1608 Ruddell RD SE new to site

Lacey,WA 98053

$ 2800000

23 Beds

17 Baths

12424 SqFt


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

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

Acceptable Financing Cash Out

Listing Terms Cash Out

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