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Multifamily Homes & Duplexes for Sale in 98503

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  • /40

    $1,895,000

    • 5 Beds
    • 6 Baths
    • 6,508 Sq Ft

    7235 20th Ave SE, Lacey, WA 98503

    Long Lake Luxury +Passive Income = Dream Waterfront Setup! Over 6500sqft & flex layouts to use as 1, 2 or 3 units. Airbnb with private entrance, stays furnished & grossed $25K last yr without summer bookings! Unit A has main floor primary 3BR + den, gym-ready basement and sauna. Unit B can stay whole or split again. All have waterproof luxury vinyl plank throughout, quartz counters, separate

    Jami Downing Abbey Realty Inc

    7235 20th Ave SE, Lacey, WA 98503
  • /39

    $629,900

    • 6 Beds
    • 4 Baths
    • 2,360 Sq Ft

    5649 45th Ave SE, Lacey, WA 98503

    Welcome to a unique and lucrative opportunity for investors, developers, or owner-occupants seeking strong cash flow potential and future development upside. This remodeled duplex sits on a generous .38 acre lot, offering both turn-key living and the ability to expand and maximize value. With a use code that allows for 2-4 units and an 18 bedroom septic, this property presents the rare chance

    Haley Connor eXp Realty

    5649 45th Ave SE, Lacey, WA 98503
  • /20

    $2,800,000

    • 12,424 Sq Ft

    1608 Ruddell Rd SE, Lacey, WA 98503

    Rare add-value multifamily investment opportunity in Lacey! This well-maintained portfolio includes 3 tax parcels with 13 total units: one parcel features a single-family home and a 4-plex, while the other two parcels each include a 4-plex. All units are fully occupied with strong rental history. Conveniently located near I-5, JBLM, shopping, and schools. Great mix of unit types, stable income,

    Brian Shin TS Property Management

    1608 Ruddell Rd SE, Lacey, WA 98503
  • /12

    $649,000

    • 4 Beds
    • 4 Baths

    6923 20th Ave SE Unit 1, Lacey, WA 98503

    Fully Renovated Duplex with Lake Access – High ROI & Modern Upgrades A dream duplex or ideal house opportunity! This beautifully renovated duplex provides modern comfort, smart upgrades, and lake access — all in a high-demand location near Long Lake Park and highly rated schools. Property Features: Two fully updated 2 bed / 1.5 bath units – approx. 1,000 sq ft each New solid flooring, fresh

    Alexis Martz TRELORA Realty, Inc.

    6923 20th Ave SE Unit 1, Lacey, WA 98503
  • /34

    $705,000

    • 4 Beds
    • 4 Baths
    • 2,600 Sq Ft

    643 School St SE, Lacey, WA 98503

    Fantastic opportunity to own a well-maintained duplex in Lacey with a strong rental history. Add to your investment portfolio or live in one side and rent the other. Each two-story unit features 2 bedrooms, a flex room, & 1.5 baths. Main floor living space w .5 bath, upstairs hosts bedrooms/full bath. Both units have large fenced yards, in-unit washer and dryer, a private single-car garage, and

    Tarah Yurovchak Redfin

    643 School St SE, Lacey, WA 98503
  • /18

    $840,000

    • 8 Beds
    • 4 Baths
    • 3,648 Sq Ft

    8024 N Bicentennial Loop SE, Olympia, WA 98503

    Great investment opportunity! Sitting on just over 3/4 of an acre, this 4plex offers two units upstairs and two downstairs. Each unit has 2 bedrooms, 1 bathroom, a dining room, a kitchen and a large balcony or patio with a storage closet. There is a carport with 4 stalls and 4 additional parking spaces. Mature landscaping gives off a park like setting, while being very close to shopping.

    Lisa Kirk St Clair Realty

    8024 N Bicentennial Loop SE, Olympia, WA 98503
  • /9

    $649,950

    • 8 Beds
    • 4 Baths
    • 2,448 Sq Ft

    4409 4411 21st Ct SE, Olympia, WA 98503

    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

    Noe Quezada BHGRE - Northwest Home Team

    4409 4411 21st Ct SE, Olympia, WA 98503
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