423 Franz Anderson Road Se, Olympia, 98501
MLS® #: 2233034
Active, 638 Days on Market
Listing Office: Keller Williams South Sound
Last Update: 2026-01-23
0
Garages
638
Dom
1.02
Acres
An exceptional opportunity presents itself with this multi-family development prospect in Olympia, WA. Situated off of Martin Way, a bustling thoroughfare, between three recently established and fully occupied multifamily developments, this parcel is primed for similar success. Preliminary conceptual plans indicate the potential for up to 60 units. Its advantageous proximity to St. Peter's Hospital underscores its strategic location. Centrally positioned between Olympia and Lacey, tenants will enjoy convenient access to a variety of amenities including retail, dining, and Interstate-5, facilitating a seamless commute to Joint Base Lewis McChord (JBLM) for military personnel, as well as civilian, and state employees.
Price & Status History
| Date | Details | Change |
|---|---|---|
| Date: | Details: Price Reduced from $1,300,000 to $1,200,000 |
Features of 423 Franz Anderson Road Se
| MLS® # | 2233034 |
|---|---|
| Price | $1,200,000 |
| Bathrooms | 0.00 |
| Acres | 1.02 |
| Type | Land |
| Sub-Type | Land |
| Status | Active |
Community Information
| Address | 423 Franz Anderson Road Se |
|---|---|
| Area | 447 - Olympia North |
| Subdivision | Olympia |
| City | Olympia |
| County | Thurston |
| State | WA |
| Zip Code | 98501 |
Amenities
| View | Territorial |
|---|---|
| Is Waterfront | No |
Interior
| Fireplace | No |
|---|
School Information
| District | North Thurston |
|---|
Additional Information
| Days on Market | 638 |
|---|---|
| Cumulative Days on Market | 638 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Property Taxes | $5,518 |
Listing Details
| Office | Keller Williams South Sound |
|---|
Listing Map
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