Lacey, WA 98503 4808 15th Avenue SE
$560,000
18 more
Presented By: Olympic Sotheby’s Int’l Realty and NWMLS
- MLS# 2365222
- 04/23/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
Home Details
One-of-a-kind development opportunity in the heart of Lacey! This exceptionally rare property consists of a fully updated single family rental with water, sewer, and power stubbed to the back of the lot for a second building site, as well as a 7500+/- sqft vacant lot stubbed with water, sewer, and power that is build ready and approved for a 2500+/- sqft duplex. With 1 updated unit already rented and 2 other building sites (3 units total) only needing building plan approvals. A turnkey development opportunity like this is hard to find. Perfect location close to amenities and I-5 for convenient north/south travel. A home run investment for any investor or developer looking to expand their portfolio.
Presented By: Olympic Sotheby’s Int’l Realty and NWMLS
Interior Features for 4808 15th Avenue SE
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Total Fireplaces
General for 4808 15th Avenue SE
Building Area UnitsSquare Feet
Carport Y/NNo
CityLacey
CountyThurston
DirectionsGoing south on college turn left on Lacey Blvd, right on Ruddell Rd, right on 15th to home on right.
Gas StatusOn Property
HOANo
HOA Fee$
High School DistrictNorth Thurston
Listing TermsCash Out, Conventional, FHA, VA Loan
Living Area UnitsSquare Feet
Lot Size Square Feet15000
Lot Size UnitsSquare Feet
MLS Area450 – Lacey
ModificationTimestamp2025-04-24T21:39:10.977Z
NWM_ShowMapLinkY
PossessionClosing
Possible UseMulti-Family, Residential
Property Style40 – Res-Less thn 1 Ac
Property TypeLand
Public RemarksOne-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 lo
Senior Community Y/NNo
SewerAvailable, In Street
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeUnspecified
Subdivision NameLacey
Tax Annual Amount2606
Tax Year2024
TopographyLevel
UtilitiesElectricity Connected, Natural Gas Available
ViewTerritorial
Zoning DescriptionMulti-Family, Residential
Exterior for 4808 15th Avenue SE
Building Area Total
Irrigation Water Rights Y/NNo
Lot Size Acres0.3444
Road Surface TypePaved
Water SourceOn Property
Waterfront Y/NNo
Additional Details
Price History
Josh QA1
REALTOR ® SRES ®