9 months on rocket

2123 9th Ave SW, Olympia, WA, 98502

$1,250,000

2.33 Acres
Land

Location

Image provided by Mapbox

Property Highlights

MLS #2198596
Lot Size2.33 Acres
StatusActive

About 2123 9th Ave SW

Attention Developers! This is one of the last remaining large multifamily development pieces in the city of Olympia. 2.33+/- acres zoned RM-24, with the potential for increased density beyond that. This property sits on the corner of 9th and Fern in the desirable Westside neighborhood next to countless amenities, and between the Capital Mall and Downtown Olympia. With housing demand rapidly increasing this is a prime opportunity to construct a beautiful multifamily development. Call today with questions because once this property is gone, there wont be another like it. Lot also features 1408+/- sqft home that needs some work, but could bring in rental income while you work on getting development permits.

Property Details

Property Features

Listing Office:

  • Office Name: Olympic Sothebys Intl Realty
  • Office Phone: (360) 528-4160
  • Listing Agent: John Stormans

Lot Features

Lot Information:

  • Lot: Corner Lot, Curbs, Paved, Sidewalk
  • Lot Size: 2.33 Acres

Other

Directions Information:

  • Directions: Going north on Black Lake Blvd, take a right on 9th to property on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
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Housing Market Comparison

See how this home compares to others in Olympia, WA.

Med. Sold Price

$552.9K

Med. Price/SqFt

$294

Avg. Days On Market

40

# of Sold Homes

157

2123 9th Ave SW vs Olympia

286 DAYS ON ROCKET

+246 Days

$1,250,000

+$697K More

KEY TAKEAWAY

This property is $697K more than the Median Sold Price in Olympia, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2198596

Listing Office:

  • Office Name: Olympic Sothebys Intl Realty
  • Office Phone: (360) 528-4160
  • Listing Agent: John Stormans

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.

IDXThe data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 5:17:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 16, 2002Home Sold
$215,000
Jul 16, 2002Home Sold
$215,000
Sep 30, 1998Home Sold
$75,000

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-381265
4
/10
  • Garfield Elementary School

  • 325 Plymouth St NW

  • 0.72 miles

  • Public District Grades PK-5

school-card-donut-381266
6
/10
  • Lincoln Elementary School

  • 213 21st Ave SE

  • 1.51 miles

  • Public District Grades KG-5

school-card-donut-381267
4
/10
  • Tumwater Hill Elementary School

  • 3120 Ridgeview Ct SW

  • 1.63 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,096. Residents of Olympia, WA typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2123 9th Ave SW

What is the listing price of this property?

The listing price of 2123 9th Ave SW property is $1,250,000.

What type of property is this?

The property 2123 9th Ave SW is land located in Olympia, Washington, 98502.

Is this property for sale now?

Active Listing: 2123 9th Ave SW is For Sale (Active/New) which means the seller is accepting offers.

When was this property sold last time and for how much?

The last sale was on July 16, 2002 for $215,000. (source: MLS/tax record).

How much acreage is this property?

The property 2123 9th Ave SW is 2.33 acres.
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Rocket HomesWashingtonThurston CountyOlympia985022123 9th Ave SW

This home is located at 2123 9th Ave SW in Olympia, WA and zip code 98502 in the South Westside neighborhood. This home sits on a 2.33 acre lot. It has been listed on Rocket Homes since February 09, 2024 and is currently priced at $1,250,000.

In October 2024, from all listings sold in Olympia, WA there were more than 42 sold above asking price, over 73 sold below and more than 42 were sold right at the asked price. The number of listings in Olympia, WA increased by 7.2% between September 2024 and October 2024. In October 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $552,996.

From Rocket Homes Real Estate and based on county public records data.

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