503 Centre Street N, Rainier, WA 98576 (MLS # 2532939)

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Listing provided courtesy of Northwest MLS; NextHome Northwest Group

PRICE $449,500 dsIDX morgage calculator
BEDS 3
BATHS 1.75
HOME SIZE 1,396 sqft
LOT SIZE 2.91 ac
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Development opportunity in the heart of Rainier! This 2.91-acre property offers rare in-city acreage with excellent potential for future use or development. Depending on buyer plans and city approval, possibilities may include single-family, duplex, townhome, multifamily, group living, daycare, or other permitted uses. Existing cabin is of little value; the value is in the land. City water and power are already on the property. Enjoy a peaceful setting near schools, parks, and the Yelm-Tenino Trail. Seasonal purple camas flowers and yellow buttercups add beautiful natural color across the property. Conveniently located with access to Rainier amenities and a short drive to Olympia, Yelm, Tenino, and JBLM. Buyer to verify all development potential and permitted uses to their satisfaction.

LAST UPDATED 6/1/2026 TRACT Rainier
YEAR BUILT 1961 COMMUNITY Rainier
COUNTY Thurston STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Rainier Primary Sch
Jr. High School Rainier Mid
High School Rainier Snr High


ADDITIONAL DETAILS
AIR Ceiling Fan(s), None
APPLIANCES Dishwasher, Double Oven, Electric Water Heater, Microwave, Refrigerator, Water Heater
AREA 453 - Yelm/Rainier
BASEMENT Unfinished, Yes
CONSTRUCTION Wood Siding
EXTERIOR Garden
FIREPLACE Yes
HEAT Electric, Forced Air, Wood
INTERIOR Bath Off Primary, Ceiling Fan(s), Fireplace, Pantry, Walk-In Closet(s), Water Heater
LOT 2.91 acre(s)
LOT DESCRIPTION Adjacent to Public Land, Open Space, Paved, Secluded, Sidewalk, Value In Land
MLS STATUS Active
PARKING Driveway, Off Street, RV Access/Parking
SEWER Septic Tank
STORIES 1
STYLE 10 - 1 Story
SUBDIVISION Rainier
TAXES 1507
UTILITIES Cable Available
VIEW Yes
VIEW DESCRIPTION Mountain(s), Territorial
WATER Public
MORTGAGE CALCULATOR
   

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Properties with the Logo 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 6/2/26 4:21 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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