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JRJeff ReynoldsCompass · Seattle

Listed by Margo Street, Networks Real Estate LLC

4
Bedrooms
2
Bathrooms
1,832
Square feet
$272
Per sq ft
Single Family Residence
Type
1974
Year built
14,518 sq ft
Lot
372
Days on market

About this property

NICE PASSIVE INVESTMENT! Centrally located in the heart of Lacey, this charming duplex is within walking distance of grocery stores, restaurants, and shopping. Tucked away at the end of the street for added privacy, the property features a spacious fenced backyard with mature trees. This well-maintained single-story duplex. Each unit offers 2 bedrooms, 1 bathroom, utility room with washer and dryer, kitchen appliances. The living room entry in each unit includes a cozy wood-burning fireplace. Occupied with responsible, long-term tenants. This is a fantastic opportunity to live in one unit and use the rental income to help cover your mortgage. Total SQFT 2-units 1832

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2397786
Listed
June 16, 2025
Days on market
372
Price per sq ft
$272
Original list price
$550,000

Unit & building

Unit
1412
Unit levels
One

Parking

Parking
Attached Garage
Covered spaces
2

Views

View
Territorial

Construction

Year built
1974
Style
10 - 1 Story
Structure
House
Roof
Composition

Heating & cooling

Heating
Baseboard
Cooling
None
Energy source
Electric

Interior features

Features
FireplaceWater Heater
Fireplaces
2
Fireplace type
Wood Burning

Flooring

Flooring
VinylCarpet

Appliances

Appliances
DryerRefrigeratorStove(s)/Range(s)Washer

Community & building features

Bus line nearby
Yes

Lot

Lot features
Dead End Street
Lot size
14,518 sq ft

Terms

Terms offered
CashConventionalVA Loan

Utilities

Water
City of Lacey
Sewer
Private Septic
Power
PSE

Schools

District
North Thurston
Elementary
Olympic View Elem
Middle
Salish Middle
High
River Ridge High

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • One
  • Attached Garage
  • Territorial
  • House
  • Composition
  • Baseboard
  • None
  • Electric
  • Fireplace
  • Water Heater
  • Wood Burning
  • Vinyl

Listing history

  1. Listed

    $550,000

    June 16, 2025

  2. Current price

    $498,500

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$2,903

Principal & interest
$2,521
Property tax (est.)
$382

Assumes $99,700 down (20%), a $398,800 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 14, 2026 at 12:45 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.