#2324475, Hyun Rim, Listing Office: Keller Williams South Sound
#2233034·
Listing Office: Keller Williams South Sound·
Listing Agent: Jason Munoz·
Listing Office Phone: 360-786-6900
423 Franz Anderson Rd SE Olympia, WA 98501
$1,200,000 List price
1.0 acres
Land
Property details
About 423 Franz Anderson Rd SE
An exceptional opportunity presents itself with this multi-family development prospect in Olympia, WA. Situated off of Martin Way, a bustling thoroughfare, between three recently established and fully occupied multifamily developments, this parcel is primed for similar success. Preliminary conceptual plans indicate the potential for up to 60 units. Its advantageous proximity to St. Peters Hospital underscores its strategic location. Centrally positioned between Olympia and Lacey, tenants will enjoy convenient access to a variety of amenities including retail, dining, and Interstate-5, facilitating a seamless commute to Joint Base Lewis McChord (JBLM) for military personnel, as well as civilian, and state employees.
Highlights
StatusActive
Lot size1.02 Acres
MLS #2233034
ViewTerritorial
Summary
- MLS Number: 2233034
- MLS Name: NWMLS
- Office Name: Keller Williams South Sound
- Office Phone: (360) 786-6900
- Listing Agent: Jason Munoz
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. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service 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 © 2025 Northwest MLS. All rights reserved.
DMCA Notice
Disclaimer: 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. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 1:17:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,200,000
423 Franz Anderson Rd SE
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 12, 2016 | Home Sold | $249,719 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $548,100 | $5,446 |
| 2021 | $453,000 | $5,508 |
| 2020 | $373,000 | $4,855 |
History based on county public records data.
Nearby schools
5
Pleasant Glade Elementary School
Public District PK-5
1.6 mi
•1920 Abernethy Rd NE
5
Mountain View Elementary School
Public District PK-5
1.7 mi
•1900 College St SE
4
Madison Elementary School
Public District PK-5
1.8 mi
•1225 Legion Way SE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,224. The most common annual income of people living in Olympia, WA is less than $<35k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
55%
<35k
32%
35k-100k
8%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
59%
Single, No Kids
18%
Single, with Kids
15%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
6%
12-17 yrs old
33%
18-34 yrs old
42%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Soccer
Pro Boxing
NBA/WNBA
Where do the neighbors shop?
Forever 21
Burlington
Express/Express For Men
Where do the neighbors go to eat?
Dominos Pizza
Popeyes
Starbucks
What do the neighbors drive?
Mazda
Dodge
Pontiac
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Contemporary
Jazz
All data provided by Home Junction and Claritas
Similar homes for sale
#2312420, Will Champagne, Listing Office: Castle Realty Inc
#2243818, Jason Munoz, Listing Office: Keller Williams South Sound
Frequently asked questions
About 423 Franz Anderson Rd SE
This home is located at 423 Franz Anderson Rd SE in Olympia, WA and zip code 98501 in the College City Berry Tracts neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 4, 2024 and is currently priced at $1,200,000.
Over 19 listings were sold over their listed price in January 2025 in Olympia, WA. In the same period over 40 listings were sold below the listed price and 33 listings were sold for the listed price. Between December and January 2025, Olympia, WA real estate market has seen increase in the number of listings by 1.6%. In January 2025 median list price was $553,901 and the average listing age was 56 days.
From Rocket Homes Real Estate and based on county public records data.