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
Listing Agent: John Stormans
Lot Features
Lot Information:
Lot: Corner Lot, Curbs, Paved, Sidewalk
Lot Size: 2.33 Acres
School Info
Assigned Schools Information:
Capital High School, Public District Grades 9-12
Thurgood Marshall Middle School, Public District Grades 6-8
Julia Butler Hansen Elementary School, Public District Grades KG-5
Olympia Regional Learning Academy B, Public District Grades KG-5
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
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Olympia, WA.
This property is $698.7K 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
Listing Agent: John Stormans
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.
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: 10/30/2024, 9:17:48 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
DATE
EVENT
PRICE
Jul 16, 2002
Jul 16, 2002Home Sold
$215,000
Jul 16, 2002
Jul 16, 2002Home Sold
$215,000
Sep 30, 1998
Sep 30, 1998Home Sold
$75,000
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,306
Per Month
Principal & Interest
$6,239
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,814
Powered By
Advertisement
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.
Elementary School
5
/10
Julia Butler Hansen Elementary School
1919 Rd Sixty Five Nw
Distance between this listing and this school1.99 miles
Public District Grades KG-5
8
/10
Olympia Regional Learning Academy B
2001 26th Ave NW
Distance between this listing and this school2.14 miles
Public District Grades KG-5
Middle School
7
/10
Thurgood Marshall Middle School
3939 20th Ave NW
Distance between this listing and this school1.86 miles
Public District Grades 6-8
High School
8
/10
Capital High School
2707 Conger Ave NW
Distance between this listing and this school0.85 miles
Public District Grades 9-12
Assigned Schools
5
/10
Julia Butler Hansen Elementary School
1919 Rd Sixty Five Nw
Distance between this listing and this school1.99 miles
Public District Grades KG-5
8
/10
Olympia Regional Learning Academy B
2001 26th Ave NW
Distance between this listing and this school2.14 miles
Public District Grades KG-5
Nearby Schools
3
/10
Garfield Elementary School
325 Plymouth St NW
Distance between this listing and this school0.72 miles
Public District Grades KG-5
Assigned Schools
7
/10
Thurgood Marshall Middle School
3939 20th Ave NW
Distance between this listing and this school1.86 miles
Public District Grades 6-8
Nearby Schools
9
/10
Jefferson Middle School
2200 Conger Ave NW
Distance between this listing and this school0.92 miles
Public District Grades 6-8
8
/10
Reeves Middle School
2200 Quince St NE
Distance between this listing and this school2.45 miles
Public District Grades 6-8
Assigned Schools
8
/10
Capital High School
2707 Conger Ave NW
Distance between this listing and this school0.85 miles
Public District Grades 9-12
Nearby Schools
8
/10
Avanti High School
1113 Legion Way SE
Distance between this listing and this school1.93 miles
Public District Grades 9-12
10
/10
Olympia High School
1302 North St SE
Distance between this listing and this school2.51 miles
The neighbors living near this home have an average income of $42,096. Typical income of Olympia, WA residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
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.
What are the assigned schools for this property?
The assigned schools for 2123 9th Ave SW are: Julia Butler Hansen Elementary School: GreatSchools Rating 5/10Olympia Regional Learning Academy B: GreatSchools Rating 8/10Thurgood Marshall Middle School: GreatSchools Rating 7/10Capital High School: GreatSchools Rating 8/10
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).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
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 September 2024, from all listings sold in Olympia, WA there were more than 39 sold above asking price, over 57 sold below and more than 50 were sold right at the asked price. The number of listings in Olympia, WA decreased by 5.5% between August 2024 and September 2024. The median list price of listings available in September 2024 was $551,257, while the average time on the real estate market was 32 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The 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. 
Pro Boxing
Pro Boxing
Pro Wrestling
NBA/WNBA
Burlington
Express/Express For Men
Forever 21
Popeyes
Cicis Pizza
Starbucks
Dodge
Pontiac
Mazda
Urban Contemporary
Rhythmic Contemporary Hits
Jazz