Listed by NW Real Estate Inc.
$849,950

3144 Ponderosa St NE Unit A & B Lacey, WA 98516

Hawks Prairie Neighborhood

Estimated payment $5,599/month

Total Views 26
8 Beds
6 Baths
3,484 Sq Ft
$244 Price per Sq Ft

Highlights

  • Territorial View
  • Patio
  • High Speed Internet
  • Corner Lot
  • Forced Air Heating System
  • Partially Fenced Property

About This Home

Rare opportunity to own a newer duplex built in 2020, featuring 4 spacious bedrooms, 2.5 baths, & 1,742 sqft per unit, along with a 2-car garage. Each unit offers a modern layout w/ contemporary finish. Entire neighborhood is well-kept w/ a cohesive, updated look. This property presents a fantastic investment opportunity or perfect setup live in one unit while renting other. One unit is currently vacant and move-in ready, ideal for an owner-occupant or a new tenant. Located in a strong rental area, this duplex has great potential for positive cash flow. Conveniently located near freeways, parks, shopping centers, & stores makes it especially appealing to renters. Don’t miss this rare find, modern duplexes like this don’t come around often!

Last Listed By

Anthony DeBoldt

NW Real Estate Inc. License #47032 Listed on: 05/28/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2380888

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,506

Year Built

  • Built in 2020

Lot Details

  • 4,740 Sq Ft Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Corner Lot
  • Sprinkler System
  • Property is in average condition

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,484 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Outdoor Features

  • Patio

Schools

  • South Bay Elementary School
  • Chinook Mid Middle School
  • North Thurston High School

Utilities

  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Gateway North Condos
  • Lacey Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 50330000100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,506

Year Built

Built in 2020

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 2020
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: Gateway North
  • New Construction: No
  • CalculatedSquareFootage: 3484
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family, Residential
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City Of Lacey
  • WaterCompany: City Of Lacey
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: North Thurston
  • High School: North Thurston High
  • Middle Or Junior School: Chinook Mid

Lot Info

  • Parcel Number: 50330000100
  • Lot Size Acres: 0.1088
  • Lot Size Sq Ft: 4740
  • Zoning Description: Multi-Family,Residential
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: Public Record
  • MLSSquareFootageSource: Public Record
  • LotNumber: 1

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 19
  • LeasedItems: None
  • TotalMonthlyIncome: 4725

Multi Family

  • Gross Scheduled Income: 56700
  • Net Operating Income: 45104
  • Number Of Units Total: 2
  • Insurance Expense: 1490
  • Leasable Area: 3484
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2025
  • Tax Annual Amount: 9506

MLS Schools

  • Elementary School: South Bay Elem

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,399 $915,700 $242,500 $673,200
2023 $9,399 $984,000 $223,500 $760,500
2022 $7,205 $815,900 $176,400 $639,500
2021 $7,923 $619,800 $98,200 $521,600
2020 $76 $635,100 $82,400 $552,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 For Sale $849,950 -- $244 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $635,000 Stewart Title Company
Warranty Deed $125,000 Stewart Title Thurston
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $381,000 Commercial
Previous Owner $421,950 Construction
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2380888

Northwest Multiple Listing Service (NWMLS)

APN: 50330000100