4808 4812 15th Avenue SE, Lacey, WA 98503
- $505,000
Listing courtesy of Olympic Sotheby's Int'l Realty.
- List Price
- $505,000
- Status
- ACTIVE
- MLS#
- 2531449
- Days on Market
- 58
- Lot Size (sq ft)
- 15,000
Property Description
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.
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Additional Information
- Community
- Lacey
- Style
- 40 - Res-Less thn 1 Ac
- Zoning Jurisdiction
- City
- View
- Territorial
- Sewer
- Available, In Street
- Tax Year
- 2026
- School District
- North Thurston
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Driving Directions
- Going south on college turn left on Lacey Blvd, right on Ruddell Rd, right on 15th to home on right.
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.