108 Centre Street S, Rainier, WA, 98576
About This Home
Welcome to 108 Centre Street S, a beautifully updated property in the heart of downtown Rainier. This corner-lot gem sits on 0.13 acres and blends small-town charm with thoughtful modern updates. Inside, you will find newer flooring, fresh paint, a newer roof, and a newer septic system, meaning much of the major work has already been completed. The flexible layout offers plenty of possibilities to create the space that fits your needs. With its central location, you will enjoy the convenience of downtown living where coffee shops, local dining, and parks are just a short walk away. Whether you envision a comfortable home in the middle of town or a live/work setup, this property offers the versatility to make it your own.
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1949
Materials
- Foundation: Poured Concrete
- Roof: Composition
- Construction materials: Wood Products
Type & Style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subType: Single Family Residence
Interior
Bedroom
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Entry Hall
- Level: Main
Features
- Flooring: Vinyl
Heating
- Heating features: Forced Air,Electric
Interior Area
- Total structure area: 576
- Total interior livable area: 576 sqft
Living Room
- Level: Main
Other
- Level: Main
Property
Details
- Parcel number: 70203801700
- Zoning description: Jurisdiction: City
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Has view: Yes
- View description: Territorial
- Topography of land: Level
Lot
- Lot size: 5,662 sqft
- Features: Corner Lot
Parking
- Parking features: Driveway,Off Street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Inland Flooding
- Landslide
How This Home’s Risks Compare
FEMA Declared Disasters in Thurston County and Washington
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,213 | $14,556 |
| Home Insurance * | $71 | $852 |
| Property Taxes | $201 | $2,412 |
| Electricity | $149 | $1,793 |
| Total | $1,634 | $19,608 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-19 | Listed for sale | $250,000 |
| 2022-05-02 | Sold | $145,000 |
| 2007-12-20 | Sold | $64,466 |
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