Prime investment opportunity in the heart of Winlock! This corner lot on SW Alder Street comes fully prepped and ready for development. Extensive upfront work has already been completed including engineering, site preparation, and environmental studies, saving you time, money, and uncertainty. The property is positioned for ***FOUR FOUR-PLEX UNITS***, allowing the next owner to step in, obtain the building permit, and begin construction. With housing demand strong and limited inventory in the area, this is an excellent opportunity for investors or builders looking to add multi-family units to their portfolio. Convenient location with quick access to I-5, making commuting to Olympia, Centralia, and Portland easy. Utilities nearby and development groundwork already done—bring your plans and start building.
157 days
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Zillow last checked:
Listing updated:
Listed by:
Madalene Deskins,
Northfork Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2490290
Facts & features
Interior
Features
Has fireplace: No
Interior area
Total structure area: 0
Property
Features
Has view: Yes
View description: Territorial
Waterfront features: Creek
Lot
Size: 1.3 Acres
Features: Corner Lot, Paved
Topography: Level
Details
Parcel number: 006549000000
Zoning description: Multi-Family,Residential,Jurisdiction: City
Special conditions: Standard
Utilities & green energy
Electric: In Street
Gas: Not Available
Sewer: In Street
Water: In Street
Utilities for property: Electricity Available
Community & HOA
Community
Subdivision: Winlock
Location
Region: Winlock
Financial & listing details
Annual tax amount: $626
Date on market: 3/9/2026
Cumulative days on market: 158 days
Listing terms: Conventional
Road surface type: Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,838/mo
Price history
Date
Event
Price
3/31/2026
Price change
$380,000-9.5%
Source: NWMLS as distributed by MLS GRID #2490290Report a problem
3/10/2026
Listed for sale
$420,000+250%
Source: NWMLS as distributed by MLS GRID #2490290Report a problem
2/17/2026
Sold
$120,000-7%
Source: NWMLS as distributed by MLS GRID #2433342Report a problem
12/18/2025
Pending sale
$129,000
Source: NWMLS as distributed by MLS GRID #2433342Report a problem
11/19/2025
Price change
$129,000-11%
Source: NWMLS as distributed by MLS GRID #2433342Report a problem
10/21/2025
Price change
$145,000-6.5%
Source: NWMLS as distributed by MLS GRID #2433342Report a problem
10/3/2025
Listed for sale
$155,000
Source: NWMLS as distributed by MLS GRID #2433342Report a problem
9/17/2025
Pending sale
$155,000
Source: NWMLS as distributed by MLS GRID #2433342Report a problem
9/13/2025
Listed for sale
$155,000+507.8%
Source: NWMLS as distributed by MLS GRID #2433342Report a problem
2/27/2020
Sold
$25,500
Source: NWMLS as distributed by MLS GRID #1519920Report a problem
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Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
See how much you could borrow to make a competitive offer.
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.