$600,000
Est. $3,088/mo2 bd•1.5 ba•1,982 sq ft
5544 Old Hwy 410 Sw #5542, Olympia, WA 98512
• Listed 2026-07-22•26 days on market
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Based on information submitted to the MLS GRID as of July 23, 2026 at 05:04am (date and time MLS GRID Data was obtained). 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.
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Sold AS-IS! Investor special with exceptional land development potential on 6.8 acres zoned Commercial. Rare opportunity for investors, builders, or developers to unlock the value of this unique property. Existing fixer is ready for a complete renovation or replacement, offering the flexibility to redevelop to fit your vision. Property features 2 septic systems, 2 water systems, and a 2-stall garage, providing added value for future improvements. Peaceful country setting with convenient access to shopping, dining, downtown Olympia, and approximately 23 minutes to JBLM. No interior showings until mutual acceptance. Endless possibilities await on this prime acreage.
Listed by Darren Monson • John L. Scott, Inc.
Listing updated: July 23, 2026 at 05:04am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2557168
Open houses
No upcoming open houses scheduled for this property.
$608,000
+$8,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $554K and $855K.
Rental earnings
$1,825/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$855,000Last sold price
1124 Canning Court Sw, Olympia, WA 98512

$605,000Last sold price
2411 Munson Court Sw, Olympia, WA 98512
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
5544 Old Hwy 410 Sw #5542, Olympia, WA 98512
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$3,528 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Olympia is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 13 days.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Aug 2026
Olympia School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.