Listed by Ed Warnock • Group 7 Inc., Real Estate Serv.

For sale

$825,000

Est. $4,667/mo —

Land

•

2.92

acres (lot)

5012 Rural Rd SW, Tumwater, WA 98512

About this home

Great multifamily zoned property in the city of Tumwater! 3 Acres. Minutes to I-5 and walking distance to a large and an ever expanding retail center. Quality and sought after area. Zoned Multifamily High Density Residential (MFH) which allows 14 to 29 units per acre. Quality apartment complexes neighboring to the south and a few blocks to the north so the subject property is in a gap and is next in line to be developed. City water and power are on the property and sewer is in the street. There are income producing manufactured homes, RV slips & a shop on the property that will provide cash flow while developing the property. It is hard to find properties w/ this potential along the I-5 corridor that are only minutes from the freeway.

Vacant landProperty Type

2.92 acresLot Size

$282,534Price/Acres

Listed by Ed Warnock • Group 7 Inc., Real Estate Serv

Listing updated: Aug 7, 2026 at 08:14am

Redfin checked: 2 minutes ago

•Source:NWMLS as Distributed by MLS Grid #2418512

Payment calculator

$4,667 per month

Principal and interest$4,118

Property taxes

$446

HOA dues

Home insurance

$103

Utilities

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Around this home

Schools

K - 12
Preschool & daycare

Michael T Simmons Elementary School

Public PreK-5 • Assigned • 0.7mi

8/10

Tumwater Middle School

Public 6-8 • Assigned • 0.8mi

8/10

A G West Black Hills High School

Public 9-12 • Assigned • 2.0mi

8/10

Provided by GreatSchools

About

Trosper

Trosper, located between Capitol Boulevard SE and I-5, is a residential and commercial Tumwater neighborhood with big-box corridors and pockets of wooded greenbelt. The neighborhood’s energy concentrates around the Capitol Blvd SE and Trosper Rd SW junction, where auto shops, casual eateries, and everyday services line wide arterials. Housing trends toward mid-century ramblers and newer subdivisions set back from the main roads. Tumwater Hill Park adds trails and viewpoints that shift the scene from traffic to tree cover. The nearby Tumwater Craft District and its taprooms give the area a local, after-work rhythm. Side streets feel quieter, with cul-de-sacs and small parks breaking up the grid.

Provided by Walk Score and Local Logic

Property details

Exterior
Finance

Exterior features
Partially fenced
On-site shop
Cable TV available
Evergreen trees and light tree cover
Partially cleared land
Level to rolling topography
Open space areas
Paved road access; road on the west side
Lot dimensions approximately 408 x 320 feet

Home design
Land property (Residential/Multi-family potential)
Zoned MFH

Construction
Approximately 2.916 acres

Utilities
City water available — in street and on property
Sewer available in street
Electricity on property and connected
Natural gas available and in street
Water services under City of Tumwater jurisdiction

Sale and tax history for 5012 Rural Rd SW

Sale History
Tax History

Date

Event

Price

Aug 7, 2026

Relisted (Active)