1604 Fones Road SE in Olympia
| Listing ID: | 2553249 (Residential Home) |
|---|---|
| Listing Price: | $325,000 |
| Days on Market: | 56 |
Details | |
| Bed / Bath: | 2.00 / 1.00 |
| Square Feet: | 1,056 |
| Lot Size: | 0.49 acres (21,454 sqft) |
DEVELOPMENT & INVESTMENT OPPORTUNITY! Unlock the potential of this strategically positioned property in a rapidly evolving corridor with strong future multifamily development potential. Situated on a valuable parcel, the property offers investors the opportunity to acquire and hold today while creating additional value through future redevelopment. The existing 2-bedroom, 1-bath home provides flexibility for interim rental income or personal use while exploring development plans, entitlements, or redevelopment opportunities. This unique combination of current income potential and long-term land value makes the property an attractive option for investors seeking multiple exit strategies. Ideal for investors, builders, and developers looking to capitalize on an area experiencing ongoing infrastructure improvements and growth. Generate potential income today, hold for appreciation, and position yourself for future multifamily development. A compelling opportunity to invest in the pr
This listing is provided courtesy of NWMLS, contributed by eXp Realty.
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Home
| Style: | 10 - 1 Story |
|---|---|
| Bedrooms: | 2.00 |
| Bathrooms: | 1.00 |
| Year Built: | 1984 |
| Square Footage: | 1,056 |
| Lot Square Footage: | 0.49 acres |
Schools
| Elementary School: | Mountain View Elementary |
|---|---|
| Junior High: | Chinook Mid |
| Senior High: | North Thurston High |
Financials
| Tax Year: | 2026 |
|---|---|
| Parcel Number: | 11819142200 |
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