Great multifamily zoned property in the city of Tumwater! 3 Acres. Minutes to I-5 and walking distance to a large and an ever expanding retail center. Quality and sought after area. Zoned Multifamily High Density Residential (MFH) which allows 14 to 29 units per acre. Quality apartment complexes neighboring to the south and a few blocks to the north so the subject property is in a gap and is next in line to be developed. City water and power are on the property and sewer is in the street. There are income producing manufactured homes, RV slips & a shop on the property that will provide cash flow while developing the property. It is hard to find properties w/ this potential along the I-5 corridor that are only minutes from the freeway.
Listing Provided Courtesy of Ed Warnock, Group 7 Inc., Real Estate Serv
General Information
NWM2418512
Land
14
DOM
2.92 acres
0
Multi-F
Thurston
Michael T Simmo
Tumwater Mid
A G West Black
Land
Land
Listing Provided Courtesy of Ed Warnock, Group 7 Inc., Real Estate Serv
Krishna Realty data last checked: Aug 31, 2025 19:46 | Listing last modified Aug 22, 2025 18:34,
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Residence Information
0
41 - Res-Over 1 Acre
Features and Utilities
Available, In Street, On Prope
In Street
Financial
5353.68
Cash Out
08-08-2025
Comparable Information
14
14
Cash Out
$825,000
$825,000
Aug 22, 2025 18:34
Schools
Elementary : Michael T SimmoN/ARatings Middle : Tumwater Mid N/ARatings High : A G West Black N/ARatings
Map
Listing courtesy of Group 7 Inc., Real Estate Serv.
Great multifamily zoned property in the city of Tumwater! 3 Acres. Minutes to I-5 and walking distance to a large and an ever expanding retail center. Quality and sought after area. Zoned Multifamily High Density Residential (MFH) which allows 14 to 29 units per acre. Quality apartment complexes neighboring to the south and a few blocks to the north so the subject property is in a gap and is next in line to be developed. City water and power are on the property and sewer is in the street. There are income producing manufactured homes, RV slips & a shop on the property that will provide cash flow while developing the property. It is hard to find properties w/ this potential along the I-5 corridor that are only minutes from the freeway.