Listed by Paragon Real Estate Advisors, Bought with Fairway Real Estate
$950,000
SOLD JUL 11, 2025

1213 Cora St SE Lacey, WA 98503

Central Lacey Neighborhood
-- Bed
-- Bath
4,315 Sq Ft
0.46 Acres

Recently Sold

$220 Per Sq Ft

10% Below List Price

Highlights

  • No HOA
  • Baseboard Heating
  • Wood Siding

About This Home

As of July 2025

This single-story building offers strong fundamentals with potential for value-add improvements. All six units have been moderately updated over the years, but there remain both operational and renovation opportunities for the next owner. The units feature carpet flooring, formica countertops, white appliances, dishwashers, and double-pane vinyl windows. While these finishes are clean and well-maintained, upgrading to LVP flooring, stainless steel appliances, and quartz countertops could significantly enhance rental income. Each unit includes a private patio and backyard area, along with off-street parking spaces.

Last Agent to Sell the Property

Ben Douglas

Paragon Real Estate Advisors License #22013305 Listed on: 04/28/2025

Co-Listed By

Michael Urquhart

Paragon Real Estate Advisors License #135356

Last Buyer's Agent

Scarlett Kimball

Fairway Real Estate License #126908

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2364899

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,180

Year Built

  • Built in 1971

Parking

  • 12 Parking Spaces

Home Design

  • Flat Roof Shape
  • Wood Siding

Interior Spaces

  • 4,315 Sq Ft Home
  • 4-Story Property

Additional Features

  • 0.46 Acre Lot
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Lacey Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71550403100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,180

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1971
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4315
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 4
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Flat
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterSewerGarbage: 7290

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: North Thurston

Lot Info

  • Parcel Number: 71550403100
  • Lot Size Acres: 0.4591
  • Lot Size Sq Ft: 20000
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 12.27
  • LeasedItems: None
  • TotalMonthlyIncome: 7505

Multi Family

  • Gross Scheduled Income: 90060
  • Net Operating Income: 58944
  • Number Of Units Total: 6
  • Insurance Expense: 2375
  • Leasable Area: 4315
  • EnergySource: Electric
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2025
  • Tax Annual Amount: 7180

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2025 07/11/25 Sold $950,000 -9.5% $220 / Sq Ft
05/06/2025 05/06/25 Pending -- -- --
04/28/2025 04/28/25 For Sale $1,050,000 -- $243 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ben Douglas

    Seller's Agent in 2025

    Ben Douglas

    Paragon Real Estate Advisors

    (206) 623-8880

    1 in this area

    27 Total Sales

    Ben Douglas
    Section Image
  • Michael Urquhart

    Seller Co-Listing Agent in 2025

    Michael Urquhart

    Paragon Real Estate Advisors

    (206) 812-9123

    1 in this area

    90 Total Sales

    Michael Urquhart
    Section Image
  • Scarlett Kimball

    Buyer's Agent in 2025

    Scarlett Kimball

    Fairway Real Estate

    (360) 951-1486

    1 in this area

    25 Total Sales

    Scarlett Kimball
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2364899

Northwest Multiple Listing Service (NWMLS)
Washington Thurston County Lacey 98503 Central Lacey

1213 Cora St SE, Lacey, WA

This home is located at 1213 Cora St SE, Lacey, WA 98503 and is currently priced at $950,000, approximately $220 per square foot. This property was built in 1971. 1213 Cora St SE is a home located in Thurston County with nearby schools including Pleasant Glade Elementary School, Chinook Middle School, and North Thurston High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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