean slate without the added complexity of renovating or removing an existing structure. Formerly planned as the 9-unit Trestle Union Apartments project, the property includes extensive prior development materials available for review, including civil/site, architectural, structural and supporting project documents. Prior approvals have expired. Convenient access to transit, shopping, dining and major employment centers. Flood Zone X. A compelling opportunity for builders and investors seeking a well-located urban residential site with substantial preliminary planning already completed. Buyer to verify all information and development potential to their satisfaction.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Jeff's Neighborhood Guide
Get to know the Olympia North area
Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.
Property details
Listing details
- Listing number
- #2543814
- Listed
- June 22, 2026
- Days on market
- 111
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
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.
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Based on information submitted to the MLS GRID as of October 12, 2026 at 8:00 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.