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Lacey,WA 98503
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,448 sqft
Price per Sqft $265
Subdivision Lacey
MLS Listing ID 2378337
Style 52 - Duplex
Bedrooms 8
Year Built 1962
Annual Tax Amount $5,151
Lot Size 8,640 Sqft
Property Sub-Type Multi Family
Property Description
Rare opportunity in Lacey—two detached single-family homes on one lot, each with its own charm and privacy. Both homes are currently rented, offering consistent occupancy and strong cash flow with an estimated 6.3% cap rate. One tenant is long-term, adding stability to this solid income-producing property. Located in a desirable area close to amenities, this is a smart addition to any investor's portfolio. Whether you're growing your rental holdings or seeking a low-maintenance investment, this unique setup delivers dependable returns in a high-demand market.
Location
State WA
County Thurston
Area 450 - Lacey
Interior
Flooring Vinyl,Vinyl Plank,Carpet
Exterior
Exterior Feature Metal/Vinyl,Wood Products
Amenities Available Cable TV,Fenced-Partially,High Speed Internet
View Y/N No
Roof Type Composition
Building
Lot Description Dead End Street,Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Mountain View Elementary
Middle Schools Komachin Mid
High Schools North Thurston High
School District North Thurston
Others
Acceptable Financing Cash Out,Conventional,FHA,VA Loan
Listing Terms Cash Out,Conventional,FHA,VA Loan