About this home

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.

Schools

Elementary

Winlock Miller Elem

Middle

Winlock Mid

High

Winlock Snr High

Property details

View: Territorial
Lot: Corner Lot, Paved
Water source: In Street
Sewer: In Street
Utilities: Electricity Available

Costs

Annual taxes: $626 (2025)

Estimate your monthly payment

$1,266/mo

Principal & interest: $1,214
Property taxes: $52

Down payment (20%) $48,000 Interest rate (%) Loan term (years)

Loan amount $192,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Winlock, WA 98596

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Northfork Realty— Maddie Deskins.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

Interested in this home?

Request a private tour or ask a question — a local agent will respond personally.