503 Centre Street N · Rainier, WA 98576
Source: NWMLS · NextHome Northwest Group · Sandi Hofmann #NWM2533829
About this home
Investor's Opportuniy! Beautiful 2.91 pristine acres in the city of Rainier. This versatile property offers endless development potential, Including: Single Family, Duplexes, Townhouse, Multi-Family, Group Living and Daycare. Cabin on the property is of little value. Value is in the land. City water & Power on Property. Peaceful setting, easy walk to school, parks and close to Yelm-Tenino Trail. Beautiful purple camas flowers & yellow buttercups make the property just explode with color. Mature Douglas Fir trees, some old growth. Just a short drive to amenities in Olympia-JBLM.
Location
Basics
- Property type
- Land
- Style
- Res-Over 1 Acre
- Lot size
- 126,760 sq ft (2.91 acres)
- County
- Thurston
- MLS #
- NWM2533829
Interior
- Heating
- None
- Cooling
- None
Exterior & lot
- Lot features
- Adjacent to Public Land, Open Space, Paved, Secluded, Sidewalk
- Topography
- Level
- View
- Mountains, Territorial
- Waterfront
- No
Utilities
- Water
- On Property
- Sewer
- Not Available
- Utilities
- Electricity Connected
Community & fees
- Subdivision
- Rainier
- Property tax
- $1,461 (2026)
Transaction
- Original list price
- $449,500 (16.7% price cut)
- Listed on
- Jun 1, 2026
- Days on market
- 116
- Listing terms
- Cash, Conventional
- Possession
- Closing
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2026-06-01
- Active$374,500
Schools
School district: Rainier
- Elementary
- Rainier Primary Sch
- Middle
- Rainier Mid
- High
- Rainier Senior High SchoolSchoolDigger 3 stars · Top 32% in WA
Listing provided courtesy of: NextHome Northwest Group
Listing agent: Sandi Hofmann.
Based on information submitted to the MLS GRID as of —. 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. IDX information 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. Information is deemed reliable but not guaranteed.
Data last updated 2026-09-21.