Address
503 Centre Street N, Rainier, WA
Price
$ 374,500
Property Attributes
- ID#2532939
- TypeSingle Family
- CountyTHURSTON
- CityRainier
- AreaYelm-Rainier
- NeighborhoodRainier
- Zip98576
- Style1 Story
- Year Built1961
- Taxes$ 1507
- Price$ 374,500
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1396
- Lot Size2.91 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Rainier Primary Sch Elementary School | Rainier Mid | Rainier Snr High |
| Price History | |
|---|---|
| 6/1/2026 | Listed $449,500 |
| 6/30/2026 | 6$424,950 |
| 7/20/2026 | 7$397,500 |
| 8/18/2026 | 6$374,500 |
General Features
| Living Area | 1396 |
|---|---|
| Sewer | Septic Tank |
| Heating | Forced Air,Stove/Free Standing |
| Cooling | None |
| Possession | Closing |
| Roof | Composition |
| Appliances | Dishwasher,Double Oven,Microwave,Refrigerator,Stove(s)/Range(s) |
| Security Features | Partially Fenced |
| Year Built | 1961 |
| View | Mountains,Territorial |
| Topography | Level,Partial Slope |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2026 |
| County | Thurston |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | Rainier |
| Full Baths | 1 |
| Special Listing Conditions | None |
| Status | Active |
| Directions | From HWY 507,North on Centre St,property on right track,about 6 blocks. |
| High School | Rainier Snr High |
| City | Rainier |
| Entry Location | Main |
| Senior Community Y/N | No |
| High School District | Rainier |
| MLS Area | 453 - Yelm/Rainier |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 126760 |
| Carport Y/N | No |
| Listing Terms | Cash |
| Elementary School | Rainier Primary Sch |
| Land Lease Y/N | No |
| Tax Annual Amount | 1507 |
| Middle/Junior High School | Rainier Mid |
| Property Condition | Fair |
| Public Remarks | 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 |
| Structure Type | House |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Water Company | City of Rainier |
| Property Style | 10 - 1 Story |
| NWM_ShowMapLink | Yes |
Interior Features
| Interior Amenities | Bath Off Primary,Ceiling Fan(s),Fireplace,Pantry,Walk-In Closet(s),Water Heater |
|---|---|
| Basement | Unfinished |
| Flooring | Vinyl,Carpet |
| Total Fireplaces | 1 |
| Fireplace Features | Wood Burning |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| 3/4 Baths | 1 |
| Total Bedrooms | 3 |
| Main Level Bedrooms | 3 |
| Total Baths | 2 |
| Water Heater Type | Electric |
| Water Heater Location | Basement |
| Fireplaces Main | 1 |
| Power Production Type | Electric,Wood |
| Baths Three Quarter Main | 1 |
| Baths Full Main | 1 |
| Bathrooms | 1.75 |
Exterior Features
| Exterior Amenities | Wood |
|---|---|
| Vegetation | Brush,Fruit Trees,Garden Space,Pasture,Wooded |
| Parking Features | Driveway,Off Street,RV Parking |
| Lot Features | Adjacent to Public Land,Open Space,Paved,Secluded,Sidewalk,Value In Land |
| Water Source | Public |
| Total Parking | 6 |
| Inclusions | Dishwasher(s),Double Oven,Leased Equipment,Microwave(s),Refrigerator(s),Stove(s)/Range(s) |
| Foundation Details | Block |
| Building Area Total | 1396 |
| Lot Size Acres | 2.91 |
| Waterfront Y/N | No |
| Irrigation Water Rights Y/N | No |
| Site Features | Cable TV,Fenced-Partially,High Speed Internet,Outbuildings,Patio,RV Parking |
| Parking Uncovered Total | 6 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 98576
Price
Taxes
Year Built
Visits
In The Neighborhood
Rainier
$ 519,000
- Type
- Single Family | Active
- Size
- 2,626 SqFt
- Rooms
- 4 Beds + 2.5 Baths
Listed by: Jason Mitchell Real Estate WA
Rainier
$ 649,900
- Type
- Single Family | Active
- Size
- 1,782 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Listed by: Fathom Realty WA LLC
Rainier
$ 519,950
- Type
- Single Family | Active
- Size
- 3,054 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Listed by: John L. Scott/Yelm
Open House
Rainier
$ 485,000
- Type
- Single Family | Active
- Size
- 1,382 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: Best Choice Realty LLC
Rainier
$ 432,500
- Type
- Single Family | Active
- Size
- 1,394 SqFt
- Rooms
- 3 Beds + 1 Baths
Listed by: Realty One Group Bold
Open House
Rainier
$ 449,900
- Type
- Single Family | Active
- Size
- 1,270 SqFt
- Rooms
- 3 Beds + 1.5 Baths
Listed by: WEICHERT, Realtors Reynolds RE
Rainier
$ 589,900
- Type
- Single Family | Active
- Size
- 1,984 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: Yelm Windermere
Rainier
$ 545,000
- Type
- Single Family | Active
- Size
- 1,892 SqFt
- Rooms
- 4 Beds + 2.5 Baths
Listed by: eXp Realty
Yelm
$ 505,000
- Type
- Single Family | Active
- Size
- 1,306 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: Riley Jackson Real Estate Inc.
Rainier
$ 479,000
- Type
- Single Family | Active
- Size
- 1,568 SqFt
- Rooms
- 4 Beds + 2 Baths
Listed by: Spivey Realty Group, LLC
Rainier
$ 474,999
- Type
- Single Family | Active
- Size
- 1,282 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: Silvercreek Realty Group
Yelm
$ 510,000
- Type
- Single Family | Active
- Size
- 1,493 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: Riley Jackson Real Estate Inc.
Rainier
$ 754,900
- Type
- Single Family | Active
- Size
- 1,512 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: Keller Williams South Sound
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Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended. Copyright ©2018 All rights reserved. Last Update: September 22, 2026 4:07 AM UTC
