5 Boulevard Road Se #10, Olympia, WA 98501

Olympia
Local realty services provided by:Better Homes and Gardens Real Estate Pacific Commons
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
  • Active

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:September 25, 2026 at 11:43 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)
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