Listed by Vanguard Realty
$599,000

Estimated payment $3,535/month

4 Beds
2 Baths
1,712 Sq Ft
$350 Price per Sq Ft

Highlights

  • 0.34 Acre Lot
  • Territorial View
  • Patio
  • Timberline High School Rated A-
  • No HOA
  • 5-minute walk to Rainier Vista Community Park

About This Home

Fantastic investment opportunity with this remodeled duplex. Both units clean, vacant, and move-in ready. Live in one unit and offset your mortgage, or capitalize on this turnkey investment by renting both sides. New laminate flooring, counters, paint & light fixtures. Interior laundry rooms. Both units offer rear patios with large fenced yards. Full-size one-car garages. Vinyl windows with a new roof in 2023. Desirable location on a bus line. close to JBLM, hospitals, and amenities.

Listing Agent

Lisa Quaade

Vanguard Realty License #38431 Listed on: 12/04/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2458078

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,711

Year Built

  • Built in 1975

Lot Details

  • 0.34 Acre Lot
  • Property is Fully Fenced

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,712 Sq Ft Home
  • 1-Story Property
  • Vinyl Plank Flooring
  • Territorial Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Lakes Elementary School
  • Komachin Mid Middle School
  • Timberline High School

Additional Features

  • Patio
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Lacey Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11833121001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,711

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 1975
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 1712
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Fully Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Lacey
  • WaterCompany: City of Lacey

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: North Thurston
  • High School: Timberline High
  • Middle Or Junior School: Komachin Mid

Lot Info

  • Parcel Number: 11833121001
  • Lot Size Acres: 0.3444
  • Lot Size Sq Ft: 15000
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Patio
  • MLSLotSizeSource: Public Records

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Tax Info

  • Year: 2025
  • Tax Annual Amount: 4711

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Lakes Elem

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $4,466 $453,400 $247,400 $206,000
2023 $4,466 $467,000 $255,000 $212,000
2022 $3,201 $352,200 $177,200 $175,000
2021 $3,100 $274,900 $133,100 $141,800
2020 $2,869 $248,000 $91,000 $157,000
2019 $2,272 $238,400 $108,900 $129,500
2018 $3,006 $223,800 $86,900 $136,900
2017 $2,367 $185,550 $57,450 $128,100
2016 $1,830 $147,900 $39,600 $108,300
2014 -- $139,750 $43,350 $96,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2025 12/04/25 For Sale $599,000 -- $350 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- None Listed On Document
Warranty Deed $180,000 Thurston County Title
Interfamily Deed Transfer -- Thurston County Title
Warranty Deed $245,000 Chicago Title Company
Quit Claim Deed -- Chicago Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $135,000 New Conventional
Previous Owner $146,000 Unknown
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2458078

Northwest Multiple Listing Service (NWMLS)

APN: 11833121001