Investor alert! Location, location, location! 2 separate parcels totaling just shy of 2 acres, zoned R-4, which allows for a max density of 4 dwelling units per acre. So much potential in this 2 bed plus 2 detached finished spaces & 1 bath 1,588 sq ft home on 1.9 acre corner lot just off of South Bay Rd. Detached 2 car garage & detached shop (38’X31’). Perfect location close to medical services, shopping & freeway. Fix up the 2-bedroom home for rental income, and build your dream home on this large lot. Zoning allows for one structure per lot but up to 4 dwelling units, so there are possibilities for townhomes or a fourplex—buyer to verify all development options to their satisfaction. Property does need some repair & is being sold as-is.
Active
Listed by:
Rachel Platt,
Keller Williams South Sound,
Cyrus Platt,
Keller Williams South Sound
Price cut: $55K (8/9)
$410,000
2829 26th Avenue NE, Olympia, WA 98506
2beds
1,588sqft
Est.:
Single Family Residence
Built in 1947
1.92 Acres Lot
$461,600 Zestimate®
$258/sqft
$-- HOA
What's special
Large lotCorner lot
- 66 days
- on Zillow |
- 358 |
- 26 |
Zillow last checked: 7 hours ago
Listing updated: August 09, 2025 at 10:27am
Offers reviewed: Aug 18
Listed by:
Rachel Platt,
Keller Williams South Sound,
Cyrus Platt,
Keller Williams South Sound
Source: NWMLS,MLS#: 2388269
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen without eating space
- Level: Main
Utility room
- Level: Main
Heating
- Baseboard, Stove/Free Standing, Electric, Pellet, Propane
Cooling
- None
Appliances
- Included: Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Water Heater: Electric
Features
- Flooring: Hardwood, Softwood
- Windows: Double Pane/Storm Window
- Basement: None
- Has fireplace: No
- Fireplace features: Pellet Stove
Interior area
- Total structure area: 1,588
- Total interior livable area: 1,588 sqft
Property
Parking
- Total spaces: 6
- Parking features: Detached Garage, RV Parking
- Garage spaces: 6
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Double Pane/Storm Window, Security System, Water Heater
- Has view: Yes
- View description: Territorial
Lot
- Size: 1.92 Acres
- Features: Paved, Barn, Fenced-Partially, Propane, RV Parking, Shop
- Topography: Level,Partial Slope
- Residential vegetation: Garden Space
Details
- Parcel number: 11807210400
- Zoning: R-4-8
- Zoning description: Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Block
- Roof: Composition
Condition
- Fixer
- Year built: 1947
- Major remodel year: 1947
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Septic Tank, Company: Septic
- Water: Individual Well, Company: Well
Community & HOA
Community
- Security: Security System
- Subdivision: South Bay
Location
- Region: Olympia
Financial & listing details
- Price per square foot: $258/sqft
- Tax assessed value: $416,300
- Annual tax amount: $5,302
- Offers reviewed: 08/18/2025
- Date on market: 7/31/2025
- Listing terms: Cash Out,Rehab Loan
- Inclusions: Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Cumulative days on market: 11 days
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