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Olympia Multifamily Development Opportunity
For Sale
$1,300,000

2005 End St, Olympia, WA 98502

Investment opportunity in Olympia's Goldcrest/Burbank neighborhood.

Property Size132,422 SF
Price / SF$9.82
Days on Market436

Property Features for 2005 End St

General Information

Standard status Active
Size 132,422 SF
Listing Agency: HIGHMARK PARTNERS
Listed By: JUSTIN KRAFT
Source: Corcoran
Added: Aug 14, 2025 Changed: Mar 16 Last Checked: Mar 25 at 1:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HIGHMARK PARTNERS

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Investment Insights

Based on property information with market context.

Located in Olympia’s Goldcrest/Burbank neighborhood, this property presents an investment opportunity. Zoned RM-18, the property allows for multifamily development at a maximum density of 18 dwelling units per acre. Preliminary site plans suggest the potential for up to 48 residential units; however, all development possibilities should be verified with the City of Olympia, WA. The property size is 132422 square feet. A wetland study is available.

Key Highlights

  • Zoned RM‑18 allows for multifamily development.
  • Potential for up to 48 residential units (buyer to verify).
  • Premier investment opportunity in Olympia’s desirable Goldcrest/Burbank neighborhood.

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Nail Salon Hair Salon Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

128
Businesses Nearby

Demographics for 98502, WA

35,698
Population
15,550
Households
2.3
Avg Household Size
41
Median Age
52%
College-Educated
97%
High-School Grad
63.4 sq mi
ZIP Area
563
Density / Sq Mi
$87,154
Median Household Income
$46,404
Median Earnings
$1,569
Median Rent
$496,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Investment opportunity in Olympia's Goldcrest/Burbank neighborhood.
Where is this residential land & home lot located?
The property is located at 2005 End St Olympia, WA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Zoned RM‑18 allows for multifamily development.; Potential for up to 48 residential units (buyer to verify).; Premier investment opportunity in Olympia’s desirable Goldcrest/Burbank neighborhood.
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