Lacey, WA 98503 643 School Street SE
$705,000
29 more
Presented By: Redfin and NWMLS
- MLS# 2389866
- 06/12/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 2,600
Home Details
Fantastic opportunity to own a well-maintained duplex in Lacey with a strong rental history. Add to your investment portfolio or live in one side and rent the other. Each two-story unit features 2 bedrooms, a flex room, & 1.5 baths. Main floor living space w .5 bath, upstairs hosts bedrooms/full bath. Both units have large fenced yards, in-unit washer and dryer, a private single-car garage, and driveway parking. Ideally located, this property offers convenient access to shops, restaurants, schools, parks and freeway access. Brand New Septic, Pumping Station & Drain field. New Hardie Plank Siding and Exterior Paint in 2023.
Presented By: Redfin and NWMLS
Interior Features for 643 School Street SE
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringLaminate, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories2
General for 643 School Street SE
Building Area UnitsSquare Feet
Cap Rate2.93
Carport Spaces
Carport Y/NNo
CityLacey
CoolingNone
CountyThurston
DirectionsE ON PACIFIC AVE TO STEILACOOM, L ON SCHOOL ST.
Electric Expense
Elementary SchoolBuyer To Verify
Fuel Expense
HOANo
HOA Fee$
HeatingWall Unit(s)
High SchoolBuyer To Verify
High School DistrictNorth Thurston
Insurance Expense1353
Leasable Area2600
Listing TermsCash Out, Conventional
Lot Size Square Feet24335
Lot Size UnitsSquare Feet
MLS Area451 – Hawks Prairie
Middle/Junior High SchoolBuyer To Verify
ModificationTimestamp2025-09-24T17:13:10.974Z
NWM_ShowMapLinkY
Net Operating Income20676
New ConstructionNo
Number Of Units Total2
Open Parking Spaces2
Pool FeaturesCommunity
PossessionClosing
Property ConditionVery Good
Property Style52 – Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksFantastic opportunity to own a well-maintained duplex in Lacey with a strong rental history. Add to your investment portfolio or live in one side and rent the other. Each two-story unit features 2 b
RoofComposition
Security FeaturesFully Fenced
Senior Community Y/NNo
SewerSeptic Tank
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameLacey
Tax Annual Amount5785.66
Tax Year2025
Units Below Gradefalse
Units In Building Total2
ViewTerritorial
Water CompanyThurston PUD
Water Sewer Garbage0
Year Built1993
Exterior for 643 School Street SE
Building Area Total2600
Covered Spaces2
Exterior AmenitiesCement Planked, Wood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesCorner Lot, Paved, Sidewalk
Lot Size Acres0.5587
Parking Uncovered Spaces2
Pool TypeCommunity
Site FeaturesCable TV, Fenced-Fully, Outbuildings, Patio
Total Parking2
Water SourceCommunity
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Buyer To Verify Elementary School
Middle School
Buyer To Verify Middle School
High School
Buyer To Verify High School
Josh QA1
REALTOR ® SRES ®