503 Centre Street N Rainier, WA $ 449,500
503 Centre Street N
$ 449,500
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503 Centre Street N

Rainier, WA, 98576
$ 449,500
Bedrooms3 Baths2.0 Sq 1,396

Monthly Estimate*

$ 2,768

Listed by NextHome Northwest Group
503 Centre Street N, Rainier, WA 98576 - Image 1
503 Centre Street N, Rainier, WA 98576 - Image 2
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503 Centre Street N, Rainier, WA 98576 - Image 4
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503 Centre Street N, Rainier, WA 98576 - Image 10
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503 Centre Street N, Rainier, WA 98576 - Image 12
503 Centre Street N, Rainier, WA 98576 - Image 13
503 Centre Street N, Rainier, WA 98576 - Image 14
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503 Centre Street N, Rainier, WA 98576 - Image 18
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503 Centre Street N, Rainier, WA 98576 - Image 21

Single Family Home for sale in Rainier, WA

for $449,500 with 3 bedrooms and 2 full baths. This 1,396 square foot home was built in 1961 on a lot size of 2.91.

Development opportunity in the heart of Rainier! This 2.91-acre property offers rare in-city acreage with excellent potential for future use or development. Depending on buyer plans and city approval, possibilities may include single-family, duplex, townhome, multifamily, group living, daycare, or other permitted uses. Existing cabin is of little value; the value is in the land. City water and power are already on the property. Enjoy a peaceful setting near schools, parks, and the Yelm-Tenino Trail. Seasonal purple camas flowers and yellow buttercups add beautiful natural color across the property. Conveniently located with access to Rainier amenities and a short drive to Olympia, Yelm, Tenino, and JBLM. Buyer to verify all development potential and permitted uses to their satisfaction.

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Single Family Active

Price

$ 449,500

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 1,507

Style

1 Story

Lot Size

2.91

Year Built

1961

Town/City

Rainier

County/Region

Thurston

MLS | Web ID

2532939

Features
General
Living Area 1396
Sewer Septic Tank
Heating Forced Air Stove/Free Standing
Cooling None
Possession Closing
Roof Composition
Appliances Dishwasher Double Oven Microwave Refrigerator Stove(s)/Range(s)
HOA Fee 0
Security Features Partially Fenced
Year Built 1961
View Mountains Territorial
Topography Level Partial Slope
Levels One
Property Subtype Single Family Residence
Tax Year 2026
County Thurston
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Rainier
Full Baths 1
Special Listing Conditions None
Status Active
Directions From HWY 507 North on Centre St property on right track about 6 blocks.
High School Rainier Snr High
City Rainier
Entry Location Main
Senior Community Y/N N
High School District Rainier
MLS Area 453 - Yelm/Rainier
Lot Size Units Square Feet
Lot Size Square Feet 126760
Carport Y/N N
Listing Terms Cash
Elementary School Rainier Primary Sch
Land Lease Y/N N
Tax Annual Amount 1507
Middle/Junior High School Rainier Mid
Property Condition Fair
Public Remarks Development opportunity in the heart of Rainier! This 2.91-acre property offers rare in-city acreage with excellent potential for future use or development. Depending on buyer plans and city approval
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company City of Rainier
Property Style 10 - 1 Story
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Interior
Interior Amenities Bath Off Primary Ceiling Fan(s) Fireplace Pantry Walk-In Closet(s) Water Heater
Basement Unfinished
Flooring Vinyl Carpet
Total Fireplaces 1
Fireplace Features Wood Burning
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Half Baths 0
3/4 Baths 1
Total Bedrooms 3
Main Level Bedrooms 3
Total Baths 2
Water Heater Type Electric
Water Heater Location Basement
Fireplaces Upper 0
Fireplaces Main 1
Fireplaces Lower 0
Power Production Type Electric Wood
Baths Three Quarter Garage 0
Baths Three Quarter Lower 0
Baths Three Quarter Main 1
Baths Three Quarter Upper 0
Bedrooms Lower 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Half Main 0
Baths Half Lower 0
Baths Half Garage 0
Baths Full Upper 0
Baths Full Main 1
Baths Full Lower 0
Baths Full Garage 0
Bathrooms 1.75
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Exterior
Exterior Amenities Wood
Vegetation Brush Fruit Trees Garden Space Pasture Wooded
Parking Features Driveway Off Street RV Parking
Lot Features Adjacent to Public Land Open Space Paved Secluded Sidewalk Value In Land
Water Source Public
Total Parking 6
Inclusions Dishwasher(s) Double Oven Leased Equipment Microwave(s) Refrigerator(s) Stove(s)/Range(s)
Foundation Details Block
Building Area Total 1396
Lot Size Acres 2.91
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Partially High Speed Internet Outbuildings Patio RV Parking
Parking Uncovered Total 6
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Internal Only
OriginalMLSID NWM2532939
Street Number 1 503
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* Excluded Features
List By
Sandi Hofmann

Listing Agent

Nexthome Northwest Group

Broker

Affordability Calculator

$2,893
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,768
Monthly Property Taxes
$126
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258832 Elementary School
257462 Middle School
Rainier Snr High High School
Pricing History
DatePricePrice ChangeDescription
6/1/2026$449,500 Listed Price

Map


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503 Centre Street N, Rainier, WA, 98576 is a Single Family Home for sale at $449,500 with 1,396 sqft and a lot size of 2.91. 503 Centre Street N has 3 bedrooms, 2.0 baths, and was built in 1961. The property's zip code is 98576 which is in Rainier, WA