9115 Old Highway 99 SE, Olympia, WA 98501 (MLS # 2159407)
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Listing provided courtesy of Northwest MLS; Windermere Prof Partners
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6.63 Acres of Development Land w/ MFM Zoning which permits all configurations of multi-family, townhouses, rowhouses, manufactured home parks, senior housing, cottage housing, & more. Density of 9-15 units/acre, but possible to increase to 20 units/acre by incorporating permanently affordable housing units. Max height of 40 ft. Level topo & no wetlands. Mostly treed w/ some clear areas. Water & Sewer are about 1300 ft away along Hwy 99 with plans in place to run the lines past property to near intersection. At max density, this property could produce 99 units at $19.9K/unit. By incorporating the max affordable housing units, it could yield 133 units at $14.8K/unit. Priced at $6.84/SF. Located w/in the UGA of Tumwater.
| LAST UPDATED | 11/5/2024 | TRACT | Olympia |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | Olympia |
| COUNTY | Thurston | STATUS | Active |
| PROPERTY TYPE(S) | Lot/Land/Acreage |
| Elementary School | East Olympia Elem |
|---|---|
| Jr. High School | George Wash Bush Mid |
| High School | Tumwater High |
| ADDITIONAL DETAILS | |
| AREA | 443 - Tumwater |
|---|---|
| HEAT | None |
| LOT | 6.63 acre(s) |
| LOT DESCRIPTION | Paved |
| MLS STATUS | Active |
| SEWER | Septic Tank |
| STYLE | 41 - Res-Over 1 Acre |
| SUBDIVISION | Olympia |
| TAXES | 2157 |
| UTILITIES | Electricity Connected, Natural Gas Available, Sewer Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Territorial |
| WATER | Private, Well |
| ZONING | MFM |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/6/25 1:44 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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