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Listing provided courtesy of Northfork RealtyNWMLSMLS# NWM2490290MLS Provider
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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.

Source: NWMLS, MLS#: NWM2490290

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  • Property Type
    Land
  • Lot
    1.30 acres

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  • Median Age
    41
  • Population Density
    85
  • College Educated
    35%
  • Estimated Median Income
    $64,896
  • Estimated Total Home Owners
    2,082
  • Estimated Total Renters
    546
  • Owner / Renter Divide
    79% / 21%
  • Estimated Average Household Size
    3
  • Total Population
    7,579
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 0 SW Alder Street

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
3/31/2026Source: NWMLS Price Reduction
$380,000 -9.5%
3/9/2026Source: NWMLS Added to Database
March 09, 2026