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$424,950 -$24,550 (-5.46%) Price Reduced

  • For Sale
  • Active
  • Land Residential
  • 2.91 Acres
  • Updated 6 days ago

Listed by Sandi Hofmann | NextHome Northwest Group | (360) 456-4486

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Investor's Opportuniy! Beautiful 2.91 pristine acres in the city of Rainier. This versatile property offers endless development potential, Including: Single Family, Duplexes, Townhouse, Multi-Family, Group Living and Daycare. Cabin on the property is of little value. Value is in the land. City water & Power on Property. Peaceful setting, easy walk to school, parks and close to Yelm-Tenino Trail. Beautiful purple camas flowers & yellow buttercups make the property just explode with color. Mature Douglas Fir trees, some old growth. Just a short drive to amenities in Olympia-JBLM.

Full Property Details for 503 Centre St N

General

  • Price: $424,950
  • Taxes: $1,461 (2026)
  • Status: Active
  • Type: Land Residential
  • Source: NWMLS
  • MLS ID: 2533829
  • Updated: 6/30/2026
  • Added to Site: 36 day(s) ago

Additional Information

  • Improvements: Cable TV Available, Driveway, Dwelling, Fenced-Partially

Location

  • Area: 453 - Yelm/Rainier
  • County: Thurston
  • Subdivision: Rainier
  • Driving Directions: From HWY 507, North on Centre St, property on right track, about 6 blocks.

School Information

  • High School District: Rainier
  • Elementary School: Rainier Primary Sch
  • Middle School: Rainier Mid
  • High School: Rainier Snr High

Utilities

  • Electric Available: Yes
  • Water: On Property
  • Utility Description: Electricity Connected

Structural Information

  • Structure Type: None

Lot Features

  • Property View: Mountains, Territorial
  • Lot Size (Acres): 2.91
  • Lot Size (Sq. Ft.): 126,760
  • Lot Size Source: Public Records
  • Street/Road Desc.: County Maintained, Gravel, Paved
  • Topography: Level
  • Lot Features: Adjacent to Public Land, Open Space, Paved, Secluded, Sidewalk
  • Zoning: Residential

Financial Considerations

  • Tax Amount: $1,461
  • Tax Year: 2026
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Restrictions: No Restrictions
  • Property ID: 21609210300

Listed by Sandi Hofmann | NextHome Northwest Group | (360) 456-4486

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NMLS#: 1598647

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Schools serving 503 Centre St N

School District:Rainier School District
NameGradesDistance
Rainier Primary School
600 W 3rd, Rainier, WA 98576
PK-50.6 mi
Rainier Middle School, Rainier, WA
202 2nd Street, Rainier, WA 98576
6-80.4 mi
Rainier Senior High School
308 2nd Street, Rainier, WA 98576
9-120.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 503 Centre St N Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/30/2026
Price Reduced
$424,950
-5.46%
MLS
6/01/2026
Listed
$449,500
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 503 Centre St N

Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,507
3%
$456,600
13%
2025
$1,461
4%
$403,000
23%
2021
$1,400
6%
$327,700
-8%
2023
$1,322
-6%
$356,500
61%
2021
$1,400
52%
$221,100
21%
2020
$921
-20%
$182,800
5%
2019
$1,156
-4%
$174,400
10%
2018
$1,204
-3%
$158,000
6%
2017
$1,244
33%
$148,700
-1%
2016
$937
-27%
$150,100
10%
2015
$1,282
-10%
$136,000
-5%
2014
$1,421
—
$143,850
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Sandi Hofmann | NextHome Northwest Group | (360) 456-4486

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Recent Sales near 503 Centre St N

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302 Centre St N, Rainier, WA 98576 - Photo 1 Sold
$424,000

302 Centre St N  Rainier, WA 98576

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Listed by Jon Minerick | Homecoin.Com
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304 Olympia St E, Rainier, WA 98576 - Photo 1 Sold
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304 Olympia St E  Rainier, WA 98576

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444 Volesky Dr SE, Rainier, WA 98576 - Photo 1 Sold
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444 Volesky Dr SE  Rainier, WA 98576

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503 Centre Street N, Rainier, WA 98576 (MLS# 2533829) is a Land Residential property with a lot size of 2.91 acres. 503 Centre Street N is currently listed for $424,950 and was received on June 01, 2026. Want to learn more about 503 Centre Street N? Do you have questions about finding other Land Residential real estate for sale in Rainier? You can browse all Rainier real estate or contact a Coldwell Banker agent to request more information.

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