20
See all 20 photos
Listed by TS Property Management
$2,800,000
Est. payment /mo
23 Beds
17 Baths
12,424 SqFt
New
1608 Ruddell RD SE Lacey, WA 98053
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,424 sqft
Price per Sqft $225
Subdivision Lacey
MLS Listing ID 2398692
Style 56 - 10+ Units
Bedrooms 23
Year Built 1978
Lot Size 0.982 Acres
Property Sub-Type Multi Family
Property Description
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, and future upside. Ideal for both seasoned and new investors looking for scale and long-term growth in a strong rental market.
Location
State WA
County Thurston
Area 450 - Lacey
Interior
Flooring Engineered Hardwood, Carpet
Fireplace false
Exterior
Exterior Feature Wood
View Y/N No
Roof Type Composition
Building
Lot Description Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Mountain View Elementary
Middle Schools Chinook Mid
High Schools North Thurston High
School District North Thurston
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
"Three Trees" icon indicates a listing provided courtesy of NWMLS.