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JRJeff ReynoldsCompass · Seattle

Listed by Brian J Dermanoski, Blue Summit Realty LLC

3,484
Square feet
$244
Per sq ft
Multi Family
Type
2020
Year built
4,740 sq ft
Lot
48
Days on market

About this property

Rare opportunity to own a newer duplex featuring 4 large bedrooms, 2.5 baths and 1,742 sqft per unit, along with a 2-car garage. Gateway North neighborhood is well-kept w/ a cohesive look. Located in a very strong rental area, this duplex has great potential for positive cash flow. Units feature solid surface flooring throughout, granite counters throughout, stainless appliances, high efficiency mini split heat pump systems with air conditioning, and energy efficient insulation and lighting packages. Built in 2020 and exceptionally well maintained. Long term leases in place and a great cap rate with room for continued growth. Exterior features custom siding accents and fenced rear yards. Convenient to all amenities and freeway access.

Location & commute

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Directions

Property details

Listing details

Listing number
#2528936
Listed
May 26, 2026
Days on market
48
Price per sq ft
$244

Unit & building

Building
Gateway North
Stories in building
2
Units in building
2

Homeowners association

HOA dues
$660 annually

Parking

Covered spaces
4
Total spaces
8

Construction

Year built
2020
Style
52 - Duplex
Structure
Duplex
Roof
Composition

Heating & cooling

Heating
90%+ High EfficiencyDuctlessWall Furnace
Cooling
90%+ High EfficiencyDuctless
Energy source
Electric

Flooring

Flooring
Vinyl Plank

Lot

Lot features
CurbsPavedSidewalk
Lot size
4,740 sq ft

Terms

Terms offered
CashConventionalVA Loan

Utilities

Water
Lacey
Sewer
Lacey
Power
PSE

Schools

District
North Thurston

What stands out to you?

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

  • Duplex
  • Composition
  • 90%+ High Efficiency
  • Ductless
  • Wall Furnace
  • Electric
  • Vinyl Plank
  • Curbs
  • Paved
  • Sidewalk
  • Cash
  • Conventional

Listing history

  1. Listed

    $849,950

    May 26, 2026

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

$5,005

Principal & interest
$4,298
Property tax (est.)
$652
HOA dues
$55

Assumes $169,990 down (20%), a $679,960 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 13, 2026 at 11:15 PM 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.