#2389083, Wesley Neal, Listing office: Abbey Realty Inc
#2282742·
Listing office: Skyline Properties, Inc.·
Listing agent: Terri Han·
Listing office phone: 253-604-6000
$890,000 List price
5040 Rural Rd SW Tumwater, WA 98512
3.0 acres
Land
Property details
About 5040 Rural Rd SW
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!
Highlights
StatusActive
Lot size3.0044 Acres
MLS #2282742
Summary
- List Price: $890,000
- HOA Amount: $0
- Directions: I-5 Exit #102, Eastbound on Trosper Rd (aka 54th), Southbound on Rual, property on Right.
- Lot Size: 3.0044 Acres
- MLS Number: 2282742
- MLS Name: NWMLS
- 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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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: 7/30/2025, 9:32:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
6
Michael T. Simmons Elementary School
Public District KG-5
0.7 mi
•1205 2nd Ave SW
4
Tumwater Hill Elementary School
Public District KG-5
0.9 mi
•3120 Ridgeview Ct SW
4
Peter G. Schmidt Elementary School
Public District KG-5
1.4 mi
•237 Dennis St 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 $38,986. Most Tumwater, WA residents have annual incomes less than $<35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
46%
<35k
40%
35k-100k
11%
100k-200k
3%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
57%
Single, No Kids
12%
Single, with Kids
22%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
6%
12-17 yrs old
19%
18-34 yrs old
35%
35-64 yrs old
28%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Pro Boxing
Figure Skating
Where do the neighbors shop?
Chico's
Family Dollar
Stein Mart
Where do the neighbors go to eat?
Cracker Barrel
White Castle
Bob Evans
What do the neighbors drive?
Buick
Chevrolet
Oldsmobile
What do the neighbors listen to?
Soft Adult Contemporary
Rock
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5040 Rural Rd SW
The listing price of 5040 Rural Rd SW property is $890,000.
The property 5040 Rural Rd SW is land located in Tumwater, Washington, 98512.
Active Listing: 5040 Rural Rd SW is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5040 Rural Rd SW are: Michael T. Simmons Elementary School (GreatSchools Rating 6/10), Tumwater Hill Elementary School (GreatSchools Rating 4/10), Peter G. Schmidt Elementary School (GreatSchools Rating 4/10), Tumwater Middle School (GreatSchools Rating 7/10), Washington Connections Academy (GreatSchools Rating 5/10), George Bush Middle School (GreatSchools Rating 7/10), Tumwater High School (GreatSchools Rating 7/10), New Market High School (GreatSchools Rating 5/10), A. G. West Black Hills High School (GreatSchools Rating 7/10).
The property 5040 Rural Rd SW is 3.004 acres.
The sq. ft. of 5040 Rural Rd SW is not available (source: MLS/tax record).
This home is located at 5040 Rural Rd SW in Tumwater, WA and zip code 98512 in the Alderbrook Estates neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $890,000.
In June 2025, from all listings sold in Tumwater, WA there were more than 14 sold above asking price, over 8 sold below and more than 7 were sold right at the asked price. The number of homes for sale in Tumwater, WA increased by 2.6% between May and June 2025. Listings spent 14 days on the market in June 2025, and had a median list price of $529,950 during the same period.
From Rocket Homes Real Estate and based on county public records data.