About 503 Centre Street N
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.
Features of 503 Centre Street N
| MLS® # | 2532939 |
|---|---|
| Price | $374,500 |
| Bedrooms | 3 |
| Bathrooms | 1.75 |
| Full Baths | 1 |
| Square Footage | 1,396 |
| Acres | 2.91 |
| Year Built | 1961 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 503 Centre Street N |
|---|---|
| Area | 453 - Yelm/Rainier |
| Subdivision | Rainier |
| City | Rainier |
| County | Thurston |
| State | WA |
| Zip Code | 98576 |
Amenities
| Parking Spaces | 6 |
|---|---|
| Parking | Driveway, Off Street, RV Parking |
| View | Mountains, Territorial |
| Is Waterfront | No |
Interior
| Interior Features | Bath Off Primary, Ceiling Fan(s), Fireplace, Pantry, Walk-In Closet(s), Water Heater |
|---|---|
| Appliances | Dishwasher, Double Oven, Microwave, Refrigerator, Stove(s)/Range(s) |
| Heating | Forced Air, Stove/Free Standing |
| Cooling | None |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Wood Burning |
Exterior
| Exterior Features | Wood |
|---|---|
| Lot Description | Adjacent to Public Land, Open Space, Paved, Secluded, Sidewalk, Value In Land |
| Foundation | Block |
School Information
| District | Rainier |
|---|---|
| Elementary | Rainier Primary Sch |
| Middle | Rainier Mid |
| High | Rainier Snr High |
Additional Information
| Date Listed | June 1st, 2026 |
|---|---|
| Days on Market | 87 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | NextHome Northwest Group |
|---|