Active · Residential

503 Centre Street N, Rainier, WA 98576

Rainier, WA 98576

$349,500

3 bedrooms · 2 bathrooms · 1,396 sq ft

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Listing provided by NextHome Northwest Group · MLS #2532939 · Active

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About this property

Development opportunity in the heart of Rainier! This 2.91-acre property offers rare in-city acreage with excellent potential for future use or development. Depending on buyer plans and city approval, possibilities may include single-family, duplex, townhome, multifamily, group living, daycare, or other permitted uses. Existing cabin is of little value; the value is in the land. City water and power are already on the property. Enjoy a peaceful setting near schools, parks, and the Yelm-Tenino Trail. Seasonal purple camas flowers and yellow buttercups add beautiful natural color across the property. Conveniently located with access to Rainier amenities and a short drive to Olympia, Yelm, Tenino, and JBLM. Buyer to verify all development potential and permitted uses to their satisfaction.

Property details

Property type: Single Family Residence
Year built: 1961
Lot size: 126,760 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $1,507 (2026)
Parking spaces: 6
School district: Rainier

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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