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JRJeff ReynoldsCompass · Seattle

Listed by Brian J Dermanoski, Blue Summit Realty LLC

5,620
Square feet
$231
Per sq ft
Multi Family
Type
2019
Year built
12,800 sq ft
Lot
38
Days on market

About this property

Excellent quality newer investment opportunity offered substantially under assessed value. Two duplexes featuring 3 bedrooms, 2.5 bath each. All 4 units feature 2 car garages. Both duplexes feature extensive solid surface flooring granite counters throughout, stainless appliances, high efficiency mini split heat pump systems with air conditioning, and energy efficient insulation and lighting packages. Built in 2019 and exceptionally maintained. Long term leases in place and a great cap rate with room for continued growth. Exteriors feature custom accents and fenced yards. Close to all amenities and freeway access, with great schools nearby.

Location & commute

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Directions

Property details

Listing details

Listing number
#2534852
Listed
June 5, 2026
Days on market
38
Price per sq ft
$231

Unit & building

Unit
A&B
Stories in building
2
Units in building
4

Parking

Covered spaces
8
Total spaces
12

Construction

Year built
2019
Style
54 - 4-Plex
Structure
Quadruplex
Roof
Composition

Heating & cooling

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

Flooring

Flooring
Ceramic TileLaminateCarpet

Lot

Lot features
CurbsPavedSidewalk
Lot size
12,800 sq ft

Terms

Terms offered
CashConventionalVA Loan

Utilities

Water
Lacey
Sewer
Lacey
Power
PSE

Schools

District
North Thurston

What stands out to you?

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  • Quadruplex
  • Composition
  • 90%+ High Efficiency
  • Ductless
  • Wall Furnace
  • Electric
  • Ceramic Tile
  • Laminate
  • Carpet
  • Curbs
  • Paved
  • Sidewalk

Listing history

  1. Listed

    $1,299,950

    June 5, 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

$7,570

Principal & interest
$6,573
Property tax (est.)
$997

Assumes $259,990 down (20%), a $1,039,960 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 11:01 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.