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JRJeff ReynoldsCompass · Seattle

5544 Old Hwy 410 SW #5542, Olympia, WA 98512-9495

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Active

Listed by Darren Monson, John L. Scott, Inc.

Active0 days on market

$600,000

$303 per sq ft

5544 Old Hwy 410 SW #5542, Olympia, WA 98512-9495

Olympia, WA, 98512

Beds
2
Baths
2
Sq ft
1,982
Unit
5542
Built
1935
Parking
Driveway, Detached Garage
Ask Jeff

Tour this home

Jeff Reynolds · Managing Broker, Compass

Start with a focused 15-minute call, then tour with a clear due-diligence plan.

2
Bedrooms
2
Bathrooms
1,982
Square feet
$303
Per sq ft
Single Family Residence
Type
1935
Year built
296,208 sq ft
Lot
0
Days on market

About this property

Sold AS-IS! Investor special with exceptional land development potential on 6.8 acres zoned Commercial. Rare opportunity for investors, builders, or developers to unlock the value of this unique property. Existing fixer is ready for a complete renovation or replacement, offering the flexibility to redevelop to fit your vision. Property features 2 septic systems, 2 water systems, and a 2-stall garage, providing added value for future improvements. Peaceful country setting with convenient access to shopping, dining, downtown Olympia, and approximately 23 minutes to JBLM. No interior showings until mutual acceptance. Endless possibilities await on this prime acreage.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2557168
Listed
July 22, 2026
Days on market
0
Price per sq ft
$303

Unit & building

Unit
5542
Unit levels
One

Parking

Parking
DrivewayDetached Garage
Covered spaces
2
Total spaces
6

Views

View
Territorial

Construction

Year built
1935
Style
10 - 1 Story
Structure
House
Roof
Composition

Heating & cooling

Heating
Baseboard
Cooling
None
Energy source
Electric

Interior features

Features
Fireplace
Fireplaces
1
Fireplace type
Wood Burning

Flooring

Flooring
HardwoodVinyl

Appliances

Appliances
RefrigeratorStove(s)/Range(s)

Lot

Lot features
Open SpacePavedValue In Land
Lot size
296,208 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
City of Olympia
Sewer
Septic
Power
PSE

Schools

District
Olympia
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

Listing history

  1. Listed

    $600,000

    July 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

$3,494

Principal & interest
$3,034
Property tax (est.)
$460

Assumes $120,000 down (20%), a $480,000 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 22, 2026 at 10:01 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.