This home's estimate is 19.9% higher than the average sale price ($524K) of 6 comparable homes.
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7825 Mullen Rd SE, Olympia, WA 98503
About this home
Investor Alert! Exceptional opportunity with endless potential on nearly 4.5 acres. This versatile property offers multiple possibilities, from restoring the existing homes for owner occupancy and rental income to exploring future development opportunities, including potential subdivision or higher-density use (buyer to verify). The 2,055 sq. ft. rambler is ready for your vision and renovation expertise to bring it back to its original charm. The property also includes a detached 2-car garage, a 2-bedroom/2-bath manufactured home that can provide additional rental income, and two enormous shops ideal for storage, hobbies, business use, or further income potential. Mature landscaping, private well, and septic system are already in place. Conveniently located just minutes from Timberline High School, I-5 access, shopping, and amenities. Opportunities like this are rare—the potential here is substantial. Property sold AS IS. Buyer to verify all information and development potential to their satisfaction.

Redfin Estimate
Market trends in 98513, WA
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
- NEW 20 HRS AGO$559,0003 beds2 baths1,890 sq ft5731 Arcarro Ct SE, Lacey, WA 98503Johne Boukalis • Berkshire Hathaway HS NW
- $460,0003 beds2 baths1,216 sq ft3521 Radcliff Ct SE, Olympia, WA 98503Shelley Jones • BHGRE - Northwest Home Team
- $299,0003 beds2 baths1,434 sq ft3597 Channel View Ln SE, Lacey, WA 98503Karen Hake • KW Lake Washington So
- $450,0004 beds2.5 baths1,850 sq ft7738 Long Lake Ct SE, Lacey, WA 98503Tara Smith • BHGRE - Northwest Home Team
- OPEN TODAY, 1:30PM TO 4:30PM
- $685,0004 beds2.5 baths2,558 sq ft3843 Southlake Dr SE, Lacey, WA 98503Misti Chastain • Abbey Realty Inc
- VIDEO TOUR
- SHORT SALE$487,5003 beds2.5 baths1,506 sq ft1315 Golf Club Rd SE, Lacey, WA 98503Savannah Parker • Abbey Realty Inc
- REDFIN OPEN TODAY, 2PM TO 4PM
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Sale and tax history for 7825 Mullen Rd SE
- Sale History
- Tax History
$292/sq ft
$304/sq ft
Public record
Property details
Parking
- Parking Information
- Covered Spaces: 12
- Parking Features: Attached Garage, Off Street, RV Parking
- Has Attached Garage
- Has Garage
Interior
- Bedroom Information
- # of Bedrooms: 3
- # of Bedrooms Main: 3
- Bathroom Information
- # of Full Baths (Total): 2
- # of Main Level Bathrooms (Total): 2
- # of Full Baths (Main): 2
- # of Bathtubs: 2
- # of Showers: 2
- Room 1 Information
- Room Type: Dining Room
- Room Level: Main
- Room 2 Information
- Room Type: Entry Hall
- Room Level: Main
- Room 3 Information
- Room Type: Kitchen With Eating Space
- Room Level: Main
- Room 4 Information
- Room Type: Living Room
- Room Level: Main
- Room 5 Information
- Room Type: Utility Room
- Room Level: Main
- Room 6 Information
- Room Type: Primary Bedroom
- Room Level: Main
- Room 7 Information
- Room Type: Bathroom Full
- Room Level: Main
- Room 8 Information
- Room Type: Bathroom Full
- Room Level: Main
- Room 9 Information
- Room Type: Bedroom
- Room Level: Main
- Room 10 Information
- Room Type: Bedroom
- Room Level: Main
- Basement Information
- Basement Features: None
- Fireplace Information
- Has Fireplace
- # of Fireplaces: 1
- Fireplace Features: Gas
- # of Fireplaces Main: 1
- Heating & Cooling
- Has Heating
- Heating Information: Heat Pump
- Has Cooling
- Cooling Information: Heat Pump
- Interior Features
- Interior Features: Dining Room, Fireplace, Walk-in Closet(s), Water Heater
- Appliances: Dishwasher, Disposal
- Flooring: Laminate, Carpet
- Appliances Included: Dishwasher(s),Garbage Disposal
Exterior
- Building Information
- Building Information: Built On Lot
- Construction Materials: Wood
- Roof: Composition
- Exterior Features
- Exterior Features: Wood Products
- Property Information
- Energy Source: Electric,Natural Gas
- Sq. Ft. Finished: 2,055
- Style Code: 10 - 1 Story
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Has View
- Zoning: LD 0-4
- Land Information
- Vegetation: Garden Space, Wooded
- Lot Information
- MLS Lot Size Source: Tax Assessor
- Site Features: Fenced-Partially,High Speed Internet,Outbuildings,RV Parking,Shop
- Lot Features: Paved
- Lot Size Units: Square Feet
- Lot Size Acres: 4.21
- Elevation Units: Feet
Financial
- Tax Information
- Tax Annual Amount: $4,280
- Tax Year: 2025
- Financial Information
- Listing Terms: Cash
- Buyer Financing: Other
Utilities
- Utility Information
- Water Source: Individual Well
- Water Company: Well
- Power Company: Puget Sound Energy
- Sewer: Septic Tank
- Sewer Company: Septic
- Water Heater Location: Laundry
- Water Heater Type: Electric
Location
- School Information
- High School District: North Thurston
- Location Information
- Directions: Marvin Rd. West on Mullen Rd. Under trestle. Property on Left.
- Topography: Level
- Community Information
- Senior Exemption: true
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: 1,151
- Stories: —
- Lot Size: 112 square feet
- Style: Mobile/Manufactured Home
- Year Built: 1995
- Year Renovated: —
- County: Thurston County
- APN: 99900846600
Other
- Listing Information
- Buyer Brokerage Compensation: 2.5
- Buyer Brokerage Compensation Type: %
- Mls Status: Sold
- Listing Date Information
- On Market Date: Tuesday, June 16, 2026
- Green Information
- Power Production Type: Electric, Natural Gas
- Home Information
- Living Area: 2,055
- Calculated Square Footage: 2055
- MLS Square Footage Source: Tax Assessor
- Building Area Total: 2055
- Building Area Units: Square Feet
- Foundation Details: Block
- Year Built Effective: 1976
- Effective Year Built Source: Public Records
- Structure Type: House
- Levels: One
- Security Features: Partially Fenced
- Entry Location: Main
Around this home
Schools
Public PreK-5 • Assigned • 0.3mi
Public 6-8 • Assigned • 3.2mi
Public 9-12 • Assigned • 1.3mi
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 88° expected this year, 14 days in 30 years
Minimal risk of severe winds over next 30 years
7 unhealthy days expected this year, 8 days in 30 years
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
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Nearby similar homes
New listings for sale in 98503
Home values near 7825 Mullen Rd SE
| Address | Redfin Estimate |
|---|---|
3 Beds | 2.5 Baths | 1961 Sq. Ft. | $579,112 |
3 Beds | 2 Baths | 1645 Sq. Ft. | $579,129 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 2055 Sq. Ft. | $678,299 |
4 Beds | 2 Baths | 2123 Sq. Ft. | $591,983 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2.5 Baths | 2461 Sq. Ft. | $873,194 |
3 Beds | 2 Baths | 1794 Sq. Ft. | $577,290 |
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