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Investment - Homes for Sale in Lacey, WA

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  • /8

    $225,000

    • Land
    • 30,927 Sq Ft
    • $316,901 per Acre

    1236 Marvin Rd SE, Lacey, WA 98503

    Prime Development Opportunity – Vacant Land with V(U)C Zoning This outstanding vacant parcel offers excellent flexibility and investment potential. Zoned V(U)C (Village Urban Center), it supports a wide range of uses including residential (single family or multifamily), commercial, retail, office, and mixed-use development — giving you maximum versatility with fewer restrictions. Prime Central

    Agent Photo

    Josh Abbey

    Abbey Realty Inc

    1236 Marvin Rd SE, Lacey, WA 98503
  • /38

    $675,000

    Open Sat 11AM - 1PM $23K PRICE DROP
    • 6 Beds
    • 4 Baths
    • 2,600 Sq Ft

    643 School St SE, Lacey, WA 98503

    Big-ticket improvements are already done! This spacious Lacey duplex features newer Hardie siding, exterior paint, septic system, drain field and pumping station, taking care of several major expenses for the next owner. Each unit offers 3 bedrooms, 1.5 baths, an attached garage, private fenced yard and separate driveway, all situated on a large .56-acre lot. Whether you're looking to add a

    Tarah Yurovchak Redfin

    643 School St SE, Lacey, WA 98503
  • /20

    $2,650,000

    • 23 Beds
    • 15 Baths
    • 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
  • /23

    $505,000

    • Land
    • 15,002 Sq Ft
    • $1,466,318 per Acre

    4808 4812 15th Ave SE, Lacey, WA 98503

    One-of-a-kind development opportunity in the heart of Lacey! This exceptionally rare property consists of a fully updated single family rental with water, sewer, and power stubbed to the back of the lot for a second building site, as well as a 7500+/- sqft vacant lot stubbed with water, sewer, and power that is build ready and approved for a 2500+/- sqft duplex. With 1 updated unit already rented

    John Stormans Olympic Sotheby's Int'l Realty

    4808 4812 15th Ave SE, Lacey, WA 98503
  • /40

    $489,500

    • 3 Beds
    • 2.5 Baths
    • 1,442 Sq Ft

    7201 9th Ct SE, Lacey, WA 98503

    This home is located in a very private, quiet and secluded neighborhood on a dead-end street. But it is close to all important hubs and amenities and freeways to assure quick access to work, restaurants and shops. A large, fenced yard surrounds the home, great for pets,BBQ's, sit around the fire pit, outdoor games and gatherings. On the lower level a large living room with vaulted ceiling and gas

    Linda Yost Windermere Prof Partners

    7201 9th Ct SE, Lacey, WA 98503
  • /24

    $1,299,950

    • 12 Beds
    • 12 Baths
    • 5,620 Sq Ft

    1214 Hall St SE Unit A&B, Lacey, WA 98503

    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

    Brian Dermanoski Blue Summit Realty LLC

    1214 Hall St SE Unit A&B, Lacey, WA 98503
  • /28

    $419,000

    • 2 Beds
    • 1 Bath
    • 1,084 Sq Ft

    916 Bowker St SE, Lacey, WA 98503

    ~Charming Single Story Home in Lacey~ Welcome home and enjoy this newly renovated 2 BD / 1 BA home on a MASSIVE lot. Featuring new flooring, trim, paint, soft-close cabinets, quartz countertops, light fixtures, hardware throughout, RV parking and more! Free flowing floor plan with an open concept and ability to add a 3rd bedroom and/or primary en-suite! Huge backyard with space for any and all

    Kyle Walker COMPASS

    916 Bowker St SE, Lacey, WA 98503
  • /32

    $465,000

    • 3 Beds
    • 2.5 Baths
    • 1,762 Sq Ft

    5240 54th Ave SE, Lacey, WA 98503

    Welcome to this well-located Lacey home, offering comfort, convenience, and endless potential. Situated in a desirable neighborhood, you'll enjoy easy access to shopping, dining, parks, schools, and JBLM. Whether you're looking for your first home, a place to grow, or an investment opportunity, this property offers the perfect combination of location and lifestyle.

    Ryan Kautz Abbey Realty Inc

    5240 54th Ave SE, Lacey, WA 98503
  • /37

    $525,000

    $75K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,765 Sq Ft

    7438 Mullen Rd SE Unit A-B, Lacey, WA 98503

    Well-maintained duplex tucked away on a quiet street in a highly desirable Lacey location, conveniently close to schools, shopping, and everyday amenities. This side-by-side property features two spacious 2-bedroom, 1-bath units, each with an attached garage and private fenced yard — an attractive setup for both tenants and owner-occupants. Designed with a functional, conventional layout, each

    Tucker Stanley Realty One Group Bold

    7438 Mullen Rd SE Unit A-B, Lacey, WA 98503
  • /39

    $499,999

    • 4 Beds
    • 2.5 Baths
    • 1,843 Sq Ft

    5367 50th Loop SE, Lacey, WA 98503

    Better than new with over $33,000 in premium builder upgrades! Welcome to this beautifully designed 2021 Richmond American home in the sought-after Summerwalk community, where modern style meets everyday convenience. This move-in ready 4-bedroom, 2.5-bath home offers an open-concept floor plan filled with abundant natural light, luxury vinyl plank flooring, and a spacious great room with a

    Nicole Braam Keller Williams South Sound

    5367 50th Loop SE, Lacey, WA 98503
  • /12

    $1,175,000

    • 11 Beds
    • 7 Baths
    • 12,424 Sq Ft

    1608 Ruddell Rd SE, Lacey, WA 98503

    Rare add-value multifamily investment opportunity in Lacey! Features fully occupied a single-family home and a 4-plex with strong rental history. Conveniently located near I-5, JBLM, shopping, and schools. Great mix of unit types, stable income, and future upside. Ideal for both seasoned and new investors looking for scale and long-term growth in a strong rental market.

    Brian Shin TS Property Management

    1608 Ruddell Rd SE, Lacey, WA 98503
  • /3

    $775,000

    • 6 Beds
    • 4 Baths
    • 3,088 Sq Ft

    1701 Ruddell Rd SE, Lacey, WA 98503

    Rare add-value multifamily investment opportunity in Lacey! Features fully occupied 4-plex with strong rental history. Conveniently located near I-5, JBLM, shopping, and schools. Great mix of unit types, stable income, and future upside. Ideal for both seasoned and new investors looking for scale and long-term growth in a strong rental market.

    Brian Shin TS Property Management

    1701 Ruddell Rd SE, Lacey, WA 98503
  • /4

    $775,000

    • 6 Beds
    • 4 Baths
    • 3,088 Sq Ft

    1702 Judd St SE, Lacey, WA 98503

    Rare add-value multifamily investment opportunity in Lacey! Features fully occupied 4-plex with strong rental history. Conveniently located near I-5, JBLM, shopping, and schools. Great mix of unit types, stable income, and future upside. Ideal for both seasoned and new investors looking for scale and long-term growth in a strong rental market.

    Brian Shin TS Property Management

    1702 Judd St SE, Lacey, WA 98503
  • /14

    $675,000

    $15K PRICE DROP
    • 5 Beds
    • 3 Baths
    • 2,362 Sq Ft

    5293 66th Ave SE, Lacey, WA 98513

    Great income generating duplex in desirable Horizon Pointe neighborhood. Upstairs unit features 1443 sqft, 3bds, 2ba, primary suite w/private bath and walk-in closet. Fully fenced yard. Downstairs unit offers 919 sqft, 2bds, 1ba. Separate addresses, meters/utilities, entries, garages, and fenced yards for both living spaces. Both units have nice, engineered hardwood flooring, and tile

    Bird Bethje Riley Jackson Real Estate Inc.

    5293 66th Ave SE, Lacey, WA 98513
  • /34

    $435,000

    • 3 Beds
    • 2.5 Baths
    • 1,400 Sq Ft

    6516 Indiana St SE, Olympia, WA 98513

    Welcome home to this beautifully renovated 1,400-square-foot townhome in the desirable Horizon Pointe community! This stunning 3-bed, 3-bath home has been thoughtfully updated from top to bottom, offering the perfect blend of modern style and low-maintenance living. Step inside to discover new flooring, contemporary lighting, fresh interior paint, updated doors and hardware, and elegant quartz

    Amanda Sampson Capitol Real Estate LLC

    6516 Indiana St SE, Olympia, WA 98513
  • /2

    $498,500

    $52K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,832 Sq Ft

    1414 Hensley St NE Unit 1412, Olympia, WA 98516

    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

    Margo Street Networks Real Estate LLC

    1414 Hensley St NE Unit 1412, Olympia, WA 98516

Home Price Trends

Median Sale Price
$515,250
Median Single Family Sale Price
$528,000
Median Townhouse Sale Price
$397,500
Median 2 Bedroom Sale Price
$590,999
Median 1 Bedroom Sale Price
$515,000
Average Price Per Sq Ft
$304
Number of Homes for Sale
211
Last 12 months Home Sales
766
Months of Supply
3.30
Median List Price
$525,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
0%
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