#2322247, Christopher Street, Listing Office: Networks Real Estate LLC

5040 Rural Rd SW Tumwater, WA 98512
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
Summary
- 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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Last updated on: 4/4/2025, 1:17:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$890,000
5040 Rural Rd SW
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Price information
Property sales
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Tax history
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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. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 5040 Rural Rd SW
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.
While more than 5 listings in Tumwater, WA in March 2025 were sold above asking price, there were more than 16 listings sold at asking price, and more than 6 were sold below. The number of listings in Tumwater, WA increased by 20.2% between February and March 2025. The median list price of listings available in March 2025 was $512,300, while the average time on the real estate market was 66 days.