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5 Boulevard Road Se #10, Olympia, WA 98501

Olympia
Local realty services provided by:CENTURY 21 Real Estate Center
Listed by: julia galleher
Office: keller williams realty ps
MLS#:2562734
Source:NWMLS
5 Boulevard Road Se #10,Olympia, WA 98501
$99,950
  • 0.13 Acres
  • Lots / Land
  • Pending Inspection

Price summary

  • Price:$99,950

About this home

Outstanding opportunity in a highly desirable Olympia location! Lot zoned for 4–8 units per acre, 53' X 110' and commercial zoning is across the street. Ideal for multifamily units (buyer to verify). All utilities are in the street. The adjacent lot with two houses that are currently rented is also for sale, offering immediate returns with future upside. 523 is 769 sq. ft., built in 1962, and has been updated with a newer roof, flooring, and siding, and rented for $1,670.00 a month, while the front home, 521, is 839 sq. ft., built in 1965 and needs some TLC (currently rented for a VERY low $787.50, month to month). Both are 2 bedrooms, 1 bath + carport. Purchase both lots for even a bigger footprint. With alley access available (buyer to verify). A rare combination of location, income, and development potential! Do not disturb the tenants in the houses. What a great investment!

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Home facts

  • Subdivision & Development:Olympia
  • Listing ID #:2562734
  • Updated:October 14, 2026 at 08:26 AM

Structure and exterior

  • Lot area:0.13 Acres
  • Lot Features:Paved

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Water:Available, On Property
  • Sewer:Available, On Property

Finances and disclosures

  • Price:$99,950
  • Tax amount:$1,824 (2026)
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of October 14, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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