4808 15th Ave SE Lacey, WA 98503
Central Lacey NeighborhoodEstimated payment $1,069/month
Highlights
- Territorial View
- No HOA
- Level Lot
About This Lot
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 and 2 other building sites (3 units total) only needing building plan approvals. A turnkey development opportunity like this is hard to find. Perfect location close to amenities and I-5 for convenient north/south travel. A home run investment for any investor or developer looking to expand their portfolio.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2373655
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,198
Lot Details
- 7,500 Sq Ft Lot
- Level Lot
- Zoning described as Multi-Family,Residential
Additional Features
- Territorial Views
- Sewer in Street
Community Details
- No Home Owners Association
- Lacey Subdivision
Listing and Financial Details
- Assessor Parcel Number 65600200702
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,198 | $135,400 | $135,400 | -- |
| 2023 | $1,198 | $124,600 | $124,600 | $0 |
| 2022 | -- | $78,900 | $78,900 | -- |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/08/2025 05/08/25 | For Sale | $390,000 | +122.9% | $560 / Sq Ft |
| 05/08/2025 05/08/25 | For Sale | $175,000 | -68.8% | -- |
| 04/23/2025 04/23/25 | For Sale | $560,000 | -- | $805 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2373655
APN: 65600200702
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Based on information submitted to the MLS GRID
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