Location! Location! Location! Zoned MFH Multifamily High Density. Most conveniently Located only minutes to Fred Meyer, Costco, Walmart, Tumwater Center, and all amenities! MFH zoning allows Condos, Townhomes, Senior Housing, or Apartments. 3 Parcels and 3 mobile homes included. It could be developed up to 60+ units. Currently owner collects total $5,120/mo rents from four different tenants on the property. All month to month agreement. Great income revenue while developing the lots. All utilities on property or in street. Currently on septic but sewer line available 300ft to N. Adjacent to newly developed condominium and townhome communities. Buyer to verify all information w/ City of Tumwater. Developers Look No Further! SOLD AS IS!
Property Details
Property Features
Listing Office:
Office Name: Skyline Properties, Inc.
Office Phone: (253) 604-6000
Listing Agent: Terri Han
Lot Features
Lot Information:
Lot Size: 3.00 Acres
Other
Directions Information:
Directions: I-5 Exit #102, Eastbound on Trosper Rd (aka 54th), Southbound on Rual, property on Right.
Price Information
Listing Price Info
Price Summary:
List Price: $980,000
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Housing Market Comparison
See how this home compares to others in Tumwater, WA.
This property is $472K more than the Median Sold Price in Tumwater, WA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: NWMLS
MLS Number: #2282742
Listing Office:
Office Name: Skyline Properties, Inc.
Office Phone: (253) 604-6000
Listing Agent: Terri Han
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
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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: 12/18/2024, 9:17:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Michael T. Simmons Elementary School
1205 2nd Ave SW
Distance between this listing and this school0.72 miles
Public District Grades KG-5
4
/10
Tumwater Hill Elementary School
3120 Ridgeview Ct SW
Distance between this listing and this school0.95 miles
Public District Grades KG-5
4
/10
Peter G. Schmidt Elementary School
237 Dennis St SE
Distance between this listing and this school1.40 miles
Public District Grades KG-5
Nearby Schools
7
/10
Tumwater Middle School
6335 Littlerock Rd SW
Distance between this listing and this school0.72 miles
Public District Grades 6-8
5
/10
Washington Connections Academy
111 Tumwater Blvd SE Ste B203
Distance between this listing and this school1.68 miles
Public District Grades KG-8
7
/10
George Bush Middle School
2120 83rd Ave SW
Distance between this listing and this school2.35 miles
Public District Grades 6-8
Nearby Schools
7
/10
Tumwater High School
700 Israel Rd SW
Distance between this listing and this school1.22 miles
Public District Grades 9-12
5
/10
New Market High School
7299 New Market St SW
Distance between this listing and this school1.47 miles
Public District Grades 10-12
3
/10
Cascadia High School
7741 Littlerock Rd SW
Distance between this listing and this school1.96 miles
The neighbors living near this home have an average income of $38,986. Typical income of Tumwater, WA residents is less than $35k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5040 Rural Rd SW
What is the listing price of this property?
The listing price of 5040 Rural Rd SW property is $980,000.
What type of property is this?
The property 5040 Rural Rd SW is land located in Tumwater, Washington, 98512.
Is this property for sale now?
Active Listing: 5040 Rural Rd SW is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 5040 Rural Rd SW in Tumwater, WA and zip code 98512 in the Alderbrook Estates neighborhood. This home sits on a 3.00 acre lot. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $980,000.
Over 7 listings were sold over their listed price in November 2024 in Tumwater, WA. In the same period over 6 listings were sold below the listed price and 10 listings were sold for the listed price. The number of homes for sale in Tumwater, WA decreased by 9.8% between October 2024 and November 2024. Listings spent 38 days on the market in November 2024, and had a median list price of $508,000 during the same period.
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. 
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