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Olympia, WA, 98506 • 98506 • Thurston County
$249/sqft
2Beds
1Baths
1,588Sqft
1.9 acLot
1947Built
Territorial Views
Territorial
Character Home
Built 1947 · 79 years of history
South Bay
98506
Outdoor Living
Double Pane/Storm Window · Security System · Water Heater
6-Car Garage
Detached Garage · RV Parking
Hardwood & Softwood Floors
Quality flooring throughout
This home is getting attention
Listed 193 days ago · 4 views
Demand and pricing signals for this listing
4 views
People checking out this listing
193 days on market
Established listing
$249/sqft
Price per square foot
This home ranks in the top 47% of listings most likely to go under contract soon, based on market activity and demand signals.
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Single Family · Built 1947
Investor alert! Location, location, location! 2 separate parcels totaling just shy of 2 acres, zoned R-4, which allows for a max density of 4 dwelling units per acre. So much potential in this 2 bed plus 2 detached finished spaces & 1 bath 1,588 sq ft home on 1.9 acre corner lot just off of South Bay Rd. Detached 2 car garage & detached shop (38’X31’). Perfect location close to medical services, shopping & freeway. Fix up the 2-bedroom home for rental income, and build your dream home on this large lot. Zoning allows for one structure per lot but up to 4 dwelling units, so there are possibilities for townhomes or a fourplex—buyer to verify all development options to their satisfaction. Property does need some repair & is being sold as-is.
Standout features identified
Our analysis highlights large lot and corner lot as key attractions of this home.
Based on current rates
Est. 6.18% rate · 30yr fixed · $316,000 loan
Full calculator →Key facts and listing details
12 categories of property features
7 rooms detailed
Master Bedroom
MainBedroom
MainBathroom Full
MainDining Room
MainEntry Hall
MainKitchen Without Eating Space
MainMarket data and value estimates
3 schools rated nearby
Olympia, WA, 98506
6 events
23 years of records
Local context around this listing
Olympia, WA • Thurston County
Nearby neighborhoods
Nearby cities
Nearby zip codes
Based on information submitted to the MLS GRID as of 2026-04-07 11:43:42 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. [Click here for more information](/mls-disclaimers/#39)
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