423 Franz Anderson Road SE

Olympia, WA 98501

  • Bed

  • Bath

  • 0 SqFt

  • 371 DOM

  • Built:

  • Status: Active

$1,200,000

X

423 Franz Anderson Road SE

Olympia 98501

$1200000

  • Bed

  • Bath

  • 0 SqFt

  • 371 DOM

  • Built:

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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.

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Residence Information

  • 0

  • 42 - Multi-Family

Features and Utilities

  • Available

  • Available

Financial

  • 5518

  • Cash Out, Conventional, Owner Financing

  • 04-25-2024

Comparable Information

  • 371

  • 371

  • Cash Out, Conventional, Owner Financing

  • $1,300,000

  • $1,300,000

  • May 01, 2025 17:07

Schools

Map

Listing courtesy of Keller Williams South Sound.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Jul 15, 2025 02:58 | Listing last modified May 01, 2025 17:07. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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