2448 sqft | 0.20 acres | #2378337
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.
Property Details
- Exterior FeaturesCable TV, Fenced-Partially, High Speed Internet
- Exterior MaterialsMetal/Vinyl, Wood Products
- Elementary SchoolMountain View Elementary
- Lot DescriptionDead End Street, Paved
- High SchoolNorth Thurston High
- FoundationPoured Concrete
- Sewer InformationSewer Connected
- School DistrictNorth Thurston
- Middle SchoolKomachin Mid
- Property SubtypeMulti Family
- Date ListedMay 20, 2025
- Style52 - Duplex
- CountyThurston
- Original List Price$649,950
- MLS #2378337
- MLS #2378337
- Acres0.1983
- Utility SourcePublic
- Taxes Annual$5,151
- Cost649950
- Structure TypeDuplex
- SubdivisionLacey
- Square Feet2448
- Year Built1962
- Stories1
- Days on Market (Cumulative)1
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-05-21 15:22:11. 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.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Noe Quezada (#NWM138994)
Listing Office: BHGRE - Northwest Home Team (#NWM5453)
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